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HARP, or the Home Affordable Refinance Program has been a huge platform for refinancing loans for our Indianapolis clients. It has allowed us to refinance homes for thousands of families, lowering their payments, shortening their commitment in term of years, getting cash out of their homes, or simply locking them into a fixed rate. HARP loans are a federal program that allows homeowners that have their loans through Freddie Mac and Fannie Mae to obtain a newer, more affordable home loan through HARP, to keep people from defaulting on their higher interest loans. Refinancing with a HARP loan is easy, and with our indusrty-best platform, it’s as simple as possible.

The HARP Loan program was originated in March, 2009 by the Federal Housing Finance Agency to help homeowners that may be underwater or behind on their loans, families that were in danger of being foreclosed upon and unable to get out from under the loans because of the dropping home values caused by the massive market correction. However, this seemed unfair to those who had been current on their loans, and were making payments on their homes, despite the high rates. HARP 2.0 then followed, allowing those borrowers who weren’t underwater on their loans to refinance at these more favorable rates, in December, 2011. The requirements also loosened, allowing those who owed more than 125% to refinance without getting Private Mortgage Insurance. The mortgage lender was now guaranteed to not be held for fraud on the original loan, which led to more lenders signing up for the program. More often than not, we close HARP loans without even needing an appraisal at all.

Whether you’re looking to purchase a new home or refinance one in Indianapolis, Carmel, Fishers, Noblesville, Greenwood, Lawerence, Westfield, Plainfield, Zionsville, Franklin, or anywhere in the Indy and surrounding areas, call or apply online at

Ryan Kelley
The Home Loan Expert

3815 River Crossing Parkway
Suite 100
Indianapolis, IN 46240