Orlando Mortgage Blog

HARP II Rollout Gets Closer

March 7th, 2012 11:14 AM by BILL WILBANKS

It looks like we will have the Fannie Mae HARP II DU Refi Plus unlimited LTV capability available effective March 19, 2012 for those of you whose mortgage is now owned by Fannie Mae, though the monthly payments are serviced by your current lender. Pricing will also be available that same day.

To find out for free if your current mortgage is now owned by Fannie Mae click http://www.fanniemae.com/loanlookup/.

Though we cannot register a new loan under the program until the 19th since the automated underwriter system won't be available until then, you can certainly begin by letting us pre-qualify your situation now and gathering your loan documentation. You can even complete an online application kept waiting in the wings to be ready to jump on rates when they become available. This program can be a big help to folks that find themselves seriously under water on home equity that would like to improve their interest rate on the present loan.

Bill Wilbanks 

Posted in:General
Posted by BILL WILBANKS on March 7th, 2012 11:14 AM

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