Could the “New Harp” be The Greatest Mortgage Reduction Program In History?
(Washington, D.C.) – Congress has replaced HARP, which helped over 3.3 million Americans reduce their mortgage payment, with a number of new programs including the Freddie Mac Enhanced Relief Refinance (FMERR) initiative, but the banks have been keeping this a secret!
When homeowners visit the HARP Replacement website, they may be surprised to find out they qualify for a plan that offers them shockingly low-interest rates and reduced mortgage payments. These new initiatives replace HARP, the Obama-era mortgage relief program, and can help middle-class Americans reduce their monthly payments by as much as $3,120 each year*.
If you owe less than $625,000 on your home you may qualify for Freddie Mac’s Enhanced Relief Refinance option. It’s hard to believe this program exists but after HARP helped more than 3.3 million U.S. households to refinance the government knew they had to step in with a replacement. This new program, or one of several other conventional refinance programs still could help hundreds of thousands – if only more homeowners would apply.
It’s insane this program isn’t talked about more often. For whatever reason, a lot of people think this program is “too good to be true”. Even worse, some think the program is only for homeowners with bad credit or foreclosures. This couldn’t be farther from the truth. HARP (and FMERR) were made for the average American. And having good credit helps you qualify for EVEN better rates!
While the government has not announced an expiration date, who knows if this “beta” program will last past 2019. So, homeowners are urged to take advantage now.
So if lowering your payments, paying off your mortgage faster, and even taking some cash out would help you, it is vital you act now.
Many homeowners could still be eligible for a government refinance program that can save them on average $3,120 each year. Sadly, some perceive the “New HARP” as to be too good to be true. Remember, there are many government refinance programs and there’s absolutely NO COST to see if you are eligible. Instantly find out if you are eligible »
Want To See How Much You Can Save? Here’s How You Do It:
Step 2: After you enter some information about your home, you will find out how much you may save by refinancing. It’s so easy and quick to put money back into your pocket!