Florida HARP Loan



The Home Affordable Refinance Program (HARP) allows homeowners to refinance their mortgage even when they have little to no equity. Traditional refinancing options usually lock out such homeowners. If you think you don’t qualify for the ‘normal’ refinance options feel free to contact us, and we will get you into the HARP program.

So why would you want to refinance? Refinancing adjusts your mortgage rates to match the current market rates. If the interest rates on your existing mortgage are higher than the prevailing market rates, you can do a refinance and lower your rates. That will lower your monthly payments. In most cases, refinancing comes with additional benefits like better mortgage terms and a reduced insurance premium. You may want to know that Florida is currently enjoying the lowest interest rates in a very long time. Makes it a perfect time to refinance.

And why refinance with HARP? HARP is special because you can use it to refinance your mortgage even when you have little to no equity. You are eligible to refinance if you owe more on your mortgage than what your home is worth, i.e. your mortgage debt is bigger than the value of your house. Basically, you wouldn’t be able to refinance your mortgage under those circumstances, but thanks to HARP you now can. And there’s even better news, Florida HARP loan rates are practically at rock bottom. The current market presents a really great opportunity for you to start building your home’s equity again.

Get started with Moreira Team. Our staff will help you get HARP refinancing with very few requirements. Contact us today for more information.



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