Health & Fitness
HARP Program Extended Another 2 Years to 12/31/2015
The Home Affordable Refinance Program will be expanded for another two years to 12/31/2015.
The Home Affordable Refinance Program — a government refinancing program for underwater home owners — will be expanded for another two years, the Federal Housing Finance Agency announces. HARP was originally set to expire Dec. 31, 2013, but will now be extended to the end of 2015.
“More than 2 million home owners have refinanced through HARP, proving it a useful tool for reducing risk,” says FHFA acting director Edward DeMarco.
Home owners eligible to apply for refinancing under HARP must have a Fannie Mae- or Freddie Mac-backed mortgage that was guaranteed on or before May 31, 2009, must be current on their loan, and must have a current loan-to-value ratio more than 80 percent.
Find out what's happening in Oswegowith free, real-time updates from Patch.
Source: “HARP mortgage refinancing program extended by 2 years,” Chicago Tribune (April 11, 2013)
Contact Rich Ayers to sell your Oswego Short Sale TODAY!! Fill out our Contact Form below to receive our Ayers Team Short Sale Pre-Listing Package.
Find out what's happening in Oswegowith free, real-time updates from Patch.
Rich Ayers is a licensed Real Estate Managing Broker in Illinois. Ayers Realty Group has EXPERIENCED Brokers who specialize in Residential and Investment real estate in Naperville, Oswego, Plainfield and the surrounding suburbs of Chicago. We also own and manage multiple investment properties and help real estate investors find, buy, fix, rent and sell their investments. We are experienced Short Sale experts and hold the CDPE (Certified Distressed Property Expert and SFR (Short Sale and Foreclosure Resource) Designations. Visit our website at www.AyersTeam.com or follow us on Facebook.
