Idaho HARP Loans
What is the HARP Loan Program in Idaho?
The US Government’s Home Affordable Refinance Program (HARP) is a program designed to help Idaho homeowners refinance their Idaho home in situations where home value has declined and, as a result, other Idaho home loan refinancing programs are not an option. H.A.R.P. loans in that state of Idaho are meant to help homeowners obtain a more affordable and stable ID mortgage.
Idaho HARP Loan Requirements
- Idaho homeowners who currently owe more their ID mortgage than the home’s current market value
- Have private mortgage insurance in Idaho
- Have a Fannie Mae or Freddie Mac insured loan
- Have wanted to refinance in Idaho but were told they didn’t qualify
- Idaho refinances of up to 95% loan-to-value
- Good payment history on current Idaho loan
- Additional requirements apply
Do refinance fees for HARP Loans in Idaho apply?
Idaho HARP loans require underwriting and a loan application process and underwriting process so refinance fees will apply.
Idaho HARP Lenders
Apply now or contact the ID HARP lenders at Home Point Financial to learn more about the Idaho HARP program and eligibility.
