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