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