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