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