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