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