What is the HARP Loan Program in California?

The US Government's Home Affordable Refinance Program (HARP) is a program designed to help California homeowners refinance their California home in situations where home value has declined and, as a result, other California home loan refinancing programs are not an option. H.A.R.P. loans in that state of California are meant to help homeowners obtain a more affordable and stable CA mortgage.

California HARP Loan Requirements

  • California homeowners who currently owe more their CA mortgage than the home’s current market value
  • Have private mortgage insurance in California
  • Have a Fannie Mae or Freddie Mac insured loan
  • Have wanted to refinance in California but were told they didn't qualify
  • California refinances of up to 95% loan-to-value
  • Good payment history on current California loan
  • Additional requirements apply

Do refinance fees for HARP Loans in California apply?

California HARP loans require underwriting and a loan application process and underwriting process so refinance fees will apply.

California HARP Loan Lenders

Apply now or contact the CA HARP lenders at Home Point Financial in Danville, Newport Beach, or San Diego to learn more about the California HARP program and eligibility.