What is the HARP Loan Program in Delaware?

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

Delaware HARP Loan Requirements

  1. Homeowners who currently owe more on their mortgage than the home’s current market value
  2. Have private mortgage insurance 
  3. Have a Fannie Mae or Freddie Mac insured loan
  4. Have wanted to refinance  but were told they didn't qualify
  5. Refinances of up to 95% loan-to-value
  6. Good payment history on current Delaware loan
  7. Additional requirements apply

Do refinance fees for HARP Loans in Delaware apply?

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

Delaware HARP Lenders

Contact Home Point Financial to learn more about the Delaware HARP program and eligibility.