What is the HARP Loan Program in Hawaii?

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

Hawaii HARP Loan Requirements

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

Do refinance fees for HARP Loans in Hawaii apply?

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

Hawaii HARP Loan Lenders

Apply now or contact the HI HARP lenders at Home Point Financial to learn more about the Hawaii home loan program and eligibility.