What is the HARP Loan Program in Idaho?

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

Idaho HARP Loan Requirements

  1. Homeowners who currently owe more on their mortgage than the home’s current market value
  2. Have private mortgage insurance in Idaho
  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 Idaho loan
  7. Additional requirements apply

Do refinance fees for HARP Loans in Idaho apply?

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

Idaho HARP Loan Lenders

Contact Home Point Financial to learn more about Idaho mortgage programs and eligibility.