What is the HARP Loan Program in Louisiana?

The US Government's Home Affordable Refinance Program (HARP) is a program designed to help Louisiana 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.

Louisiana 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 Louisiana
  3. Have a Fannie Mae or Freddie Mac insured loan
  4. Have wanted to refinance but were told they didn't qualify
  5. Louisiana refinances of up to 95% loan-to-value
  6. Good payment history on current Louisiana loan
  7. Additional requirements apply

Do refinance fees for HARP Loans in Louisiana apply?

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

Louisiana HARP Loan Lenders

Contact Home Point Financial to learn more about the Louisiana HARP and other loan program eligibility.