What is the HARP Loan Program in Massachusetts?

The US Government's Home Affordable Refinance Program (HARP) is a program designed to help Massachusetts homeowners refinance their home in situations where 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.

Massachusetts HARP Loan Requirements

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

Do refinance fees for HARP Loans in Massachusetts apply?

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

Massachusetts HARP Loan Lenders

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