What is the HARP Loan Program in Montana?

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

Montana HARP Loan Requirements

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

Do refinance fees for HARP Loans in Montana apply?

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

Montana HARP Loan Lenders

Apply now or contact the Montana mortgage lenders at Home Point Financial to learn more about the Montana HARP program and eligibility.