What is the HARP Loan Program in South Carolina?

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

South Carolina HARP Loan Requirements

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

Do refinance fees for HARP Loans in South Carolina apply?

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

South Carolina HARP Lenders

Contact Home Point Financial to learn more about the South Carolina HARP program.