What is the HARP Loan Program in Tennessee?

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

Tennessee 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 Tennessee apply?

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

Tennessee HARP Loan Lenders

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