Home Affordable Refinance Program (HARP) New Refinance Program for Fannie Mae and Freddie Mac Kentucky homeowners refinance

FHFA Launches National Education Campaign Campaign Aims to Reach Homeowners Eligible for Mortgage Refinance under HARP




Washington, D.C. – The Federal Housing Finance Agency (FHFA) today launched a nationwide campaign to inform homeowners about the Home Affordable Refinance Program (HARP). The campaign is designed to encourage homeowners who have been making their mortgage payments, but who owe more than their home is worth, to contact their current lender or any other mortgage lender offering HARP refinances to review their refinancing options.


“HARP is an absolute no brainer for eligible homeowners. This program allows underwater homeowners the option to refinance at a lower rate and in my book that is a great deal,” said Aubrey. “I spend my time on TV and as a realtor trying to get great deals for my clients. FHFA has already done the legwork to create an amazing deal. It’s as simple as finding out if you qualify, getting the refinance done and watching the savings add up. “

 Louisville Kentucky Harp Refinance Mortgage Guidelines




To be eligible for a HARP refinance, homeowners must meet the following criteria:
• The loan must be owned or guaranteed by Fannie Mae or Freddie Mac.
• The mortgage must have been sold to Fannie Mae or Freddie Mac on or before May 31, 2009.
• The current loan-to-value (LTV) ratio must be greater than 80 percent.
• The borrower must be current on their mortgage payments with no late payments in the last six months and no more than one late payment in the last 12 months.

To find out if a mortgage is owned or guaranteed by Fannie Mae or Freddie Mac, borrowers can
confirm their mortgage by visiting http://knowyouroptions.com/loanlookup or
https://ww3.freddiemac.com/corporate/




Joel Lobb (NMLS#57916)
Senior  Loan Officer
502-905-3708 cell
502-813-2795 fax
kentuckyloan@gmail.com

Key Financial Mortgage Co. (NMLS #1800)*
107 South Hurstbourne Parkway*

Louisville, KY 40222*



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