Money experts said it could not be done and banks simply don’t like to talk about it, but a simple little government program passed by Obama has helped millions of homeowners save thousands of dollars each year.
This free program called the Home Affordable Refinance Program (HARP) is designed for the typical homeowner which means that it’s easy to qualify for and the process is very simple. Homeowners typically see average saving up to $4,140 each year for the life of their loan, that adds up to $124,200 on a 30-year mortgage. The savings are substantial to say the least.
It’s no secret why banks hope you never find out about this program and why opponents thought it was too good to be true and would not work. The fact is that HARP has been a huge success with over 3.4 million homeowners using HARP and thousands currently scrambling to get approved with HARP before it expires on December 31, 2018. Congress has made it clear that it has no plans to extend it so this could be your last chance to use this once in a lifetime mortgage relief program.
Homeowners that owe less then $625,000 on their home and have not missed a mortgage payment in six months see the most savings. While homeowners who owe more than their home is worth will be surprised they qualify for HARP and can refinance into astoundingly low rates that were otherwise unattainable.
But banks do not want you to know about this program because:
Here are three reasons why we love this program:
Thousands of homeowners are currently scrambling to get approved with this program before it expires on December 31th, 2018. This could be your last chance to use this once in a lifetime mortgage relief program. See Your Savings »
HARP will save just about any homeowner tons of money and Fetcharate's free service is designed to help you connect with HARP lenders instantly. In just minutes borrowers such as yourself can get a side-by-side rate comparisons from many lenders and find out which loan offers make the most sense.
Fetcharate is one of the country's largest and most respected mortgage refinance comparison websites. Their service is fast, easy, and 100% free with no obligation. It takes less than two minutes - you have nothing to lose!
Step 2: Fill out a quick form with basic homeowner information.
Step 3: See your savings.