Last Chance for Virginia Homeowners To Take Advantage of Expiring Government Program

Terry Jefferson
January 01, 2018
We've been around since 2005 & over 10 million borrowers trust us with their mortgage. Our experts have years of mortgage experience and spend countless hours researching mortgage products & programs to offer you unbiased advice & recommendations.

The Home Affordable Refinance Program, better known as HARP, was originally instigated by the Obama administration and is a program designed for the typical homeowner to give a boost to the middle-class. This is an easy refinance program that the banks do not want people to know about. Why? Because, even with little or no equity in your home, you could be eligible to save thousands a year.

Yes, any homeowner can qualify for low rates and shop multiple lenders. It is an opportunity for dynamic lending with no red tape and banks are keeping it off your radar. Using HARP, Virginia homeowners have been reducing monthly payments by as much as $4,140 per year, for the life of their loan (that adds up to $124, 200 on a 30 year mortgage).

Homeowners that owe less than $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 quality for HARP and can refinance into low rates that were otherwise unattainable.

On average, Virginia homeowners are able to save up to $345 a month, $4,140 a year and $124,200 for the life of a 30 year mortgage. They can use the extra cash for anything they want; home improvement, paying off a debt or taking a vacation.

Who Is Eligible?

You can check your HARP eligibility online for free and there are no obligation to see your savings. Typically requirements are:

  • Homeowners must be current on their mortgage with no 30-day+ late payments in the last six months
  • The home is a primary residence, a 1-unit second home or 1 to 4 unit investment property

Thousands of homeowners are scrambling to get approved with HARP before it expires on December 31, 2018. HARP is a government program with no costs or obligations. See if you qualify »

How to Take Advantage of This Program Before It's Too Late

HARP will save money for the borrower 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.

Calculate your new house payment and see your savings »

Fetcharate is one of the country's largest and most respected mortgage refinance comparison websites. They are currently connecting smart homeowners like yourself with competitive mortgage rates. Service is fast, easy, and 100% free with no obligation. It takes less than two minutes - you have nothing to lose!

See If I Qualify »