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What exactly is a HARP Loan and Can A Hero be eligible for One?

What exactly is a HARP Loan and Can A Hero be eligible for One?

That you have committed your life to helping others if you are an emergency medical services worker or a medical professional, we understand. That you chose your line of work because you want to save lives and make a difference whether you are a teacher, a firefighter, a member of the Armed Forces, or a police officer, we know. You want to help you to while you help others.

You owe more than the house is worth, you may be eligible for HARP if you own a house and.

What exactly is a HARP Loan?

HARP is short for Homeowners Assistance Refinance Program. It really is a federal refinance system that permits home owners whom owe more about their loan than their property may be worth to refinance. Refinancing your house is hard once you don’t have sufficient equity in your own home. Thankfully, Homes for Heroes Lending Specialists can perhaps work with you to refinance your mortgage at a diminished rate of interest. You can even refinance into a faster loan term or improve your adjustable price home loan to a loan that is fixed-rate.

Do Heroes Qualify?

We recognize that you decided to go with your job course for reasons except that cash.