Mid March is just around the corner and with it, the system upgrades from Fannie Mae and Freddie Mac will allow thousands of FL homeowners to take advantage of the new enhanced FL HARP 2.0 guidelines.  Fannie Mae will update on March 17th while Freddie Mac is set for March 15th.  Of course the biggest advantage in waiting for the new HARP 2.0 is the removal of the previous 125% maximum loan-to-value (LTV) amount.  The will certainly allow more borrowers to become eligible to refinance and reduce their current interest rate.

Please keep in mind that the newly revised HARP 2.0 guidelines begin next weekend.  For now, we can get started with formal applications and gathering documentation needed.  If you have a Fannie Mae or Freddie Mac owned conventional mortgage you too may be qualified to lower your monthly payment with today’s lower fixed mortgage loan rates.

You can start by contacting us directly or by visiting the following link to check if your FL mortgage  loan is eligible for the  HARP 2.0 no appraisal refinance. Lower your montlhy payment now before interest rates move.

Stephen Thaggard, NMLS 356309,  Sr Loan Officer, licensed in Florida,

Embrace Home Loans, NMLS 2184,  485 N Keller Road, Suite 550, Maitland, FL 32751