It is already 2012 and most homeowners here in Florida have found it impossible to refinance to today’s lower fixed interest rate simply because their property value has dramatically declined.  Well if you are not behind on your FL mortgage payment, you may be able to refinance and save more money through the newly revised HARP 2.0. Consider the following possible advantages to refinancing your higher rate FL mortgage with the help of  HARP 2.0.

  • Refinance with no loan-t0-value restrictions.  Appraisals may be waived entirely (after March).
  • Save money with lower monthly mortgage payment after locking in today’s lower fixed interest rates.
  • Change your ARM (adjustable rate mortgage) to a conventional fixed rate for pure peace of mind.
  • Save thousands and shorten your mortgage term to 25, 20, 15 or 10 year fixed amortized loan.
  • If you don’t have MI (mortgage insurance) on your existing mortgage, no MI is required, per HARP 2.0.

Our Area Manager, Greg Peele, expects this specific Fannie Mae and Freddie Mac mortgage will be the single most popular program designed to allow qualified FL homeowners finally refinance without the worry of home value.  We are here to help anyone with any questions on how and when to qualify for the HARP 2.0 FL refinance.  If you need assistance or have concerns please email or call 407.733.6425.

Happy New Year!

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

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