what are the requirements for harp refinance?
449701
The mortgage must have been sold to Fannie Mae or Freddie Mac on or before May 31, 2009. Borrowers must be current on their mortgage payments with no payments more than 30 days late in the last six months and no more than one late payment in the last 12 months.
1330668
To refinance student loans, you typically need steady income, good to excellent credit—or a co-signer with good credit—and a willingness to compare offers from different lenders. That will help you get the lowest interest rate you qualify for, which is often a borrowers' main goal when refinancing.
1444415
['Payment history (35%)', 'Amounts owed (30%)', 'Length of credit history (15%)', 'New credit (10%)', 'Credit mix (10%)']
222491
['Work with your current lender.', 'Shop around for your best deal.', 'Work to improve your credit score.', 'Get a cosigner.', 'Use an FHA streamline refinance.', 'Streamline with a VA interest rate reduction refinance (IRRRL) loan.', 'Refinance with alternative or nonprime lending programs.']
257319
The only HARP replacement program available as of 2020 is Fannie Mae's High-LTV Refinance Option, also called the HIRO Program. The other HARP replacement program, Freddie Mac's Enhanced Relief Refinance (FMERR), ended in September, 2019.
1447331
['The instrument must be in writing.', 'The instrument must be signed by the drawer.', 'The instrument must contain an order to pay, which is express and unconditional. ... ', 'The drawer, drawee and the payee must be certain and definite individuals.', 'The amount of money to be paid must be certain.']
507104
Oftentimes you'll have to wait at least six months before refinancing with the same lender. However, a seasoning requirement doesn't stop you from getting a better deal with a different lender. Feel free to shop around for a better rate and switch lenders if you can save.
926902
['0.75%1 on a 1 year term.', 'Non-Redeemable GIC.', 'Posted rate. 0.55. %']
979197
['$100 minimum required balance to open your account.', '150 free transactions allowed per month, with a $0.50 additional charge for every transaction thereafter.', '$5,000 monthly cash deposit allowed with no additional charge, and a $0.25 fee for each $100 in additional monthly deposits.']
623319
['Your credit score is 620 or higher — 700 and above will most likely qualify for the best rates.', 'You have a maximum loan-to-value ratio, or LTV, of 80 percent — or 20 percent equity in your home.', 'Your debt-to-income ratio is no higher than 43 percent.']
439968
['A cash-out refinance is the closest thing to a home equity loan. ... ', 'Check Cash-Out Refinance Rates.', 'The FHA streamline refinance program is open to everyone with an existing FHA loan. ... ', 'A VA streamline refinance has the same guidelines as FHA streamline refinances do.']
1394760
['Fixed Saver 2 Year.', 'Min. Opening Balance £500.', 'Interest Rate (Annual) 0.85% Gross*/AER* Annual (Fixed)', 'Interest Rate (Monthly) 0.85% Gross*/AER* Monthly (Fixed)', 'Product Type Fixed Term.', 'Withdrawals Not Permitted.']
183692
['A Sufficient Down Payment.', 'An Affordable Interest Rate.', 'A Minimum Acceptable Credit Score.', 'Your Debt-To-Income Ratio.', 'Being Able to Pay Closing Costs.', 'Financial Documentation.', 'The Bottom Line.']
454867
['Pay stubs: Lenders need to know you have stable income that will allow you to pay your mortgage each month. ... ', 'Proof of employment: ... ', 'Employer contact information: ... ', 'Tax documents: ... ', 'Bank statements: ... ', 'Debt information: ... ', 'Confirmation of property: ... ', 'Residential history:']
165656
Must be current on auto loan payments to be considered for refinance. Your car must be worth at least as much as the outstanding debt on the current loan. Credit score of 600 or better is required for refinancing.
81374
A Credit Score Of At Least 620 To refinance, you'll usually need a credit score of at least 580. However, if you're looking to take cash out, your credit score will need to be 620 or higher.
864467
["The applicant's level of need.", 'Their willingness to partner with Habitat.', 'Their ability to repay a mortgage through an affordable payment plan.']