answersLogoWhite

0

As far as I know there are not a lot of big changes, but there are a few, such as you will be required to prove you are able to refinance you're home.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

Are there changes in home mortgage refinancing?

Yes, since the beginning of 2012 there have been many positive changes in home mortgage refinancing. Some of the changes include lower interest rates and also the HARP act.


Where can one refinance with poor credit?

Avenues to explore for refinancing with bad credit include the Home Affordable Refinance Program (HARP) and the Home Affordable Modification Program (HAMP). Mortgages have been known to be brought down to 2.4% in some cases through these programs.


Where can one find bad credit home refinancing?

Bad Home Credit Refinancing can be found available through the FHA Loan program from the MyFHA website. Once you are on the page, you can apply online.


How can I refinance my home with negative equity?

Refinancing a home with negative equity can be challenging, but it is possible. One option is to work with your lender to see if they offer programs for refinancing underwater mortgages. Another option is to explore government programs like HARP (Home Affordable Refinance Program) which may help homeowners with negative equity refinance their homes. It's important to research and compare different options to find the best solution for your situation.


Who is responsible for HARP?

The United States congress is responsible for passing the HARP Act. The HARP act stands for Home Affordable Refinance Program and it is administered by the federal government.


Who is responsible for HARP act?

The United States congress is responsible for passing the HARP Act. The HARP act stands for Home Affordable Refinance Program and it is administered by the federal government.


How long do you have to wait to refinance with a traditional mortgage company or the government HARP program after a chapter 7 bankruptcy I have a Fannie Mae loan and my discharge is almost 2 yrs old?

After a Chapter 7 bankruptcy, you typically need to wait at least four years to refinance with a traditional mortgage lender. However, if you have a Fannie Mae loan and your discharge is nearly two years old, you may qualify for refinancing under the Home Affordable Refinance Program (HARP) if you meet other eligibility criteria. It’s advisable to check with your lender for specific guidelines and to confirm your eligibility for refinancing options.


Is a ginnie Mae mortgage part of President Obama's new Home Affordable and Refinancing Program?

I have the same question!


Do most lenders have about the same rates for refinancing a home?

Most lenders offer about the same rates for refinancing a home. This is because it is based off the prime rate set by the fed. The rate changes based on the people applying.


Are you considering refinancing your house?

Are you thinking about refinancing your home?


i have a modular home inapark which is paid off. to apply for a loan on this home is it refinancing or a home loan?

It is refinancing not a home loan. For more information on refinancing go to web site www.ditech.com


Are you considering refinancing your mortgage?

Are you thinking about refinancing your home loan?