Best of luck!
To to eligible for a HARP refinance, you loan would have to have been purchased by Fannie Mae or Freddie Mac prior to June 1, 2009. Prospect Mortgage is one of the few lenders that does not impose LTV limitations on HARP refinances. HUD also has a similar program for FHA mortgages.
We would need to review your options for both your refinance and your purchase to determine what your options might prior to you moving to far ahead with anything.
Working with a knowledgeable and seasoned loan officer is critical in today's market. Getting Pre-Qualified is the only way for you to find out your mortgage options. To get Pre-Qualified for your purchase, you can submit your request online at http://www.rodneymason.com.
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia with over a decade of mortgage lending experience.
Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePathÂ® | HomePathÂ® Renovation | HomeStyleÂ® Renovation | VA | USDA | GA Dream | Jumbo Financing.
These are all good questions for a good lender and I have a list of several I can recommend. I have also compiled a list of rental management contacts for my clients. I would be happy to provide them at your request.