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FHFA Highlights Homeowners HARP Refinancing: Eligibility Is Easier
Date:9/26/2013

Twin Cities, Minnesota (PRWEB) September 26, 2013

To help homeowners keep their home, the Federal Housing Finance Agency (FHFA) recently launched a nationwide campaign to inform homeowners about the Home Affordable Refinance Program (HARP). The FHFA's intent is to inform underwater homeowners who have been making their monthly mortgage payments that they have the chance to approach their lender and determine eligibility to refinance through HARP.

"HARP refinancing is really so simple of a saving concept that eligible homeowners can quickly see the value of proceeding. It is an important opportunity for underwater homeowners to turn their home mortgage upright by refinancing at a lower rate. We urge homeowners to take a close look at HARP if they still owe more than their home is worth," states Jenna Thuening, owner of Home Destination.

It may be that a lack of knowledge or call to action may be holding some homeowners back. "With the launch of this campaign we look forward to reaching those homeowners who may not know about the program or understand the eligibility criteria to take advantage of today’s low interest rates by refinancing through HARP,” said FHFA acting director Edward DeMarco.

Along with FHFA's campaign, a new website has been created http://www.harp.gov. It's content
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Source: PRWeb
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