In the year 2012, when the federal government revamped the Home Affordable Refinance Program (HARP), dubbing it HARP 2.0, the government made it considerably easier for mortgage borrowers attached to underwater home mortgages to refinance into lower monthly payments and lower interest rates.  One requirement that was lifted under the program overhaul was one which [...]

Miami, Florida. Some would argue that the city has it all.  Sun, surf, and a nightlife that is the envy of cities all over the world.  But for homeowners with underwater mortgages in the city, none of that probably matters.  Miami is, by far, one of the most expensive cities in Florida – homeowners with [...]

If you’re an underwater homeowner in Tampa, FL who has been turned down for government refinance assistance in the past, take note, because there may be help coming on the horizon.  Being referred to as HARP 3 by the home owning masses, a new plan is being discussed that would extend many of the benefits [...]

The Federal Housing Finance Agency has announced that the Home Affordable Refinance Program (HARP), which has helped over 2 million homeowners whose mortgages are underwater to refinance into lower payment and interest rates, will be extended by a period of two years.  Before the announcement, HARP was slated to expire on December 31st, 2013.  As [...]

Refinancing a mortgage is one of the best ways for St. Pete, Florida homeowners to save big money on their monthly mortgage payments and on the total amount that they end up paying by the time the mortgage is paid off.  A refinance mortgage replaces a current mortgage by issuing a new loan to pay [...]

The HARP refinance program was launched in 2009 as the administration’s effort to stimulate the economy by helping underwater homeowners get a timely refinance. The initial version of HARP helped a lot of homeowners. However, due to relatively restrictive guidelines a huge number of borrowers were still left out. So the government pushed the re-launch [...]

Homeowners with equity can look forward to enjoying the same benefits that upside-down homeowners are currently enjoying under the present version of the HARP refinance program. A bill to expand Saint Pete, Florida HARP to homeowners with equity is being reintroduced by two U.S. Senators. The bill aims to expand the Saint Pete, Florida HARP [...]

Tampa, Florida Mortgage lending is incredibly tough nowadays. Everyone involved is extra-cautious about lending, Banks are more careful, borrowers are more careful, and there is more federal regulation than there’s been in decades. The obstacles to getting a  loan approval nowadays are many. Income, Equity, Credit It’s not too difficult to get your loan approval, [...]

More talks of a HARP 3/ #MYREFI program is taking place and the talks are growing louder. It’s rumored that the program was made in January this year and it was conceptually introduced in the president’s State of the Union address. Since that time of introduction in January, the idea of allowing all otherwise qualified, [...]

This year on Florida’s ballot, a constitutional amendment called Amendment 4 is on it. This Amendment is a proposal to lower property taxes for new homebuyers. It also offers a healthy new exemption for first-time homebuyers which can then stimulate economic growth in the housing market. Working families, small businesses and homeowners will gain protection [...]