With the Federal Government recent changes to the Home Affordable Refinance Program (HARP) to assist more people refinance into a lower interest rate, it’s unfortunate many mortgage lenders in Texas choose NOT to offer the new HARP refinance DU Refi Plus or the Relief Refinance-Open Access loan program.
Approved HARP 2 Mortgage Lender & Broker in Texas
We are an approved HARP 2 lender in Texas, committed to serve those who’ve not been able to refinance into a lower interest rate loan because they lost much of their home equity or are upside down/underwater on their mortgage.
Being both an approved HARP direct lender and a licensed mortgage specialist, HGF has the flexibility to offer both the DU Refi Plus refinance as well as the Relief Refinance – Open Access loan program to homeowners across all of Texas who’s mortgage may be severely upside down or underwater and meet the HARP eligibility guidelines.
Many Lenders Don’t Offer HARP Refinance Loans Get a HARP 2 Refinance Rate Quote ===>
I have been receiving calls from people all over Texas who say they spoke to their current servicer / mortgage lender and were told they don’t qualify, even though they seem to meet all the eligibility requirements. Why would that be?
Well, there could be many reasons. What is the incentive for your current lender to voluntarily help you lower your interest rate on an underwater mortgage?
If your current lender is earning 5.5% to 6.5% on you now, how will they make more money from you by refinancing you into a rate between 3.0% to 4.25%?
The ‘too big to fail’ retail banks secretly accepted billions of dollars from the Federal Reserve at 0% interest to pad their bottom line. I don’t think the government is going to give your big bank more money as an incentive to help you refinance using the new HARP2 program.
What Are Your HARP 2 Refinance Loan Options?
Working for an approved HARP 2 mortgage lender who is both a direct lender and Texas mortgage specialist gives you more options and greater flexibility than any one mortgage bank can offer you. Why? Because most direct lender banks just flat out deny you if you don’t fit inside their perfect little box or can’t meet their additional qualifying guidelines that go above and beyond their basic qualifying criteria (called investor overlays).
An approved HARP lender who is a direct lender AND a licensed HARP Texas mortgage specialist can find a ‘niche’ wholesale lender with fewer overlays or find better rates and ‘shop’ your loan to them if needed. This increases your odds of approval and enables me to make sure we find you a lender and loan that offers you the lowest rate and fee loan possible.
Call us, an approved HARP 2 mortgage lender to discuss qualifying and find out how much you can reduce your interest rate and payment.
Chris Marmolejo NMLS #205023
Freddie Marmolejo NMLS# 328534