Arizona Update on HARP 2 program
Update regarding the Arizona HARP version 2 program (we’re calling it the HARP-2)
Click here to read about the details on the HARP-2 program
HARP-2 has been available since Decemeber 1st 2011, but only at 10% capacity. The most anticipated feature, which is the ‘no-appraisal required/no max loan to value’ is still not yet available. At this time, we still need appraisals on everything if the loan to value is less than 125%. We are being told by Fannie Mae and Freddie Mac that the full features of HARP-2 will be available March 17th 2012.
Go to http://www.fanniemae.com/loanlookup/to see if Fannie Mae owns your note. Go to https://www.freddiemac.com/corporate/ to see if Freddie Mac owns your note.
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January 9, 2012 by Eddie Knoell · Leave a Comment
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