HARP Loans

Recent changes let underwater homeowners qualify for today's low mortgage rates

Home Affordable Refinance Program (HARP)

HARP is a federal program to help responsible, underwater and near underwater homeowners refinance their mortgages to a lower rate. Through HARP, homeowners that have loans owned by Fannie Mae or Freddie Mac on or before 5/31/09, and have been current on their mortgage payments, may qualify for HARP refinance rates.

Big Savings with HARP Loans

Savings from HARP refinancing average $355 per month!* We want to help you reduce your payments with low HARP mortgage rates. No equity, no private mortgage insurance, and no credit minimums are required to take advantage of the Home Affordable Refinance Program.

Our Loan Consultant are Experts

loanDepot licensed mortgage bankers will review your unique situation to see if your loan qualifies. Your personal loan consultant will help you every step of the way towards saving money.

Why get a HARP loan?

  • Save hundreds each month*
    Lower your mortgage payments
  • No Equity Required
    Relief for underwater homeowners
  • No Appraisal Needed
    Loan-to-value is not a factor
  • No Minimum Credit Score
    Just be up-to-date on your mortgage payments

Why talk to a loanDepot licensed mortgage banker?

Talking to a licensed mortgage banker is an important step to getting the right mortgage loan. Everybody has different loan needs and a mortgage banker knows which questions to ask in order to best match you with the right loan and monthly payment. Since we have a strict No Steering policy, you can be assured that the loan option suggested to you will fit your needs.

The mortgage banker will also explain all the steps–from getting started, to locking in your low rate, to closing your loan fast, in little as 30 days. Because we are a direct lender, if you have any questions during the loan process, you will have one direct number enabling you to get quick answers straight from the source.