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 loan officers 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 loan officer?
Talking to a licensed loan officer is an important step to getting the right
mortgage loan. Everybody has different loan needs and a licensed loan officer 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 licensed loan officer 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.
loanDepot’s easy-to-use calculator puts you in charge of estimating your mortgage payment.