Harp 2.0


Home Affordable Refinance Program (HARP 2.0)

HARP was created by the Federal Housing Finance Agency to help homeowners who are current on their mortgage payments, but owe as much or more than what their homes are currently worth, refinance to lower rates. Benefits include lowering your monthly payment through interest rate reduction or shortening the loan term so you pay less interest to the bank over time. You may qualify for HARP if:

  • You are current on the mortgage payments
  • You possess a loan owned or backed by Fannie Mae or Freddie Mac
  • You have a mortgage that is upside down, or a loan-to-value ratio greater than 80%
  • Your home is your primary residence, secondary home, or investment property
  • Your mortgage was originated on or before May 31st, 2009


Working With A Qualified Lender

At Long Beach Home Loan Corp. we are committed to providing our clients with best refinance options and rates. If you are thinking about refinancing your current loan, we can help! Contact me, Jack Skovgard (562-340-9453), for any questions you may have regarding your options for refinancing.