Is HARP 2.0 from Nationstar Mortgage a scam?

Posted on Feb 21, 2013 in HARP Refinance

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Best answer:

Answer by Alex
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Add your own answer in the comments!
Question by Isi40: Is HARP 2.0 from Nationstar Mortgage a scam?
Nationstar Mortage has sent me some program called HARP 2.0 and i was wondering if its a scam because im not sure whether it is a scam or not has anyone had any experience with this or not?
how much does a bank cost to refinance because Nationstar is charging me 6, pills 000 dollars and the bank’s interest (APR) is 5.0%

Best answer:

Answer by Go with the flow
Start throwing junk mail away.
This company has more complaints than a pay day loan place.
Just google them by the word complaint, information pills scam, rip-off.

Your bank is required to re-finance you if you qualify.
There are regulations in place.

Know better? Leave your own answer in the comments!

One Comment

  1. Harp 2.0 is not a scam but a government program that can allow people to refinance their mortgages even if they owe more than what it is worth. In addition, Northstar is an authorized Harp 2.0 lender. So No, it isn’t a scam. Advise, don’t pay any money up-front. Pay when the refi is done and recorded.

    The question is what interest rate do you have now and how much do you owe. That would how to say if this is a good deal or not.