Lastest Home Affordable Refinance Program Existing Lender News

Posted on Sep 4, 2012 in Unique Loan Programs

Question by Dave P: Is it possible get a FHA mortgage with a lower rate than the FHA rate of the day without points?

Best answer:

Answer by A D
That would be a neat trick if you can do that.

I imagine you could beat the rate of an FHA fixed rate if you use an FHA ARM.

Know better? Leave your own answer in the comments!

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Mortgage Rates: Low Mortgage Rates Stable as Pending Home Sales Gain
However, more about lenders have overlays some borrowers from obtaining HARP, check even though they are entitled and qualified limited. All borrowers continue to seek a refinancing through HARP, even if they have received a denial. Help to borrowers with …
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BofA Trails JPMorgan on Refinancings Under US Deal
The lender, doctor overwhelmed in February by demand underneath an earlier federal refinancing program, could also forego incentives for early completions and face penalties if it doesn&#39t assist most borrowers inside two years underneath the U.S. settlement. … 2 filing …
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Tower FCU: New Avenue for Mortgage Loans Through HARP two.
The federal government&#39s House Affordable Refinance System is offering at least a single credit union with an avenue to make new mortgage loans. The 126,000-member Tower Federal Credit Union in Laurel, Md., has handled $ 70 million in HARP loan …
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