The Federal Housing Finance Agency (FHFA) directed Fannie Mae (FNMA) and Freddie Mac (FHLMC) to extend the Home Affordable Refinance Program (HARP) to December 31, 2015. This is a 2 year extension, as HARP was set to expire at the end of 2013.
Ohio homeowners that meet the following criteria may be eligible for a Ohio HARP Refinance:
- Current mortgage is securitized by Fannie Mae or Freddie Mac. That does not mean that you send your payment to Fannie Mae or Freddie Mac. Check the following two links to see if Fannie Mae or Freddie Mac have securitized your mortgage:
- Ohio Fannie Mae Loan Lookup
- Ohio Freddie Mac Loan Lookup
- Current mortgage was securitized by Fannie Mae or Freddie Mac prior to May 31, 2009
- Cannot have refinanced the property under HARP previously
- Must be current on the mortgage with a good payment history over the past 12 months
- Must be above 80% loan to value
Click here for an Ohio HARP rate quote
Some of the benefits of the program can be found in my earlier article Benefits of HARP 2.0 Refinance and you can read further about the program in this article, Ohio HARP 2.0 Refinance – Update
Over 2 million homeowners have already refinanced with the HARP program, and many more will surely be able to take advantage of a Ohio HARP Refinance before the program expires.
Complete this simple, free, Ohio Mortgage Rate Quote form to see how much you can save
