If your home’s value is preventing you from refinancing into a record low rate, the HARP program is the answer to a more affordable, lower monthly payment.

How Does it Work?

The HARP program was designed for homeowners facing falling home values to refinance into a more affordable monthly payment and better their position. Qualifying for this program is easier than other loan programs because:

• You can refinance up to 125% of your home’s value
• Lower credit scores are OK
• Less income documentation is required
• Second homes and investment properties qualifystrong>
• Less income documentation is required
• An appraisal may not be required!

Who’s it for?

This program is specifically for Fannie Mae loan holders who want to refinance into a lower payment, and owe more than their homes appraised value (a Shore Mortgage Loan Officer can help you determine if you have a Fannie Mae loan). HARP is especially ideal for homeowners who want to take advantage of historically low interest rates and save thousands and/or years over the term of their loan.

If your home’s value has prevented you from refinancing in the past and you want to lower your monthly payment, talk to a Shore Mortgage Loan Officer to find out how much you can save!

Find out how much lower your payment can be. Call 855-SHORE-55 NOW!