HARP (Home Affordable Refinance Program)

not behind on payments, but have been unable to refinance

HARP (Home Affordable Refinance Program) is designed to help you get a new, more affordable, more stable mortgage. If you’re not behind on your mortgage payments but have been unable to get traditional refinancing because the value of your home has declined, you may be eligible to refinance through the Home Affordable Refinance Program (HARP).

You may be eligible for HARP if you meet all of the following criteria:

  • The mortgage must be owned or guaranteed by Freddie Mac or Fannie Mae.
  • The mortgage must have been sold to Fannie Mae or Freddie Mac on or before May 31, 2009.
  • The mortgage cannot have been refinanced under HARP previously unless it is a Fannie Mae loan that was refinanced under HARP from March-May, 2009.
  • The current loan-to-value (LTV) ratio must be greater than 80%.
  • The borrower must be current on the mortgage at the time of the refinance, with a good payment history in the past 12 months.

More Programs


FHA Mortgages

minimal lowest paymets

FHA Mortgages are provided by an FHA approved lender and backed by the Federal Housing Administration. An FHA mortgage can be an attractive option for first-time homebuyers, those seeking a smaller down payment option or homeowners who have experienced past credit issues. Typically, FHA mortgages allow for a lower percent down payment and offer numerous credit and guideline enhancements extending home-ownership beyond conventional lending guidelines.


  • 1-4 Family Financing
  • 3.5% down payment required — and the down payment can be from a qualified gift
  • Allows a non-occupant family member to co-sign (single-family homes only)
  • Flexible underwriting
  • Roll in non-structural rehab work for purchases and refinances up to $35,000
  • Do not have to be first time homebuyers
  • No income limits
  • Federal mortgage insurance is usually much less expensive than private mortgage insurance (PMI)
  • Property condition standards are much more relaxed than they used to be
  • Cash-out refinancing up to 85% loan-to-value
  • 30- and 15-year fixed and 3/1 and 5/1 ARMs available
  • No reserve requirements for one- and two-unit properties



More Programs


HUD Loans

poor credit and no down payment

HUD Loans help low-income families to enjoy homeownership. The Department of Housing and Urban Development (HUD) promotes homeownership among families in all income brackets. As a part of its core mission, HUD insures mortgage loans for families with poor credit or financial struggles, giving mortgage lenders an incentive to extend loans to borrowers with high default risks. As a type of subprime mortgage loan, HUD loans carry a unique set of advantages and disadvantages to borrowers, lenders, the government and society as a whole.

More Programs


VA loans

military veterans with minimal down payment

VA loans were designed to offer long-term financing to eligible American veterans or their surviving spouses (provided they do not remarry). The basic intention of the VA direct home loan program is to supply home financing to eligible veterans in areas where private financing is not generally available and to help veterans purchase properties with no down payment. Eligible areas are designated by the VA as housing credit shortage areas and are generally rural areas and small cities and towns not near metropolitan or commuting areas of large cities.

DD Form 214

Your DD-214 is your proof of military service. It shows the nature of your discharge, dates of service, and current classification (retired, separated, Guard or Reserve status). The DD-214 is one of the most important documents you’ll get when you leave military service. You’ll need it to claim military benefits including VA loans, the GI Bill, and medical services provided by the VA.

Certificate of Eligibility

Before you get a VA loan, you will need a VA Certificate of Eligibility. It will establish that you meet the necessary guidelines to take advantage of your hard-earned VA loans benefits. If you are a military veteran, we will be help you get this document. Fill out our request form and we will send a blank VA Form 26-1880 (Request for a Certificate of Eligibility) to you by mail or email.

More Programs


FHA’s Reverse Mortgage program

retirement age 62 and no longer want a monthly payment

The Home Equity Conversion Mortgage (HECM) is FHA’s Reverse Mortgage program. It is a special type of home loan that lets you convert a portion of the equity in your home into cash. The equity that you built up over years of making mortgage payments can be paid to you. However, unlike a traditional home equity loan or second mortgage, borrowers do not have repay the loan until the borrowers no longer use the home as their principal residence or fail to meet the obligations of the mortgage.

To be eligible, the FHA requires that you be a homeowner 62 years of age or older, own your home outright, or have a low mortgage balance that can be paid off at closing with proceeds from the reverse loan, have the financial resources to pay ongoing property charges including taxes and insurance, and you must live in the home.

More Programs