The HARP Deal 2.0 Orange County Refi – Do I have to refinance to a 30 year mortgage?

When refinancing a Fannie Mae or Freddie Mac loan under the new HARP 2.0 Program do you have to refi to a full 30 year term? As mentioned in   previous blogs lenders have different Harp 2.0 credit guidelines or overlays within their program; but the simple answer is No. You may use a HARP 2.0 refinance to a lower term to save thousands of dollars at the tail end of the loan.  HARP 2.0 for Orange County CA

Recently we originated a HARP 2.0 loan for a California property owner and it made sense for them to refinance to a 20 year term. They are cutting 6 years off the end of the loan and still lowering their payment. This new HARP 2.0 loan helps with their financial goals and will help them save for retirement.

Orange County California property owners interested in the HARP Deal 2.0, contact Kevin Kueneke with The Lending Company today by calling (760) 500-1919 or inquire online at:


About Kevin Kueneke

I am a Sr. Loan Officer with The Lending Company in San Diego, California. The HARP Deal is a very important part of the housing recovery, and I want to help you take advantage of this great program. View all posts by Kevin Kueneke

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