One of the best aspects of the HARP Deal is that it is not just for owner-occupied properties. Eligible properties for the HARP Deal include:
- Primary Residence
- Second Homes
- Non-Owner Occupied
- 1-4 Units
- PUD’s (Planned Unit Developments)
- Manufactured Homes
Even better, Fannie Mae does not limit the number of properties on which a borrower has financing. If the new HARP Deal loan will be on a Primary Residence, Freddie Mac has no limit either. However, Freddie will limit the total number of financed properties to four (4) if the new HARP Deal loan will be on a Second Home or Investment Property.
The Lending Company is currently offering the HARP 2.0 refinance for Fannie Mae eligible loans up to 125% loan to value (LTV) for all occupancy types and up to 150% LTV for a primary residence. We are doing the Freddie Mac eligible HARP 2.0 refinances up to 105% LTV for all property types and up to 150% LTV for a primary residence.
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: kevinkloans.com