The HARP Deal 2.0 – Do These Loans Actually Close?

The HARP Deal 2.0 – The answer is YES!  We are closing Fannie Mae eligible HARP Deal 2.0 refinances.  Here are just a couple of the successful scenarios we have closed, IN-HOUSE, just within the last week alone:

  • Condo with an appraisal, Loan to value 148%, refinanced from a 30 year term to a 20 year term AND reduced payments
  • Detached SFR with the appraisal waiver, Loan to value 140%, refinanced from a 30 year term to a 15 year term, payments stayed about the same but the loan will be paid off 12 years sooner
  • Detached SFR with the appraisal waiver, investment property, Loan to value 121%, refinanced to a lower rate 30 year term and increased cash flow on the property by over $500 per month

The Lending Company closed these Fannie Mae eligible HARP Deal 2.0 refinances all under 30 days.  Remember, you do not have to refinance your HARP 2.0 eligible loan with your current lender.  We are a DIRECT SELLER to Fannie Mae and do not have to broker out your loan like so many others.

As one of the HARP Deal 2.0 clients from above stated, “I haven’t been able to refinance my home in over 5 years.  I am so happy that I was able to refinance with The Lending Company. 

My servicing lender said it was going to take 90 days, but my loan closed in just over 3 weeks with The Lending Company and I am now saving over $500 per month.

Remember, there had been a lot of pent up demand for the HARP Deal 2.0 refinance, which means that the processing time with most lenders is longer than a “regular” refinance.  Not with us.  We can refinance your Fannie Mae eligible HARP 2.0 loan in under 30 days.

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

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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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