HARP 2.0 Refinance Checklist for Lenders | Guild Mortgage | Seattle Mortgage Guy
By Tom Jarzynka
(Axia Home Loans & Real Estate Investment Firm)
HARP 2.0 Refinance Checklist for Lenders | Guild Mortgage | Seattle Mortgage Guy Below is a general checklist for mortgage professionals out there when thinking through the new HARP 2.0 program. Of course, based on the roll out of this program, obviously things can change, but this is a good starter checklist: 1. Check if Fannie or Freddie loan: WhereIsMyLoan? This website is a very good and direct from the government on what all programs are available, HARP being one of them. 2. Once you find out Fannie or Freddie, run it through the appropriate AUS system and make sure to select the HARP program through the system you run. For those who still don't know, Fannie Mae is DO/DU and Freddie is LP. 3. Receive approved findings WITH an appraisal waiver for 'unlimited LTV.' Fannie Mae will b...
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