Every time I hear Harp 2.0 I think of Tosh 2.0.

Every time I hear Harp 2.0 I think of Tosh 2.0.  But Harps (Home affordable refinance program) content is no laughing matter.  There are a lot of borrowers that are hurting and that need to lower their mortgage payments to be able to keep there home and American dream alive.  Luckily Harp was re-instated and will continue through December 31, 2013.  In addition there are new guidelines that include the removal of Loan-to-value limitations.  The current LTV for HARP is set at 125%.  Easier qualifications to lower mortgage payments with no appraisal and limited proof of income.

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