Published on May 4th, 2019
Could the “New Harp” be The Greatest Mortgage Reduction Program In History?
(Washington, D.C.) - Congress has replaced HARP, which helped over 3.3 million Americans reduce their mortgage payment, with a number of new programs including the Freddie Mac Enhanced Relief Refinance (FMERR) initiative, but the banks have been keeping this a secret!
When homeowners visit the FMERR Qualification Website, they may be surprised to find out they qualify for a plan that offers them shockingly low-interest rates and reduced mortgage payments. These new initiatives replace HARP, the Obama-era mortgage relief program, and can help middle-class Americans reduce their monthly payments by as much as $3,120 each year* .
If you owe less than $625,000 on your home you may qualify for Freddie Mac’s Enhanced Relief Refinance option. It’s hard to believe this program exists but after HARP helped more than 3.3 million U.S. households to refinance the government knew they had to step in with a replacement. This new program, or one of several other conventional refinance programs still could help hundreds of thousands – if only more homeowners would apply.
Take This 60-Second Quiz To Check If You Qualify For the “New HARP”
While the government has not announced an expiration date, who knows if this “beta” program will last past 2019. So, homeowners are urged to TAKE ADVANTAGE NOW.
So if lowering your payments, paying off your mortgage faster, and even taking some cash out would help you, it is vital you act now.
Many homeowners could still be eligible for a government refinance program that can save them on average $3,120 each year. Remember, there are many government refinance programs and there’s absolutely NO COST to see if you are eligible.
Want To See How Much You Can Save? Here’s How You Do It:
Step 1: Select your age below
Step 2: Take the HARP Replacement Quiz
Step 3: Instantly see if you qualify and start saving!
Select Your Age: