Best Mortgage Program In US History To End

 

The final days of the shockingly generous government refinance program called HARP are upon us. Cue the sad harp music. HARP (Home Affordable Refinance Program) is a refinancing program launched by the US government under the Obama administration. It was established amidst the Great Recession, offering wise homeowners lucrative access to lower interest rates or reduced payments. But as they say, all good things must come to an end. For this very good thing, that time is coming in December 2018.

The Best Refinance Opportunity of This Decade

To put this opportunity into perspective we compared HARP savings to the savings of a 401k. The maximum 401k contribution in 2017 is $18,000 per year for participants that are under 50 years of age. For the average American1 the $18,0002 investment could yield a savings of $2,430 in tax savings. The HARP program saves the average American $2,400 per year but ends in December of 2018 so it’s essential to take action now.

Only Mortgages Under $625,000 Qualify

HARP was created with America’s middle class in mind. As such, your five-million-dollar mansion in the Hamptons isn’t going to qualify. But if your mortgage is under $625,000, you could be on your way to major savings. Find out if you qualify in minutes through a trusted company like LendingTree.

Apply Immediately Before Time Runs Out

There’s no other way to say it: the clock is ticking. Here’s what you need to do now to throw your hat in the money-saving HARP ring:

Step 1. Select your state by clicking on the map below.

Step 2. Answer a few questions to receive competitive quotes from multiple lenders through the LendingTree platform.


Comments are closed.