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Helping Individuals Qualify for Refinance with HARP Loans

Unable to qualify for conventional refinancing? Consider applying for the HARP home loan program. HARP, or Home Affordable Refinance Program, is a unique federal government program that allows qualified borrowers with insufficient home equity to refinance at a lower interest rate.

Was your HARP home loan application rejected previously? Primary Residential Mortgage, Inc. encourages you to try again. The removal of the loan-to-value (LTV) limit has allowed many homeowners who were previously not eligible for the home loan to qualify. The clock is ticking, though, as the program ends on December 31, 2018.


Down Payment None
Terms Multiple years, fixed and ARM
Credit Score 620 minimum
Mortgage Insurance Yes
Maximum Loan Limit $417,000*
*Some "high balance" areas have loan limits above the standard level.

The Benefits of HARP Refinancing

If your current home loan is underwater, HARP refinancing can help you stay afloat. It also offers these great benefits:

  • Streamlined Refinance Process – HARP provides a more streamlined application and approval process than conventional refinance programs, as HARP requires less documentation.
  • Lower Closing Costs – The capping of the closing costs makes HARP an attractive option for eligible homeowners.
  • Excellent Agreeable Terms – If your credit score is good, it is possible to obtain a zero-cost refinance with the lowest current interest rate.

Qualifying for the HARP Loan Program

You need to meet these conditions to qualify for HARP:

  • Your current Loan-to-Value ratio should be over 80 percent.
  • The origination date of your loan must be on or before May 31, 2009.
  • Freddie Mac or Fannie Mae must own your loan.
  • Your home should be your primary residence, a one- to four-unit investment property, or a one-unit second home.
  • You are current on your home loan, with no more than one late payment in the last 12 months.

If you qualify, congratulations! As a company that offers HARP home loans, we have specialists who can guide you through the application process.

Contact us today for inquiries.

Start Pursuing the American Dream

If you're ready to take the next step, work with a team that can provide the personal attention you deserve. Our mortgage company has helped over 200,000 borrowers fulfill their dream of home ownership. We'd love to help you too!