Many people are confused about the new HARP 2.0 loan program that is being rolled out. What is it and why does it make sense? Tom Fischer, Financial Planner interviews Joe Herrell about the program in this informative video.
The HARP program is part of the Obama Making Homes Affordable program. This program is most beneficial for individuals who are in distressed financial situations. In order to qualify for the HARP program, your home must be a Fannie Mae or Freddie Mac owned loan. If you are not sure if you have either one, Joe Herrell will help you look this up and assist you if you qualify for the program.
Advantages of the program include substantial refinance options for those who qualify. This financial planning lowers overhead costs for those having troubles paying their mortgage payments by making it more affordable.
HARP 2.0 improves on the original program and comes out this March but anyone can determine if they qualify. You may qualify and this can make a huge impact on your monthly mortgage payments. Joe Herrell will take a look at your mortgage and assess it for the program. He can be contacted at 623-252-0612 or [email protected].
Please take the time to watch the video for a quick overall view of the program and how it makes financial sense to utilize it.
For more information about Tom Fischer and Financial Planning, read the About Us section and contact him by phone or email to assist you.
Both Joe and Tom work out of the Scottsdale office of the Nova Group. Joe Herrell is part of the Nova Home Loans Group and Tom Fischer is an Industry leader heading up the financial planning for the Nova Financial division. Both have qualifications to help you save money where it’s needed and get you into a more comfortable financial plan for the now and in the future.