Jeff Hansen & Arvin Paredes

408-657-9837

Downtown San Jose Condo & Townhouse Living

Obama’s “New” H.A.R.P.

Update on the New Refinance Plan – Will it work for You?  Plus Rate update.

Fannie and Freddie

You may have heard that the Obama administration has passed a plan to help more people refinance their mortgages that were unable to before.  Just in the past 24 hours, I’ve heard various news sources and people in the business who have inaccurate or incomplete data on this. Today I met with the lenders I work with often, who gave me the breakdown on what exactly the new provisions mean.  Here is the link with their notes for you:  H.A.R.P.

Bottom line is this will help marginally more people – it’s still a limited pool. Contact me for more details and don’t forget to subscribe!

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