Saturday, March 2, 2024 

HARP Loan for Underwater Mortgages
If you owe more on your mortgage than your home's value, you may have options under the HARP.

Freddie Mac and Fannie Mae have adopted changes to the Home Affordable Refinance Program (HARP), and you may be eligible to take advantage of these changes.

·        Simple Refi Loan Process
·        Above 125% Loan to Value Now OK!
·        Less Restrictive Qualifying Requirements
·        All Occupancies & Property Types

What Is The HARP Program?

Recent updates to HARP 2.0 went into effect in early 2012 that expanded the HARP refinance program's guidelines to reach Portland, Oregon and Vancouver, Washington homeowners who owe more than 125% of their property's value.

Fannie Mae and Freddie Mac have over 4 million loans that fit that criteria. Removing the road blocks many of these homeowners have faced in the past will make it easier for millions of people to save money on their monthly mortgage payments, as well as refinancing into a more stable loan.

If this is a loan you need to take advantage of: Start Your Loan Application or Contact Me to discuss it.
Borrowers with FHA and VA loans may be eligible for an underwater mortgage refinance as well. Contact me to find out what the most recent loan options are for an FHA streamline refinance or a VA streamline refinance home loan.

The HARP 3.0 program is still being discussed in Congress. Check the latest news regarding HARP 3.0.

Free Consultation

Complete the form below for a no-obligation loan Consultation. Please note that fields marked with an asterisk are required.

Matt Peebles, (360) 606-6100

Mortgage Lender, Licensed in WA and OR NMLS # 42418
12000 SE Mill Plain Blvd. Suite 103 Vancouver, WA 98684, branch NMLS # 81535

Licensed under the Oregon Consumer Finance Act

Mortgage Pro, A division of American Pacific Mortgage Corporation, NMLS # 1850
Equal Housing Opportunity


©2020 American Pacific Mortgage Corporation. All information contained herein is for informational purposes only and, while every effort has been made to ensure accuracy, no guarantee is expressed or implied. Any programs shown do not demonstrate all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions apply. Equal Housing Opportunity. This is not a commitment to lend. Subject to qualification. Rates and terms are subject to change without notice.| For questions or concerns, please email:



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