(Smart Homeowner) – There really has never been a better time then now to refinance your current home mortgage loan…
That’s because of a little-known government program that’s allowing most American homeowners reduce their payments to save an average of $4,130 per year with today’s record low rates. This Plan is called the’ Home Affordable Refinance Plan’® or aka: HARP.
Homeowners need to act quick – there is a catch, currently this government refinance program has an expiration date of December 31, 2015. Like most government programs, this is a temporary program. The good news is, you do still have time and rates are at record lows and projected to rise. The time to act is now if the though of a shortened term on your mortgage or a lower mortgage payment sounds at all appealing to you.
This Could be known as a Middle-Class stimulus package
HARP is a package designed for the middle class but many homeowners are unaware of this. If you’re a homeowner and have a mortgage of $625,500 or less (higher-cost areas the limits may be higher), most likely you would qualify. The Government basically, wants banks to cut your rates, in turn save you the homeowner money (to help out the economy). The banks however aren’t very happy about this stimulus program and here’s the reasons:
- You can shop around for lenders, not just their current mortgage holder
- Your Mortgage LTV or your (Loan-to-Value) could be up 125%
Do you think that banks like this plan? We can bet a pretty penny, they do not. They’d rather keep you at the higher finance rate agreed to years ago. That’s why time is of the essence. For Smart home owners – this is almost a no-brainer to take advantage of this HARP Program and today’s low refinance rates! The Middle Class seems to always miss out (did you cash in on the stock market bubble? Most likely not). Thus, you better jump on this now. Get your competing quotes from the nations top trusted lenders for FREE.
– American homeowner’s average monthly savings is around $250. What could an extra $250 per month do for you?
– Many homeowners don’t only save money every month, but depending on their current mortgage rate, they could shorten their loan term.
This is why the time is now and it’s a no-brainer – you will more then likely lower your monthly payments, or shorten your loans term, AND you could also pull some cash out if you have equity. This is how powerful this program could be for you. This page should be the road to get you started. Don’t miss this opportunity in front of you – it could be your big break.
“Homeowners who don’t obtain multiple mortgage offers or carefully compare rates are essentially leaving money on the table, particularly given today’s unprecedentedly low interest rates,” said Fannie Mae Chief Economist Doug Duncan
But, How do I find these low rates from competing Lenders?
The answer is here – there are a few free mortgage rate comparison sites out there for homeowners that allow them to choose their better offer (that’s a great thing about the ol’ internet – it allows you to save time by receiving competing quotes from multiple lenders tailored specifically to you in a matter of minutes).
Better Offers, is one of the best mortgage refinance rate comparison websites for homeowners, and one of the few companies with a HARP lending network, and they currently assist homeowners just like you to gain access to multiple competing quotes in just minutes.
With Better Offers it is simple, fast and there’s absolutely no obligation. It will only take a few minutes, and is a great way to get your free quote and see what you could save. So you might as find out now, you have nothing to loose.
Hurry… Act now, before rates rise like they are expected too and this Refinance Program goes away for good.