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. If your mortgage is owned or guaranteed by either Freddie Mac or Fannie Mae, you may be eligible to refinance your mortgage under the enhanced and expanded provisions of HARP.
Take the First Steps
Follow the steps below to determine whether you’re eligible to refinance your mortgage under the new HARP program and enjoy the benefits of a more affordable mortgage.
Determine whether your mortgage is on file with Freddie Mac or Fannie Mae. To check, complete the short online forms on their websites:
You may also call 1-800-FREDDIE or 1-800-7Fannie.
If you can answer “true” to the following questions, you may be eligible to refinance your mortgage under the HARP program.
True or False: I have verified that my loan is owned by Fannie Mae or Freddie Mac
True or False: I have made all of my mortgage payments on time in the past 6 months
True or False: My mortgage has not been previously refinanced under the HARP Program
If you have questions or problems a great resource is the Washington Homeownership Resource Center at http://www.homeownership-wa.org/.