How is LMI calculated? Mortgage Choice #refinancing #home #mortgage


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How is Lenders Mortgage Insurance (LMI) calculated?

How is LMI calculated?

LMI is calculated as a percent age of the loan amount and your LMI will vary depending on your Loan to Value Ratio (LVR) as well as the amount of money you wish to borrow.

The percentage you’re required to pay increases as the LVR and loan amount increase, and usually goes up in stages.

Lenders Mortgage Insurance costs differ depending on the loan, lender and the LMI provider. The factors that determine the cost of your LMI can also include:

  • Whether your property is owner occupied or not – it is believed that you are less likely to default on a loan if the property is also your residence.
  • If you are self employed or paid as a PAYG employee.
  • Whether or not you have genuine savings.
  • Whether or not you are applying for the First Home Owner Grant (FHOG).

Contact Mortgage Choice today to chat with a home loan expert and find out exactly how much LMI you will need to pay.

Stamp duty and taxes on LMI

Stamp duty and GST are both payable on Lenders Mortgage Insurance and these are generally included in the total quoted price for your LMI. Please note that this stamp duty is different to the stamp duty payable when purchasing a property .

Our expert mortgage brokers will explain and work with you through all of these taxes and fees so you understand how your LMI will impact your home loan .

Talk to us today about your home loan and find out whether you need to pay LMI

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About Mortgage Choice

Established in 1992 by brothers Rod and Peter Higgins, Mortgage Choice was founded with the aim to help Australians improve their financial situation by offering a choice of home loan providers, coupled with the expert advice of a mortgage professional.

Since that time, we have grown and developed into a fully fledged financial services provider, and our founding principle remains very much at the heart of what we do.

Over 20 years of industry experience has taught us that you want advice you can trust and understand, from experts who have your best interest at heart. We now have the ability to deliver this across various financial products, including home loans, financial planning, car loans, personal loans, commercial loans, asset finance, deposit bonds, as well as risk and general insurance.

The information provided in this website is for general education purposes only and does not constitute specialist advice. It should not be relied upon for the purposes of entering into any legal or financial commitments. Specific investment advice should be obtained from a suitably qualified professional before adopting any investment strategy.

*Note: the home loan with the lowest current interest rate is not necessarily the most suitable for your circumstances, you may not qualify for that particular product, and not all products are available in all states and territories.

#The comparison rate provided is based on a loan amount of $150,000 and a term of 25 years. Warning: This Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.

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Veterans Mortgage Life Insurance – Life Insurance #home #mortgage #calculator #with #taxes #and #insurance


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Attention A T users. To access the menus on this page please perform the following steps. 1. Please switch auto forms mode to off. 2. Hit enter to expand a main menu option (Health, Benefits, etc). 3. To enter and activate the submenu links, hit the down arrow. You will now be able to tab or arrow up or down through the submenu options to access/activate the submenu links.

Life Insurance

Veterans’ Mortgage Life Insurance

Veterans’ Mortgage Life Insurance (VMLI) is mortgage protection insurance that can help families of severely disabled Servicemembers or Veterans pay off the home mortgage in the event of their death.

Eligibility

VMLI is only available to Servicemembers and Veterans with severe service-connected disabilities who:

  • Received Specially Adapted Housing (SAH) grant to help build, remodel, or purchase a home, AND
  • Have the title to the home, AND
  • Have a mortgage on the home

Veterans must apply for VMLI before their 70th birthday.

Benefits

VMLI provides up to $200,000 mortgage life insurance and is payable only to the mortgage holder (i.e. a bank or mortgage lender), not to a beneficiary. The amount of coverage will equal the amount of the mortgage still owed, but the maximum can never exceed $200,000. VMLI is decreasing term insurance which reduces as the mortgage balance declines. VMLI has no loan or cash values and does not pay dividends.

Cost/Rates

To determine your VMLI premium amount consult the VMLI Premium Calculator.

Applying for VMLI

Servicemembers or Veterans who receive a grant for the purchase of Specially Adapted Housing are advised by Loan Guaranty personnel at their interview of their eligibility for VMLI to cover the unpaid mortgage on their home.

The Specially Adapted Housing Agent will help the Servicemember or Veteran complete VA Form 29-8636, Application for Veterans’ Mortgage Life Insurance. If a Servicemember or Veteran does not apply for VMLI coverage at that time, VA will send a letter informing them that they are eligible for such coverage. In addition to completing VA Form 29-8636. the Servicemember or Veteran must provide information about their current mortgage.


How to Get a Mortgage Loan With Poor Credit #mortgage


#poor credit mortgage

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How to Get a Mortgage Loan With Poor Credit

With a little help, borrowers with poor credit may still be able to get a home loan.

Having poor credit should not deter you from seeking a mortgage loan. In fact, some government programs exist to help distressed homeowners keep their property or enable poor-credit borrowers to buy a home. Even without the help of the federal government, borrowers with poor credit can take steps to increase their chances of home loan approval.

1

Obtain a copy of your credit report and dispute any false information. According to the Fair Credit Reporting Act (FCRA), everyone has the right to obtain a free annual copy of his credit report from the three major credit bureaus, Equifax, Experian and TransUnion. In addition, the FCRA allows you to dispute and request the removal of false information. While this process may affect your credit rating minimally, it can be an important step in rebuilding your credit rating and obtaining new credit lines.

2

Collect and submit all relevant information regarding income and financial status. Having poor credit may be a result of a one-time extenuating circumstance such as job loss, death or divorce. In the time following this financial pitfall, you may have recovered by saving and acquiring valuable assets, or found a new job. Submit all evidence regarding your newfound financial strength to your lender, including recent pay stubs, W-2s, tax returns and a financial worksheet that summarizes income and expenses, as well as assets and liabilities. This paperwork may help you negotiate better loan terms with your lender and increase your chances of approval.

3

Get a cosigner on the loan. A cosigner must be a close friend or relative with good credit and a sufficient financial cushion. A cosigner may help your chances for loan approval and may even help you obtain better terms. However, note that a cosigner will be held accountable for the mortgage should you default on your mortgage, and the impact on credit and even taxes will be applied to you both.

4

Apply for an FHA-insured loan provided by an FHA-approved lender. Because of the government guarantee, FHA loans allow lenders to serve clients who are otherwise considered “high-risk” because of an adverse credit event such as a foreclosure or bankruptcy. FHA loans do not follow the same strict Fannie Mae and Freddie Mac underwriting guidelines used by conventional mortgage lenders. Furthermore, FHA loans require a smaller down payment than conventional loans (about 3.5 percent versus 20 percent), and the funds can be borrowed or given as a gift or grant by a relative or nonprofit.

Tip

  • FHA loans with a minimum 3.5 percent down payment require a borrower to have a credit score of at least 580. Down payments rise to at least 10 percent for borrowers with scores under 580.

Globe Life Official Site: Buy up to $350, 000 Mortgage Protection Insurance #exclusive #mortgage #leads


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Mortgage Protection Insurance

If you are a home owner, it is important to do all you can to protect your home and your family if an accidental death prevents you from paying your mortgage. Mortgage Protection Insurance from Globe Life is an accidental death and dismemberment insurance policy that gives your family security in their home for just a fraction of your monthly mortgage payment.

Don t Put Your Home At Risk

  • Choose your Mortgage Protection accidental death insurance coverage from $50,000 to $350,000.
  • Acceptance is guaranteed, regardless of health if you are between the ages of 18 and 69.
  • No health questions or medical exams.
  • The affordable monthly premiums will never increase for any reason.
  • Rates as low as $5.50 per month.

Your Mortgage Protection Insurance Also Includes These Additional Guaranteed Benefits At NO EXTRA COST

  • Inflation Benefit
    For every year the Policy remains continuously in force, primary insured s Principal Benefit will automatically be increased by 5% of the Initial Principal Benefit until the Principal Benefit is equal to 125% of the Initial Principal Benefit, or the primary insured turns age 70, whichever is earlier.
  • Education Benefit
    Upon the accidental death of the primary insured, pays an additional 10% of the death benefit for each dependent child who, on the date of the accident, is between the ages of 15 and 22. Available only on the Family Plan and limited to $10,000.
  • Seat Belt Benefit
    Pays 10% of the insured s Principal Benefit if the insured suffers an accidental death while operating or riding in a car and wearing a seat belt.
  • Common Disaster Benefit
    Pays 10% of the insured s Principal Benefit if the insured suffers an accidental death while operating or riding in a car and wearing a seat belt.
  • Dismemberment Benefit
    Pays for loss of a hand, foot or eye subject to a table of losses.
  • Paralysis Benefit
    Covers quadriplegia, paraplegia and hemiplegia subject to a table of losses.
  • Commercially Scheduled Airline Benefit
    Pays an additional benefit amount equal to the insured s Principal Benefit for each insured at the time of death from accidental bodily injury received as a fare-paying passenger on a commercially scheduled airline.

No-Risk 30-Day Money-Back Guarantee

Globe Life guarantees your satisfaction with a no-risk 30-day money-back guarantee. If you are not completely satisfied, simply return your policy within the first 30 days for a full refund without further obligation.

Insurance Selections

About Us

  • About Globe Life
  • Jobs
  • Contact Us

*$1 pays for the first month of children s coverage. Then the rate is based on your child s present age and is guaranteed to stay the same for the rest of their life. Policy Form # GWL20001 or GWLA001
*$1 pays for the first month s adult coverage. Then the rate schedule is based on your current age and is guaranteed for the life of the policy. Policy Form # SRTCV/SRTCV13 **A.M. Best Company rating as of 6/16. For the latest rating, access www.ambest.com.

Globe Life has been protecting America s families since 1951

Globe Life continues to receive an A+ (Superior)** rating
from A.M. Best Company (rating as of 6/16)

GMADW08 2005-2016 Globe Life And Accident Insurance Company, Oklahoma City, OK All Rights Reserved.
Licensed in the United States CA Certificate Authority #4140


PMI – What is Private Mortgage Insurance? #bankrate #mortgage #calculator


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Private Mortgage Insurance – What is PMI?

Private Mortgage Insurance – What is PMI?

What is PMI?

PMI, also known as private mortgage insurance, is a type of mortgage insurance from private insurance companies used with conventional loans. Similar to other kinds of mortgage insurance policies, PMI protects the lender if you stop making payments on your home loan. PMI can be arranged by the lender and provided by private insurance companies.

If you are required to pay private mortgage insurance, it typically makes up a portion of your monthly mortgage payment, in addition to your principal, interest, property tax, and homeowners insurance. Similar to interest, property tax, and homeowners insurance, payment of your PMI does not build equity in your home.

8 FAQs about PMI

Mortgage lenders make many borrowers who don t have 20% to put down on a home purchase private mortgage insurance (PMI) to protect the lender if the borrower is unable to pay the mortgage. In other words, PMI guarantees your lender will get paid if you are unable to pay your mortgage payments and you default on your loan. For the borrower, it has a benefit, too: Getting private mortgage insurance allows you to purchase a home before you have the full 20 percent of the home s value saved up for a down payment.

Here s a primer on what you need to know about private mortgage insurance:

1. What are the different types of PMI?

In general, there are two types of mortgage insurance: mortgage insurance bought from the government, designed for those with FHA loans (this is called mortgage insurance premiums or MIP) or private mortgage insurance for conventional loans which is bought from the private sector (this is called private mortgage insurance or PMI). MIP for FHA and VA loans is run differently and managed internally than private mortgage insurance, and they have their own set of rules.

Basically, the type of mortgage insurance required will depend on the type of mortgage loan you get.

2. Who is required to have PMI?

Typically on a conventional loan, if your down payment is less than 20 percent of the value of the home, lenders will require you to carry private mortgage insurance. Usually, you pay those mortgage insurance premiums until you have enough equity in your home to have a loan-to-value ratio (LTV) this is simply the amount of money you borrowed divided by the value of the property you bought of 80 percent.

For example, let s say you bought a home with a value of $100,000 and put a down payment of 10%, or $10,000, and got a $90,000 loan to pay the rest. Your LTV in this case would be $90,000 divided by $100,000, or 90 percent. The longer you pay down your mortgage, the lower your loan-to-value (LTV) will become. On government loans, mortgage insurance is normally required regardless of the LTV.

Need to talk to a lender? Find one on Zillow

3. How much does mortgage insurance cost?

Conventional mortgage insurance rates vary usually, the lower your down payment and/or the lower your credit score, the higher the premiums. The rate you receive for your private mortgage insurance will depend on your credit score, the amount of money you have for your down payment, and insurer. But typically the premiums for private mortgage insurance can range from $30-70 per month for every $100,000 borrowed. So, if you bought a home with a value of $300,000, you might pay about $150 per month for private mortgage insurance.

On FHA loans. there is an up-front MIP (mortgage insurance premium) and annual premium which is collected monthly.

4. When do I pay PMI premiums?

When you are required to pay your private mortgage insurance premium depends on your specific loan policy. But typically, paying your mortgage insurance premiums monthly happens right along with your mortgage payment for your current loan (you can just send one payment to the lender). Lenders may also have a policy that allows you to pay your PMI on a lump sum basis either in cash at closing or finance the premium in your loan amount.

5. Why do I need a PMI policy?

Private mortgage insurance minimizes the risk for lenders to offer loans to borrowers who don t have a 20% down payment and therefore have less equity in their homes once they are purchased. This equity would help pay the loan balance in the event you default and go into foreclosure.

Your lender requires you to have private mortgage insurance so that if you can no longer make payments on your home, the lender will still get paid (through the private insurance policy). PMI basically safeguards the lender in the event of borrower default. It does not protect you, the borrower, if you fall behind on your mortgage payment. If you fall behind on your payments, your credit score could suffer or you could lose your home through foreclosure.

6. How long do I need to have mortgage insurance?

You are typically required to pay a private mortgage insurance premium on a conventional loan for as many months or years it takes to build enough equity in your home to equal 20 percent of your home s value and have a loan-to-value ratio of 80 percent. For many homeowners with FHA loans, a mortgage insurance premium (MIP) is required for the life of the loan policy, which is up to 30 years. Again, MIP for an FHA loan is different than PMI on a conventional loan. Contact your lender if you have questions about the mortgage insurance premium on your FHA loan.

7. Can I avoid paying for mortgage insurance?

Typically, if you put down 20 percent or more when you buy a home, you can typically avoid paying for private mortgage insurance on a conventional loan (not an FHA loan). Otherwise, there are a few loan options that do not require mortgage insurance:

  • In 2016, Bank of America launched a partnership with Self-Help Ventures Fund and Freddie Mac for a new mortgage product called the Affordable Loan Solution mortgage. It s a conforming loan for low- and moderate-income home buyers that allows a down payment of 3% and does not require mortgage insurance.
  • Qualified veterans can apply for a VA loan that allows up to 100 percent financing (that s a $0 down payment) and does not require mortgage insurance. They may only require an upfront funding fee that certain veterans may be exempt from.
  • Some credit unions can waive private mortgage insurance on some loans for strong applicants.
  • Some lenders offer non-conforming and portfolio options that accept down payments as little as 10-15% and do not require PMI.
  • Physician loans typically do not require PMI if the down payment is less than 20%.

Another option to avoid paying PMI, referred to as piggybacking, is taking out a smaller loan for enough money to cover the 20% down payment so that you can avoid paying private mortgage insurance. The downside here is that the smaller loan will typically have a higher interest rate than the interest rate on the mortgage loan. But you can typically deduct the interest on our federal tax return. You will also need to consider whether you can afford to pay a second loan for a set number of years in addition to your mortgage payment. Contact your tax adviser or financial planner for more info.

Check today’s mortgage rates on Zillow

If you are paying PMI on a conventional loan, you can request to cancel it (see below) once you ve built up enough equity in your home. To stop paying your mortgage insurance policy on an FHA loan, you can refinance to a conventional loan once you have enough equity in your home. You ll also want to make sure your credit score is high enough to qualify, and that interest rates make financial sense for you. Contact your lender if you have questions about the mortgage insurance on your FHA loan.

8. When does mortgage insurance “fall off” the loan?

Once the borrower has built up a certain amount of equity in the house, typically 20% equity, private mortgage insurance usually may be canceled which will reduce your mortgage payment and allow you pay less money every month. The lender usually won t automatically cancel PMI until you ve reached 22 percent equity based on the original appraised value of the home, or unless you contact them to request cancellation at 20 percent of the current market value. So if you own a home with a value of $100,000 and have paid down $20,000 in principal, you can request to cancel your PMI. Be sure to contact your lender once you ve hit 20 percent equity.


Mortgage – definition of mortgage by The Free Dictionary #bankrate #mortgage #rate


#mortgage online

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mortgage

1. A loan for the purchase of real property, secured by a lien on the property.

2. The document specifying the terms and conditions of the repayment of such a loan.

3. The repayment obligation associated with such a loan: a family who cannot afford their mortgage.

4. The right to payment associated with such a loan: a bank that buys mortgages from originators.

5. The lien on the property associated with such a loan.

1. To pledge (real property) as the security for a loan.

2. To make subject to a claim or risk; pledge against a doubtful outcome: mortgaged their political careers by taking an unpopular stand.

[Middle English morgage. from Old French. mort. dead (from Vulgar Latin *mortus. from Latin mortuus. past participle of mor . to die ; see mer- in Indo-European roots ) + gage. pledge (of Germanic origin ).]

Word History: In early Anglo-Norman law, property pledged as security for a loan was normally held by the creditor until the debt was repaid. Under this arrangement, the profits or benefits that accrued to the holder of the property could either be applied to the discharge of the principal or taken by the creditor as a form of interest. In his Tractatus de legibus et consuetudinibus regni Angliae (1189), Ranulf de Glanville explains that this latter type of pledge, in which the fruits of the property were taken by the creditor without reduction in the debt, was known by the term mort gage, which in Old French means “dead pledge.” Because of Christian prohibitions on profiting from money lending, however, the mortgage was considered a species of usury. The preferred type of pledge, in which the property’s profits went to paying off the debt and thus continued to benefit the borrower, was known in Old French by the term vif gage, “living pledge.” By the time of the great English jurist Thomas Littleton’s Treatise on Tenures (1481), however, the mortgage had evolved into its modern form a conditional pledge in which the property (and its profits) remain in possession of the debtor during the loan’s repayment. This led Littleton and his followers, such as the influential jurist Sir Edward Coke (1552-1634), to explain the mort in mortgage in terms of the permanent loss of the property in the event the borrower fails to repay, rather than of the loss of the profits from the property over the duration of the loan.

mortgage

1. (Banking Finance) an agreement under which a person borrows money to buy property, esp a house, and the lender may take possession of the property if the borrower fails to repay the money

2. (Banking Finance) the deed effecting such an agreement

3. (Banking Finance) the loan obtained under such an agreement: a mortgage of £148 000.

4. (Banking Finance) a regular payment of money borrowed under such an agreement: a mortgage of £447 per month.

(Banking Finance) to pledge (a house or other property) as security for the repayment of a loan

(Banking Finance) of or relating to a mortgage: a mortgage payment.

[C14: from Old French, literally: dead pledge, from mort dead + gage security, gage 1 ]

mort gage

1. a conveyance of an interest in property as security for the repayment of money borrowed.

2. the deed by which such a transaction is effected.

3. the rights conferred by it, or the state of the property conveyed.

4. to convey or place (property) under a mortgage.

5. to place under advance obligation; pledge.

[1350 1400; Middle English Old French mortgage =mort dead ( Latin mortuus ) + gage gage 1 ]

mortgage

1. the giving of property, usually real property, as security to a creditor for payment of a debt.
2. the deed pledging the security.

mortgage

Past participle: mortgaged
Gerund: mortgaging

Shimerda: he was unable to meet a note which fell due on the first of November; had to pay an exorbitant bonus on renewing it, and to give a mortgage on his pigs and horses and even his milk cow.

Haley has come into possession of a mortgage. which, if I don’t clear off with him directly, will take everything before it.

We build our churches almost without regard to cost; we rear an edifice which is an adornment to the town, and we gild it, and fresco it, and mortgage it, and do everything we can think of to perfect it, and then spoil it all by putting a bell on it which afflicts everybody who hears it, giving some the headache, others St.

But it’s finished, that’s one comfort, and we’ll have a lovely time when we’re all grown up and the mortgage is paid off.

To the eye it is fair enough, here; but seen in its integrity, under the sky, and by the daylight, it is a crumbling tower of waste, mismanagement, extortion, debt, mortgage. oppression, hunger, nakedness, and suffering.

But these shares do not represent wealth actually in existence; they are a mortgage on the labor of unborn generations of laborers, who must work to keep me and mine in idleness and luxury.

To save the boy, I had to sell my lands and mortgage my ancestral castle; and this not being enough, in the end I have had to borrow money, at a ruinous interest, from my lord of Hereford.

We make in our case a deposit, on a mortgage. which is an advance, as you see, since we gain at least ten, fifteen, twenty, or a hundred livres’ worth of iron in exchange for our money.

I have heard my grandfather say that old Peter gave his father a mortgage of this very house and land, to raise cash for his silly project.

Ay, at seven per cent a month with a mortgage on the unborn calf,’ said a young Dogra, soldier going south on leave; and they all laughed.

He had condescended to mortgage as far as he had the power, but he would never condescend to sell.

By giving a chattel mortgage on their growing wheat, they borrowed enough, at twenty per cent, to buy seed corn and a plow.


Home Loans for Bad Credit – FHA Information #interest #calculator #mortgage


#poor credit mortgage

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Can I Buy a House with Bad Credit?

Can I Buy a House with Bad Credit?

Introduction

So, what do you do if your credit reports make you want to hide under the covers and never use your credit cards again? Relax, you can turn your ratings around.

Mortgage lenders look at the age, dollar amount, and payment history of your different credit lines. That means opening accounts frequently, running up your balances, and paying on time or not at all can impact your credit score negatively. Just changing one of these components of your spending behavior can positively affect your credit score. Also, bad credit does not necessarily mean you can t get a home loan, it will just come at a higher cost.

Why Were You Turned Down for a Loan?

If you are having trouble getting a loan, ask your lender why. Chances are it will be one of these reasons for rejection:

  • Overextended credit cards: If you miss payments or exceed your limit, that s a red flag to lenders.
  • Failure to pay a previous or existing loan: If you have defaulted on other loans, a lender will think twice.
  • Bankruptcy: Filed for bankruptcy in the past seven years? You might have trouble getting a loan.
  • Overdue taxes: Lenders check your tax payment record.
  • Legal judgments: If you have a judgment against you for such things as delinquent child support payments, it could harm your credit.
  • Collection agencies: Lenders will know if collection agencies are after you.
  • Overreaching: You might be seeking a loan outside what you can reasonably afford.

Fixing or Preventing Bad Credit

Having bad credit is not the end of the world. It still may be possible for lenders to give you a loan, provided your credit score is not too low. But be aware that you may pay a higher interest rate and more fees since you are more likely to default (fail to pay the loan back).

There are ways you can improve your credit score. such as paying down your debts, paying your bills on time, and disputing possible errors on your credit report. But on the flip side, there are ways you can also hurt your score, so remember:

  • DON T close an account to remove it from your report (it doesn t work).
  • DON T open too many credit accounts in a short period of time.
  • DON T take too long to shop around for interest rates. Lenders must pull your credit report every time you apply for credit. If you are shopping around with different lenders for a lower interest rate, there is generally a grace period of about 30 days before your score is affected.

Finding Home Loans and Refinancing With Bad Credit

Even after you reverse the downward spiral of your credit history, you might need to tell a prospective lender that there may be some signs of bad credit in your report. This will save you time, since he will look at different loans than he might otherwise.

If bad credit continues to dog you, the FHA loan programs may be your ideal option. With down payments as low as 3.5%, Americans with good and bad credit have been getting into their first homes with these federally insured loans since 1934.


Welcome To The H #21st #mortgage


#mortgage relief program

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What Is HARP ?

The HARP program can help!

The Home Affordable Refinance Program , also known as HARP , is a federal program of the United States, set up by the Federal Housing Finance Agency in March 2009 to help underwater and near-underwater homeowners refinance their mortgages. Join the 900,000+ people who have benefited from the Home Affordable Refinance Program !

Click HERE to get started.

When Does It End?

The Home Affordable Refinance Program has been extended!

In an effort to enable more struggling homeowners to take advantage of the Home Affordable Refinance Program , we have extended the application deadline of the program to September 30, 2017. HARP has also expanded the eligibility criteria for MHA to be able to offer assistance to more struggling homeowners.

For more information about HARP eligibility and requirements, CLICK HERE

Why Refinance?

The HARP program can help!

If you’re not behind on your mortgage payments but have been unable to get traditional refinancing because the value of your home has declined, you may be eligible to refinance through the Home Affordable Refinance Program (HARP ). HARP is designed to help you get a new, more affordable, more stable mortgage. HARP refinance loans require a loan application and underwriting process.

For more information about HARP eligibility and requirements, CLICK HERE

How Do I Begin?

How do I apply for a refinance under HARP ?

It’s as easy as clicking HERE! A HARP specialist will analyze your data and contact you.

Generally, you will need the following documents available when the specialist contacts you:
1. Your most recent income tax return
2. Information about any junior lien mortgage on the house
3. Account balances and monthly payments on all of your debts

Home Affordable Refinance Program and HARP are federally registered trademarks of the Federal Housing Finance Agency. harpprogram.org is not associated with FHFA or any related government program.

Helpful Articles

Social Links

Helpful Videos

See If You Qualify


Banking Services: Checking, Savings, Mortgage #mortgage #lawyers


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Regions Bank

Regions Services

2016 Regions Bank. All Rights Reserved.

Insurance products are offered through Regions Insurance, Inc. which is an affiliate of Regions Bank.

Regions Investment Solutions is a marketing name of Cetera Investment Services. Securities and insurance products are offered through Cetera Investment Services LLC, member FINRA/SIPC. Advisory Services are offered through Cetera Investment Advisers LLC. Neither Cetera Investment Services, nor Cetera Investment Advisers is an affiliate of Regions Bank. Regions Investment Solutions, 250 Riverchase Parkway East, Hoover, AL 35244.

The purchase of insurance products through an affiliate is completely optional. Neither the purchase of insurance products through the bank or any of its affiliates, nor the agreement not to obtain, or a prohibition on the consumer from obtaining insurance products through an unaffiliated entity will affect any application for credit or the terms of any existing credit agreement with Regions Bank.

Investment, Insurance and Annuity Products
Are Not FDIC Insured | Are Not Bank Guaranteed | May Lose Value | Are Not Deposits | Are Not Insured by Any Federal Government Agency | Are Not a Condition of Any Banking Activity

Regions, the Regions logo and the LifeGreen bike are registered trademarks of Regions Bank. The LifeGreen color is a trademark of Regions Bank.

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*Investment Annuities and Insurance Products

  • Are Not FDIC Insured
  • Are Not Guaranteed
  • May Lose Value
  • Are Not Deposits
  • Are Not Insured by Any Federal Government Agency
  • Are Not a Condition of Any Banking Activity

Banking products are provided by Regions Bank, 1900 5th Avenue North, Birmingham, AL 35203

© 2015 Regions Bank

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Mortgage interest rate #30 #year #mortgage #rates


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SGD. 1.0113
CAD. 0.9743

USD. 0.7467
AUD. 0.9950
EUR. 0.6675
GBP. 0.5651
JPY. 76.8617
HKD. 5.7454
SGD. 1.0143
CAD. 0.9790
datetime. as at 7:20pm (NZT), Wednesday, 14 September 2016
USD. 0.7151
AUD. 0.9561
EUR. 0.6358
GBP. 0.5405
JPY. 73.59
HKD. 5.5393
SGD. 0.9740
CAD. 0.9401
datetime. as at 9:00 pm (NZT), Wednesday, 14 September 2016
USD. 0.7142
AUD. 0.9548
EUR. 0.6347
GBP. 0.5407
JPY. 73.336
HKD. 5.5375
SGD. 0.9728
CAD. 0.9388
datetime. as at 16:17PM (NZT), 14 September 2016
USD. 0.7156
AUD. 0.9544
EUR. 0.6345
GBP. 0.5415
JPY. 73.27
HKD. 5.5344
SGD. 0.9747
CAD. 0.9389
datetime. as at 09:00pm (NZT), Wednesday, 14 September 2016
USD. 0.7095
AUD. 0.9460
EUR. 0.6298
GBP. 0.5373
JPY. 72.8680
HKD. 5.4900
SGD. 0.9665
CAD. 0.9334

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Currency rates on this page are supplied for indication purposes only, and may or may not be rates offered by any institution. We source this data from publicly available sources, at the time shown above. Rates change often, and different institutions are competitive in different currencies. Contact institutions directly for actual quotes. The comparisons on this tool are controlled by interest.co.nz.

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