Follow these 3 basic steps.

If you qualify to refinance your mortgage through HARP, you’ll go through an application, approval and closing process (similar to when you got your original mortgage). A HARP lender will work with you through every step, and will help determine if HARP meets your specific needs. Outlined below are the steps to get started.

STEP 1:

Gather your financial information.

Make sure you have your basic financial and loan information on hand when you call your mortgage company. You’ll need:

  • Your mortgage statements, including information on a second mortgage (if applicable); and
  • Your income details (paystub or income tax return).

STEP 2:

Contact your mortgage company

Ask if they are an approved HARP lender. Since you are a current customer, your lender already has your loan file. However, they will need you to provide the information necessary to verify your current source of your income.

OR

Contact a HARP lender.

Find a list of approved HARP lenders at one of these pages. Tell them you are interested in refinancing, and you want to see if you qualify for HARP.

Fannie Mae

Freddie Mac

Did someone say “NO?”

If a lender says you are not eligible for HARP, ask for specific reasons why. If you have good reason to believe you are eligible, ask to speak to the HARP specialist, or consider talking with a different lender. It never hurts to get a second opinion.

STEP 3:

Go through the application, approval and closing process.

If your lender determines that you do qualify for HARP, they will guide you through the application, approval and closing process.