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Posted on Nov 1, 2024 in FHA Information

Question by Percel: Where can I find information on underwater loans?
the loan is more than the value of the home.

Best answer:

Answer by MelodySong
There is some great information on this site about HARP (Home Affordable Refinance Program). The program may allow a person to lower the interest rate on their mortgage… even if the home is underwater.

http://www.makinghomeaffordable.gov/programs/lower-rates/Pages/harp.aspx

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