Are HARP loans available for income properties?

Depends on how your loan is backed. Let's discuss your loan scenario in more detail. Contact me at 800 315 8803. My name is Jamie and I have been in the mortgage business since 1989. I am happy to answer your mortgage questions, 7 days a week and review your loan scenario. Until then, I look forward to hearing from you. Jamie Lynne - www.bartprequalifies.com - email Jamie@bartprequalifies.com - 800 315 8803

Yes.. the documentation would be no different than financing your primary residence.. tax returns, pay stubs, bank statements, etc.. once you apply, the lender will run your file through the Automated Underwriting System (AUS), and if it says no appraisal necessary, then no appraisal is needed.. however you loan must be HARP eligible.. if it was initiated prior to June 2009, and is owned by Freddie or Fannie, then it might qualify.. to find out for sure, you should contact a LOCAL mortgage broker and apply with them. Do not use the local "Big" bank, or one of those 50 states internet lenders or nationwide lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Yes they are. It's one of the best deals for a mortgage out there! As with any mortgage, the whole picture needs to be reviewed by an experienced lender whom will show you all the possible options and keep your best interests in mind. I'm happy to help with the financing or just give you advice. If you need more information, or a competing rate quote call, email or use my live support button to discuss or get in touch with me. Web Address is: http://www.loansfromrob.com/quote/ Email is robertlh66@verizon.net and direct phone is 240-752-7549. Good Luck -- Rob Hanson

Yes! Usually an appraisal is still required but the big advantage is that the new loan will have the same PMI as the current one. If there is none currently, none will be needed on the new loan. HARP loans are mainly available to refinance mortgages backed by Fannie Mae and Freddie Mac from mid 2009 and before. There is a similar option for FHA and VA loans as well. I can help: pdumouchel@primelending.com or 843-619-6025 http://pdumouchel.primelending.com **PrimeLending was the #4 purchase mortgage lender in the US in 2012 and 2013 as determined by MarketTrac(c) for Jan-Dec 2012 & 2013

Yes, as long as it is owned by Fannie Mae or Freddie Mac and the last time you received financing on it was prior to Jun of 2009. You may or may not need an appraisal, it depends on the lender and what your Automated Approval says. Best bet is to speak with a local lender who can walk you through the specific numbers. You can find some great ones by clicking the top right corner tab called Community and choosing Find a Lender. Best wishes, Sean

Yes, documentation is the same and needing an appraisal will be determined when your local mtg broker runs the file thru DU. It does seem to be a little harder to get a waiver on an investment property, but it all depends on your profile. Good Luck