Is a rental property eligible for harp loan?

Yes.. Investment properties are allowed under the HARP 2.0 program. Each lender could have their own rules above what HARP requires, so not every lender will do them, so you might have to shop a bit.. for this reason I suggest you contact a local broker and apply with them. 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. 480-287-5714 WilliamAcres.com

Yes they do, because they are higher risk than a primary residence they can carry a slightly higher rate and slightly lower loan to value....Im working with a client in loudoun county va and have been a Loan Officer since 1998, currently licensed in all 50 states..... feel free to contact me directly for a no obligation consultation... John Schweer 816-517-LOAN (5626)

Yes, they sure do. If you want to check your home for eligibility go to: https://knowyouroptions.com/loanlookup for Fannie Mae or https://ww3.freddiemac.com/corporate/ for Freddie Mac.

Hi Cindy, yes they can be eligible as long as it meets the other HARP requirements that include being owned or guaranteed by Fannie Mae or Freddie Mac, having no mortgage lates in the last 12 months and the last time you received financing on the property was prior to May 31st 2009. Check with a local loan officer who can walk you through the approval process. The HARP loan is a great product and I'm sure you will be happy with the results. Best wishes, Sean

Sure they are Cindy.

Indeed they are!

Yes you can refinance an investment property with HARP. I only lend in Florida.