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HARP Loan Modification Program Has Been Extended Help To Struggling Homeowners


WEBWIRE

June 22, 2010 Washington DC.- The HARP Program or Home Affordable Refinance Program was recently extended until June 2011. The program is designed to help homeowners who can’t traditionally refinance their property because they have no home equity. This is also known as being “upside down”.

Due to the recent downturn in the economy and weak housing market, many homeowners are trapped in high rate, high payment mortgages. HARP is one of the many new modification programs available to help struggling homeowners. As this program has become popular, a national website has been setup, www.usmortgagerelief.org to help qualify homeowners and answer questions.

In addition to HARP, there are many other loan modification options available which will not only reduce mortgage payments and interest charges, but also stop the foreclosure process. With many of these programs, credit and home equity are not considered qualifying factors.

Any homeowner struggling with high mortgage payments and having no traditional options available to refinance, should consider the HARP program. Individuals that don’t qualify might be eligible for other assistance programs.

For information on how to qualify for the HARP or any other loan modification program visit www.usmortgagerelief.org or call 888-563-6060



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 HARP
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