If you are a Washington State Homeowner that has experienced a 
decrease in your home's equity and have had trouble refinancing
with traditional financing, then the HARP Refinance Program may help.

HARP, the acronym for "Home Affordable Refinance Program", is a lending program announced by the US federal government in 2009 to help millions of homeowners who have experienced a decrease in their home's equity and may owe more than their home is currently valued. 

The HARP program, also referred to as The Making Home Affordable Program, the DU Refi Plus Program, The Relief Mortgage, and/or the Obama Refi Program - was specifically targeted towards homeowners having a loan-to-value ratio less than 125 percent, but has now been re-released with E-X-P-A-N-D-E-D guidelines.



NEW!!!  HARP 2.0 - Help For Washington Homeowners

Now, with the revised guideline changes, "HARP 2.0" has the possibility of no Loan-To-Value limits. So, Washington State Homeowners with a loan-to-value ratio even greater than 125 percent can now apply for a refinance with this program!

HARP 2.0 gives Washington State Homeowners the ability to refinance and the appraisal may not be required. If you have been turned down before for this program, you will certainly want to re-apply for HARP 2.0.

In order to qualify for HARP assistance, two of the Eligibility Requirements are:

1. Your loan must be backed by Freddie Mac or Fannie Mae

2. Freddie or Fannie should have bought your mortgage prior to June 1st, 2009.


How to Determine If Your Loan Is Backed By Fannie Mae or Freddie Mac

Unfortunately, Washington State Homeowners rarely know who "owns" their mortgage loan. Normally, Homeowners receive their monthly statements, and make their monthly payments to their mortgage servicer. This is usually not the company that provided the funds originally to make the loan.

You can check "lookup" forms on the Fannie Mae and Freddie Mac web sites. However, keep in mind that these web forms are not always accurate as the address would have to be exactly the same as was recorded with Fannie or Freddie. For increased accuracy, contact us and we can check for you. 

Click Here To Check Fannie Mae | Click Here To Check Freddie Mac

Or, you can have us check for you:


Note: USDA, FHA or Jumbo mortgages are NOT HARP-eligible. "Super Conforming" Loans ARE eligible. Please contact us for maximum loan size limits in your area.

The most noticeable and major changes in the HARP 2.0 program are:

  • Possibility of no Loan To Value limits which means that Washington State borrowers may now have the opportunity to refinance regardless of the fallen values of their homes, whereas loan-to-value limits were previously limited to 125 percent.
  • Home appraisal may not be required. This makes the refinancing process much faster and smoother.
  • The deadline for obtaining a HARP refinance has been extended to September 30th, 2020.


Your Next Step...  Applying For The HARP 2.0 Program – Making Home Affordable Refinance


Getting approved for a HARP 2.0 refinance involves the following steps:

Step 1: Find out if your mortgage is owned by Fannie or Freddie & Eligible For The HARP Program

Step 2: Print the HARP 2.0 Checklist

Step 3: Submit your HARP Online Application

Step 4: Meet with or call Michael Patterson, Branch Mgr to go over the final numbers, closing date, etc.

If you have any questions or concerns, please don't hesitate to call my office at 425-289-1102 or email me at Info@LandHomeNW.com . I am here for you!

Michael Patterson, Branch Mgr
HARP Program Specialist

NMLS ID / WA MLO # 69386

Email: Info@LandHomeNW.com

Phone: 425-289-1102


Contact Michael Patterson, Branch Mgr, your Washington HARP Refinancing Expert, to setup a free consultation to determine if you are eligible for the HARP program. I will be honored to work with you!

Land Home Financial Services, Inc.
Michael Patterson, Branch Mgr
Phone: 425-289-1102

Equal Housing Opportunity Lender. Land Home Financial Services, Inc. is a mortgage finance company and does not represent parties to Real Estate transactions or operate as a Real Estate company. The Agent Mastermind free webinars and marketing strategies are a service of a third party vendor, is offered as a convenience service only, and should not be construed an endorsement of any particular company. The accuracy of all information, regardless of source, is not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Land Home makes no guarantee or promises on success from the use of these services. Use of these services are not to be construed as a commitment to lend. Land Home Financial Services, Inc. only conducts business in the states it is licensed in. Washington Consumer Lending License CL #89331.
Notice: This is a privately owned and maintained
web site and is not a government agency

Equal Housing Opportunity Lender. Not a commitment to lend. Rates, programs, fees and guidelines are subject to change without notice. *Contact your Loan Officer for details, additional restrictions may apply. Land Home only conducts business in states we are approved to. Restrictions may apply. Land Home Financial Services. 22525 SE 64th Place, #220, Issaquah, WA 98027. Washington Consumer Loan Branch Office License - CL-89331. NMLS #89331.