Home Affordable Refinance Program (HARP) Although the housing market is constantly increasingly there still are numerous homeowners that have little or no equity in their homes as the value of their property has severely declined during the recent housing crisis. The Home Affordable Refinance Program also known as HARP has been designed to help homeowners
Mortgage Re-Amortization Explained While the advantages and potential drawbacks of refinancing are well-known to most home buyers the loan recasting is an unexplored option. If you are looking to diminish your monthly payment amount and also save on interest you can take advantage of a strategy, called “recasting,” or “re-amortization. This game plan allows you to lower
