HUD supports Non GSE expansion of Harp 2 - Teacher Loan gains in Popularity!
Final stage / iteration of the HARP 2.0 program is to help those borrowers in non-traditional mortgages not owned by the GSEs (FNMA, GNMA, FHLMC).
HUD secretary Shaun Donovan is supporting bills introduced by Democratic Sens. Diane Feinstein, Robert Menendez, Barbara Boxer and Jeff Merkley, which include provisions for non-GSEs borrowers to refinance, GSE covered closing costs for refinances, and an elimination of loan-to-value requirements under HARP. Such expansion may “free up more monthly income for American homeowners to spend.” The estimated effect of a HARP 2.0 expansion will be at approximately $250 per consumer, per month.
Stay Tuned!
PrimeLending introduced it’sTeacher Home Loan Program over 2 months ago and it is steadily gaining in popularity. Teachers & school employees can save up to $1000 in closing costs when they finance their mortgage thruPrimeLending. Eligible Associates that are employed by the following entities are eligible;
Greater Charlottesville, Lynchburg, Blacksburg Areas;
University of Virginia
Piedmont Community College
All Area Public / Private Schools / Preschools
Liberty University
You can Apply online at LO.primelending.com/dmacdougall
Rob Alley, Realtor/Owner of Virginia Real Estate Solutions at RE/MAX Assured Properties
434-220-7133
roballeyrealtor@gmail.com
Search MLS Listings and Homes for Sale
Forest Lakes Real Estate and Community Information
Charlottesville Real Estate ExpertsHUD secretary Shaun Donovan is supporting bills introduced by Democratic Sens. Diane Feinstein, Robert Menendez, Barbara Boxer and Jeff Merkley, which include provisions for non-GSEs borrowers to refinance, GSE covered closing costs for refinances, and an elimination of loan-to-value requirements under HARP. Such expansion may “free up more monthly income for American homeowners to spend.” The estimated effect of a HARP 2.0 expansion will be at approximately $250 per consumer, per month.
Stay Tuned!
PrimeLending introduced it’sTeacher Home Loan Program over 2 months ago and it is steadily gaining in popularity. Teachers & school employees can save up to $1000 in closing costs when they finance their mortgage thruPrimeLending. Eligible Associates that are employed by the following entities are eligible;
Greater Charlottesville, Lynchburg, Blacksburg Areas;
University of Virginia
Piedmont Community College
All Area Public / Private Schools / Preschools
Liberty University
You can Apply online at LO.primelending.com/dmacdougall
Rob Alley, Realtor/Owner of Virginia Real Estate Solutions at RE/MAX Assured Properties
434-220-7133
roballeyrealtor@gmail.com
Search MLS Listings and Homes for Sale
Forest Lakes Real Estate and Community Information
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