Updated HARP 2.0 government program provides refinancing options to Florida homeowners who are living under negative equity by allowing them to refinance at lower interest rates.

Fort Lauderdale, FL -- (SBWIRE) -- 09/06/2012 -- In October 2011, Fannie Mae and Freddie Mac along with the Federal Housing Finance Agency (FHFA) announced modifications to the Home Affordable Refinance Program to make it easier for lenders to refinance mortgages in Florida that are HARP Eligible.

The Home Affordable Refinance Program is a financial aid program announced by the US federal government in 2009 to help millions of homeowners who are either near-underwater or underwater (means you have zero - or even negative - equity in your home) to refinance into a fixed loan with lower monthly payments.

With the changes announced to the HARP eligibility guidelines (now called HARP 2.0), more and more homeowners are now eligible to refinance at lower interest rates.

The elimination of the 125% loan-to-value for fixed rate Freddie Mac or Fannie Mae mortgages and the exclusion of appraisals for new properties where there is already a reliable Automated Valuation Model or AVM are two such major changes that help make more people eligible.

The goal of the newly modified HARP 2.0 Program is to help stabilize the real estate market and encourage more people to buy homes on loans.

You May Be Eligible For A HARP Refinance If:

1) Fannie Mae or Freddie Mac owned or guaranteed your home loan.

2) Your loan was sold to Fannie Mae or Freddie Mac before May 31, 2009.

3) Your mortgage has not already been refinanced through HARP in the past, unless it happens to be a Fannie Mae loan that underwent a HARP refinance between March and May 2009.

4) You owe more than your home is worth, or is there minimal equity in your home.

5) You have been current on your mortgage for the last six months.

6) You have no more than one late payment over the past 12 months.

7) Your loan is not a USDA, FHA or Jumbo Mortgage.

Call Jaime Charouf at 954-318-1100 or visit our HARP Refinance Center and fill out our Quick 1 Step Eligibility Form to see if you qualify for this new program.

For Answers to Your HARP Questions: http://floridaharp2refinance.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Can you qualify for homeowner assitance? The revamped government program HARP 2.0 provides refinancing options to homeowners who owe more on their mortgage than their house is worth. Get the facts from local Florida refinancing expert Jaime Charouf.

Fort Lauderdale, FL -- (SBWIRE) -- 05/16/2012 -- We all know the real estate market is still teetering and many home residents still find themselves underwater on their home.

This reality has never been more apparent for Florida residents.

Florida remains one of the hardest hit areas and so many are still facing depressed home values, and mortgages that don't reflect current market value.

But, relief has finally shown its head for Floridians who remain underwater on their mortgage. Interest rates are historically low and for Florida residents to capitalize on todays rates and lower their mortgage payment, many people are turning to the Home Affordable Refinance Program HARP 2.0.

The new Making Home Affordable Program HARP or HARP 2.0 has changed the landscape for so many Florida residents suffering.

Unfortanateley as new information comes out on the government site you may find the information lengthy and confusing. But with every problem there is a solution Jaime Charouf has taken on the task to help his fellow Floridians.

Jaime Charouf, an expert mortgage consultant out of Miramar Florida has released a new website at http://www.FloridaHARP2Refinance.com which is designed to remove the confusion.

The new HARP 2.0 is explained in detail on the website. Questions that you were unsure about on your own are answered. Questions such as:

1) What are HARP loans all about? Not in technical jargon but in laymens terms

2) What kind of mortgage loans can Harp be use for?

3) What kind of documentation will I need to bring to the lender when I apply for the program

And of course the most important question Do I qualify for the HARP 2.0 program, is answered and so much more on the website.

This site is a resource for all information regarding Florida HARP 2.0

Your home is your largest and greatest investment and HARP 2.0 loans are the ideal way to build back up the equity faster under the structure of the HARP 2.0 loan program.

To quote HARP 2.0 specialist Jaime Charouf "HARP 2.0 loans are ready and available with low interest rates making it exciting for Floridians to enjoy double savings with a lower monthly mortgage payment and increased equity over the long term restructuring."

Don't waste any more time trying to figure this new program on your own. Jaime Charouf stands waiting and willing prepared for all your mortgage related questions and face to face appointments.

Call 954-318-1100 or visit http://www.FloridaHARP2Refinance.com to see if you qualify for the new HARP 2.o loan program.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm