Oregon homeowners who are living under negative equity (Their home is worth less than their mortgage balance)may be able to use the all new HARP 2.0 government program to allow them to refinance at record low interest rates and payments.

Salem, OR -- (SBWIRE) -- 07/12/2012 -- More people than ever with homes in distress are able to refinance under the new HARP 2.0 program. This brings great relief for homeowners looking to dramatically reduce their interest rates and lower their monthly mortgage payments.

The only problem is that many Oregon homeowners don't know the program exists.

In fact, it's one of the best kept secrets of today's distressed financial markets.

Nationally Known Oregon mortgage originator, Jim Morrison educates his potential clients on the ins and outs of this program at his Online HARP Refinance Information Center.

Morrison explains that the Home Affordable Refinance Program (HARP) is a streamline refinance program created to help responsible Oregon homeowners who have continued to make their mortgage payments, but may be unable to refinance over recent years due to a decline in their home value.

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 Oregon.

However, it was immediately discovered that the majority of participating lenders are not co-operating with the new guidelines and are placing additional severe restrictions on this program leaving the homeowners with the impression that once again, the homeowner does not qualify for the program.

Nothing could be further from the truth.

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

According to Morrison, the relaxed stipulations of the
HARP 2.0 program have already resulted in a large amount of loan modifications. Those Oregon homeowners with high LTVs ,(Loan-to-Value ratios),less than perfect credit scores, have mortgage insurance and even reduced incomes have been able to successfully refinance their homes. Any one of the previous conditions would have disqualified these homeowners in the past.

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 is current for the last six months.

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

5) 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.

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

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

Call Jim Morrison at (503) 585-5223 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://getharphelp.com

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

Jim Morrison, a Nationally Recognized Home Finance and Refinance expert explains in laymen's terms the all new government program known as HARP 2.0. The New HARP 2.0 program provides a path to lower interest rates and mortgage payments for Oregon homeowners who owe more money than the home is worth.

Salem, OR -- (SBWIRE) -- 06/28/2012 -- An all new, well thought out, refinance program has just been revealed by government sources to rescue Oregon home owners whose property values have dropped over the past few years and owe more on their home than it is worth. In order to lower costs of interest and mortgage payments today and get a good fixed rate plan underway, many people are turning to the Home Affordable Refinance Program (HARP or HARP 2.0), also known as the Making Home Affordable Program.

However, as new information appears on government sites, people are finding the documentation to be lengthy and confusing. To add to the confusion, many lenders are not following the guidelines and are severely restricting the loan-to-value rules defeating the purpose of this exciting new program.

Jim Morrison, a Salem, Oregon based mortgage consultant, has released a new web site at: http://getharphelp.com designed to remove the confusion about this latest government program.

This new HARP 2.0 resource site shares details about the basics of this mortgage lending solution and answers questions Such as:

- What are HARP 2.0 loans all about, in a nutshell – in layman's terms? 
- What are the benefits of the new HARP 2.0 loans? 
- What kind of mortgage loans can HARP 2.0 funds be used for?
- How do I qualify for the HARP 2.0 program?
- What documents do I need to bring to the lender when I apply?
- And much more…

This new resource site showcases pages of information to help Oregon borrowers realize that HARP 2.0 loans are an ideal way for families with homes that have dropped in value to rebuild their investment, creating equity faster.

HARP Specialist Morrison, says "readily available and with low interest rates, these HARP loans are an exciting way for people to enjoy double savings with lower monthly mortgage payments and the ability to increase equity over the long term restructuring."

Jim Morrison is available for interviews and will welcome all your mortgage related questions.

Call (503) 585-5223 or visit http://getharphelp.com to see if you qualify for this new program.

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

Nationally Recognized Oregon Refinancing Expert, Jim Morrison, explains all about the revamped government program known as HARP 2.0 providing refinancing option to homeowners who owe more on their mortgage than their home is worth.

Salem, OR -- (SBWIRE) -- 06/18/2012 -- Help has finally arrived for Oregon home owners whose property values have dropped over the past couple of years. In order to lower costs of mortgage installments today and get a good fixed rate plan underway, many people can now turn to the Home Affordable Refinance Program (HARP or HARP 2.0), also known as the Making Home Affordable Program.

However, as new information appears on government sites, people are finding the documentation to be lengthy and somewhat confusing. In addition the majority of banks are not co-operating with the new guidelines and are placing their own restrictive loan to value caps the new program.

Jim Morrison, a Nationally recognized Salem, Oregon based mortgage consultant, has released a new web site at: http://GetHarpHelp.com designed to remove the confusion about this latest government program.

This new HARP 2.0 resource site shares details about the basics of this mortgage lending solution and answers questions like:

* What are HARP loans all about, in a nutshell – in layman's terms? 
* What are the benefits of HARP loans? 
* What kind of mortgage loans can HARP funds be used for?
* Do I qualify for the HARP program?
* What documents do I need to bring to the lender when I apply?
* And much more…

This new resource site showcases pages of information to help Oregon borrowers realize that HARP loans are an ideal way for families with homes that have dropped in value to rebuild their investment, creating equity faster than ever under a new structure.

HARP Specialist Morrison, says "Readily available, with low interest rates, these HARP loans are an exciting way for people to enjoy double savings with lower monthly mortgage payments and increased equity over the long term."

Jim Morrison is available for interviews and will welcome all your mortgage related questions.

Call (503) 585-5223 or visit http://GetHarpHelp.com to see if you qualify for this new program.

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