Posted on: 24th Jan, 2014 12:56 am
I am renting out property to my friends. Will I be able to get a HARP on it?
As far as I know, if you meet the required criteria, then you can qualify for HARP on your investment property. However, it will be better if you could get in touch with your lender and clarify the matter from him.
If the loan is owned by Fannie or Freddie a Harp is possible - How much do you owe and what is it worth? What type of rate do you have now? Any lender can do this for you if they do HARP however your original lender may have more options if you owe a LOT more than it is currently worth.
Good Luck
Brian Barnes
ENG Lending
Nationwide Lender
Good Luck
Brian Barnes
ENG Lending
Nationwide Lender
