HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
FHFA Extends HARP Assistance Until the End of 2015
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
FHFA Extends HARP Assistance Until the End of 2015
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
FHFA Extends HARP Assistance Until the End of 2015

The Federal Housing Finance Agency announced that it will extend the Home Affordable Refinance Program (HARP) until December 31, 2015. HARP has helped more than two million homeowners seek relief with an estimated ten million home owners still underwater.

HARP was designed to help mortgage borrowers who are current on their mortgages but whose home value was less than what their current mortgage amount is, also known as being “underwater.”

Edward J. DeMarco, Acting Director of the FHFA, stated that the HARP program is being extended “so more underwater borrowers can benefit from lower interest rates.”

HARP was introduced in April of 2009 and has helped approximately 2.2 million borrowers refinance their homes.

In order to qualify for HARP:

1) You must be current in your mortgage payments with no late payments in the previous six months and no more than one late payment in the past 12 months;

2) The current loan-to-value (LTV) ratio must be greater than 80 percent;

3) Your mortgage must be owned or guaranteed by Fannie Mae or Freddie Mac;

4) Your mortgage must have been sold to Freddie Mac or Fannie Mae on or before May 31, 2009.

Additional rules apply and lenders may also have additional loan criteria.

According to the latest Refinance Report released by the FHFA, there were nearly 470,000 refinances in January, with approximately 97,600 completed through the Home Affordable Refinance Program (HARP).

Forty-seven percent of the HARP loans refinanced in January had a loan-to-value ratio greater than 105 percent while 25 percent of the HARP loans refinanced had a loan-to-value-ratio of over 125 percent.

Tags: FHFA, HARP, HARP loans, loan modification, Fannie Mae, Freddie Mac

To learn more about the Home Affordable Refinance Program (HARP), click here.

Reported by Shirley Allen

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

The Federal Housing Finance Agency announced that it will extend the Home Affordable Refinance Program (HARP) until December 31, 2015. HARP has helped more than two million homeowners seek relief with an estimated ten million home owners still underwater.

HARP was designed to help mortgage borrowers who are current on their mortgages but whose home value was less than what their current mortgage amount is, also known as being “underwater.”

Edward J. DeMarco, Acting Director of the FHFA, stated that the HARP program is being extended “so more underwater borrowers can benefit from lower interest rates.”

HARP was introduced in April of 2009 and has helped approximately 2.2 million borrowers refinance their homes.

In order to qualify for HARP:

1) You must be current in your mortgage payments with no late payments in the previous six months and no more than one late payment in the past 12 months;

2) The current loan-to-value (LTV) ratio must be greater than 80 percent;

3) Your mortgage must be owned or guaranteed by Fannie Mae or Freddie Mac;

4) Your mortgage must have been sold to Freddie Mac or Fannie Mae on or before May 31, 2009.

Additional rules apply and lenders may also have additional loan criteria.

According to the latest Refinance Report released by the FHFA, there were nearly 470,000 refinances in January, with approximately 97,600 completed through the Home Affordable Refinance Program (HARP).

Forty-seven percent of the HARP loans refinanced in January had a loan-to-value ratio greater than 105 percent while 25 percent of the HARP loans refinanced had a loan-to-value-ratio of over 125 percent.

Tags: FHFA, HARP, HARP loans, loan modification, Fannie Mae, Freddie Mac

To learn more about the Home Affordable Refinance Program (HARP), click here.

Reported by Shirley Allen

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

The Federal Housing Finance Agency announced that it will extend the Home Affordable Refinance Program (HARP) until December 31, 2015. HARP has helped more than two million homeowners seek relief with an estimated ten million home owners still underwater.

HARP was designed to help mortgage borrowers who are current on their mortgages but whose home value was less than what their current mortgage amount is, also known as being “underwater.”

Edward J. DeMarco, Acting Director of the FHFA, stated that the HARP program is being extended “so more underwater borrowers can benefit from lower interest rates.”

HARP was introduced in April of 2009 and has helped approximately 2.2 million borrowers refinance their homes.

In order to qualify for HARP:

1) You must be current in your mortgage payments with no late payments in the previous six months and no more than one late payment in the past 12 months;

2) The current loan-to-value (LTV) ratio must be greater than 80 percent;

3) Your mortgage must be owned or guaranteed by Fannie Mae or Freddie Mac;

4) Your mortgage must have been sold to Freddie Mac or Fannie Mae on or before May 31, 2009.

Additional rules apply and lenders may also have additional loan criteria.

According to the latest Refinance Report released by the FHFA, there were nearly 470,000 refinances in January, with approximately 97,600 completed through the Home Affordable Refinance Program (HARP).

Forty-seven percent of the HARP loans refinanced in January had a loan-to-value ratio greater than 105 percent while 25 percent of the HARP loans refinanced had a loan-to-value-ratio of over 125 percent.

Tags: FHFA, HARP, HARP loans, loan modification, Fannie Mae, Freddie Mac

To learn more about the Home Affordable Refinance Program (HARP), click here.

Reported by Shirley Allen

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS