Mortgage Blog

HARP II Loans are closing

February 1st, 2012 6:37 PM by Eric Fang

We are glad that one borrower signed the loans
with LTV 100% for the rate of 3.875% today.
Their original loan is with Freddie Mac.
This loan will be closed next week.

And I locked another loan for LTV 102%
with 15yr fixed for the rate of 3%.
All above loans are for no closing cost
loans.

And I am working another one with LTV
105% and credit score is only 640.
Can you believe it, this HARP program
does not care about the credit csore
if the loan is from Freddit Mac?

And I am so happy for those who really
needs the help the most.

Posted in:General
Posted by Eric Fang on February 1st, 2012 6:37 PM

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