Over 3 Million Americans agree that refinancing with HARP saves money, and big banks are on edge about it.
When homeowners first visited www.HARP2018.org official website they were pleasantly surprised to find out they qualified for a government plan that ConsumerComparison.org calls the “The Best Refinance Opportunity Of This Decade.”
It’s hard to believe the Home Affordable Refinance Program® (HARP) actually exists when you hear that millions of Americans could reduce their monthly payments by as much as $3,500 a year. 1 It’s insane this program isn’t talked about more often. The reality is most people think the savings are too good too be true. Even worse, some think the program is only for homeowners with bad credit or foreclosures. This couldn’t be farther from the truth. The Federal Housing Finance Agency created HARP all the way back in 2009 for the average American and good credit helps you qualify for even better rates!
To put this opportunity into perspective we compared HARP savings to the savings of a 401k. The maximum 401k contribution in 2017 is $18,000 6 per year for participants that are under 50 years of age. For the average American 7 the $18,000 investment could yield a savings of $2,430 in tax savings. The HARP program saves the average American $3,500 per year but ends in December of 2018 so it’s essential to take action now.
Quick Summary: Close to a million homeowners could still benefit today, but sadly, many perceive HARP to be too good to be true. Remember, HARP is a free government program and there’s absolutely NO COST to see if you are eligible. Instantly find out if you are eligible >>
The Federal Housing Administration is making a final push and urging homeowners to take advantage of HARP before the program ends. If lowering your payments and shaving years off your mortgage would help you, it’s vital that you act now. We were surprised that you may even take some cash out of your home to help you with bills, renovations, your child’s education, a vacation, or to start saving for retirement.
The Fed wants the banks to cut your mortgage rate to put more money in your pocket so you can go out and spend, therefore boosting the economy. Here is the issue, the banks are hoarding money so tightly that Janet Yellen, the Fed chairwoman, may even investigate charging the banks for not lending you money. 4
The average person seems to miss out on money saving opportunities, but not this time; ConsumerComparison.org is looking out for you.
With many mortgage lenders and brokers available, it can take consumers hours to simply contact each one separately and request a quote. The good news is there are services that could help you save time and money by comparing multiple lenders and mortgage rates at once. One such service is HARP2018.org, Go to HARP2018.org to see if you qualify for a lower mortgage rate and compare all qualifying HARP lenders.
There’s no obligation to homeowners, and HARP2018.org offers easy and fast comparisons you could even do on your cell phone. It takes about three minutes, and the service is 100% free.
Step 2: Once you go through a few questions, you will have the opportunity to compare the quotes from multiple lenders!