HARP Program Guidelines

In order to take advantage of the HARP 2.0 program you will need to qualify for it.  Below are some basic guidelines the program requires.

  • Minimum of a 620 middle credit score.
  • Maximum DTI ratio of 45%.
  • Income and asset verification per the selling guide.
  • Loan has to be older than May 31, 2009.
  • No mortgage lates in the past 6 months
  • Mortgage has to been a FNMA or a Freddie Mac mortgage backed security.

To see if your mortgage is eligible for a refinance please visit http://www.makinghomeaffordable.gov/get-assistance/loan-look-up/Pages/default.aspx.  Once clicking the link you will be leaving Hippofinancial.com.

Have questions? Please call us to help at 877-630-7730 ext 1.