Home Mortgage Corporation provides Home Loans and Refinance Loans to clients in the Metro Atlanta area, including: Acworth, Alpharetta, Atlanta, Auburn, Austell, Barnesville, Braselton, Brookhaven, Buford, Canton, Carrollton, Cartersville, Centerville, Chamblee, Clarkston, College Park, Conley, Conyers, Covington, Cumming, Dacula, Decatur, Doraville, Douglasville, Druid Hills, Duluth, Dunwoody, East Point, Fairburn, Fayetteville, Flowery Branch, Forest Park, Gainesville, Griffin, Hampton, Hapeville, Irondale, Johns Creek, Jonesboro, Kennesaw, Lawrenceville, Lilburn, Loganville, Lovejoy, Mableton, Marietta, McDonough, Milton, Monroe, Morrow, Mountain Park, Newnan, Norcross, Palmetto, Panthersville, Peachtree City, Peachtree Corners, Powder Springs, Riverdale, Roswell, Sandy Springs, Smyrna, Snellville, Stockbridge, Stone Mountain, Sugar Hill, Suwanee, Thomaston, Tucker, Tyrone, Union City, Villa Rica, Winder, Woodstock and more!
HOME MORTGAGE CORPORATION
Your New Home Is Closer Than You Think
HOME AFFORDABLE REFINANCE PROGRAM - HARP 2.0
Georgia's Oldest Independent Mortgage Lender Since 1987!
HARP 2.0 was formally released by Fannie Mae and Feddie Mac on March 17, 2012. HARP stands for Home Affordable Refinance Program. This program is designed to assist eligible homeowners who have underwater mortgages – meaning they owe more on their homes then what their homes are worth
Harp 2.0 is a federal government program designed to help millions of underwater or near-underwater homeowners refinance into a fixed loan with a lower monthly payment. There are some key eligibility requirements to this program that need to be reviewed as this program hits full stride on March 17, 2012:
• Only loans owned or guaranteed by Fannie Mae and Freddie Mac are eligible. Underwater borrowers who have FHA, VA or other types of mortgages are not. Both companies’ websites - www.fanniemae.com and www.freddiemac.com — offer “look up” features that tell you whether they own your loan.
• Your mortgage must have been purchased or securitized by either agency no later than May 31, 2009, and must have an LTV ratio in excess of 80%.
• You must be current on your loan with no 30-day late payments during the six months preceding application and no more than one late payment during the last 12 months.
It must be noted that not all mortgage lenders are participating in this program.