HARP Refinance

The U.S. government’s Home Affordable Refinance Program (HARP) is a great refinance option for homeowners that are eligible. Even if you’ve been turned down in the past for a refinance, HARP’s qualifications are extremely favorable for borrower approval. You can qualify even if your home value is underwater.

HARP’s streamline refinance program has helped close to 3.5 million Americans take advantage of lower interest rates. We have a no-closing-cost option, and you likely will not need an appraisal to qualify.

Homeowners who refinanced with HARP save an average of $189 per month, according to the Federal Housing Finance Agency.

Eligibility Requirements

If your loan meets these criteria, you may be eligible for HARP:

  • Your loan must have closed on or before May 31, 2009.
  • Your loan must be backed by Fannie Mae or Freddie Mac.
  • You must have a recent history of keeping up with mortgage payments.

Are you eligible for HARP?

You can check your eligibility quickly by calling a River City licensed loan originator at (800) 343-7315 or get a QUICK, FREE quote.

HARP Key Facts

  • No appraisal needed in most cases
  • Easier approval process
  • Limited documentation
  • Refinance even if home value is underwater


What is a HARP loan?

The Home Affordable Refinance Program (HARP) is a government program geared to help certain borrowers refinance more easily, in particular those who took out loans at the height of the housing market (prior to June 1, 2009). There is generally no appraisal and reduced documentation.

Does the HARP program have an end date?

Yes. The last day to apply for a HARP refinance is September 30, 2017. To take advantage, please take a minute to fill out a QUICK, FREE QUOTE and we will contact you momentarily, or call (800) 343-7315.

If I made a late payment, can I still qualify?

Yes. You can still qualify for a HARP refinance even if you’ve made a late payment. Call (800) 343-7185 or fill out a QUICK, FREE QUOTE to find out.

Do I have to do a HARP Refinance or can I refinance another way?

HARP is just one of the ways to refinance your mortgage. If eligible, HARP might be your best option, but we can check into any other debt consolidation or cash-out in hand options in case they are more beneficial. Call (800) 343-7185 or fill out a QUICK, FREE QUOTE to see your best financing options.

Can I finance my condo or investment property with HARP?

Yes! This is one of the best ways to qualify for investment property refinance. The lower the payment, the greater your cash flow. We still may not even need an appraisal!

Can I get a good interest rate, no matter what my credit score?

Absolutely. HARP Refinance does not have the same risk-based pricing as a normal loan. You have to have a 620 minimum credit score for HARP, but we can likely help you with another option if your score is above 550. Call (800) 343-7185 or fill out a QUICK, FREE QUOTE to see your best financing options.

Would I have to have Private Mortgage Insurance with my payment?

If you are not currently paying PMI, you would not have to do soon a HARP refinance. If you are, we might still be able to get you out of PMI. Call (800) 343-7185 or fill out a QUICK, FREE QUOTE to see your best financing options.

Do I have to start over on a 30-year mortgage?

No. We have several HARP refinance options available. We can even keep your term exactly the same. Some of our borrowers choose to pay their current payment amount, which reduces the amount of time remaining on their loan.

Looking to Purchase or Refinance a Home?