
HARP 2.0 is a program that allows homeowners to refinance their mortgage even if they are “under water” meaning that they owe more than their home is currently worth.
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Don't Go Shopping for a New Home Before You Know Exactly How Much You Can Spend! You might have an idea of the loan payment and mortgage you can afford, but will the mortgage company feel otherwise?
It's always best to pre-qualify for a mortgage so you know exactly how much a financial institution would be willing to lend you.