HOME AFFORDABLE Refinance Programgo-summit.com/assets/SMC.HARP-17.GEN_.pdf · Not all applicants will qualify. This is not a commitment to lend. Equal Housing Lender. ˜pply Today!

A SOLUTION IS JUST A PHONE CALL AWAY!

Give Summit Mortgage Corporation a call today to find out if you’re eligible for a HARP loan refinance or to learn more about available options.

Call Today!

SUMMIT MORTGAGE CORPORATIONSENIOR MORTGAGE BANKERS

support@go-summit.comGo-Summit.com

PORTLAND 503.223.61664700 SW Macadam Avenue, Portland, OR 97239

VANCOUVER 360.433.027813115 NE 4th Street, Ste. 160, Vancouver, WA 98684

SPOKANE 509.443.3538157 S. Howard Street, Ste. 103, Spokane, WA 99201

The Federal Housing Finance Agency just announced that it’s

extending the Home A�ordable Refinance Program (HARP)

through December 31, 2018!

COMMON HARP Q&A’s

Q: Can I refinance with HARP if I have a second mortgage?A: Yes, you can refinance with HARP if you have a second

mortgage. However, in accordance with HARP guidelines, you

cannot combine your two mortgages in a cash-out refinance.

Q: Can I refinance with HARP even if I have no equity in my home?A: Yes, you can refinance your home with HARP if you have

no equity. That’s exactly the premise of the program!

Q: I was already turned down for HARP once. Can I applyfor HARP again?A: If at first you don’t succeed, apply again.

Q: Can I refinance my home through HARP even if it’s notmy primary residence?A: HARP 2.0 can be used to refinance homes of any

occupancy type.

Q: Can I use HARP even though I am not behind on mymortgage payments?A: The HARP refinance program is not meant for

homeowners who are behind or delinquent with their

mortgage payments.

Q: Can I use HARP even though my loan has privatemortgage insurance (PMI)?A: You can use HARP 2.0 for loans with existing PMI. This

is a change from HARP 1.0 and applies to loans with both

borrower-paid mortgage insurance (BPMI) and lender-paid

mortgage insurance (LPMI).

Summit Mortgage Corporation | NMLS 3236. This is not an o�er for extension of credit or a commitment to lend and is subject to change without notice. Certain restrictions apply on all programs. Complete guidelines, loan applications, interest rates and annual percentage rates (APRs) are available through Summit Mortgage Corporation. Licensed in CA by the California Department of Business Oversight under the Residential Mortgage Act. Questions and Concerns may be directed to support@go-summit.com, 4700 SW Macadam Avenue, Portland, OR 97239. www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/3236. Other restrictions or limitations to any program may apply. Not all applicants will qualify. This is not a commitment to lend. Equal Housing Lender.

Apply Today!

Do you owe more on your mortgage than what your home is currently worth?

Good news! Right now is an excellent time to possibly lower your monthly payments and benefit from a HARP loan refinance!

HOMEAFFORDABLERefinance Program