For more information about HARP loan eligibility please read review latest HARP 2.0 and 3.0 loan requirements here or for faster response call 888.709.4555 to speak with an Emery Federal Credit Union Loan officer.

All calls and HARP loan information are 100% free and unlike other banks and financial institutions  we “Never Charge an Application Fee!”



If your loan was issued before June 1st 2009 and is owned by either Fannie Mae or Freddie Mac you can qualify for a HARP loan.

If you are not sure if your loan is owned by either Fannie Mae or Freddie Mac then please call or fill out our “loan look-up” form and receive an answer in under 2 minutes.



 The good news is interest rates are at an all time low, the bad news is that they only can go up. Now is the time to find out if refinancing your home makes good financial sense before interest rates begin to rise.

Click on the link below to request more information regarding the HARP loan or call 888.709.4555 to speak with one of our loan officers.

Harp Refinance Application


Complete Home Affordable Refinance Program (HARP and HARP 2.0) Guidelines and Qualifications

The Home Affordable Refinance Program (HARP) was created to help underwater homeowners whose loans were guaranteed be Fannie Mae or Freddie Mac to be able to refinance at today’s current low interest rates. This loan program is also known as the Obama Refinance Program and the Underwater Homeowners Refinance Program.

Check HARP 2 Eligibility

The 8 Guidelines that must be met in order for a home owner to be eligible to refinance under the HARP 2.0 Program:

  1. The home owners current mortgage must have been purchase or guaranteed by Fannie Mae or Freddie Mac before June 1, 2009.
  2. The existing home mortgage cannot have been previously refinanced using the HARP Program.
  3. The newly refinanced HARP mortgage must provide a ’benefit’ to the home owner that includes: a lower interest rate, a lower payment and interest rate, a shorter mortgage term (15 yr. vs. 30 yr.), or a change from an interest only or adjustable rate loan to a fixed rate loan.
  4. The mortgage holder will still need to provide employment verification.
  5. All type of property are eligible to be refinanced under HARP: condos, townhomes, single family homes, even attached multi family between 1-4 units.
  6. Both owner occupied and investment properties are qualified to refinance using HARP.
  7. The new HARP mortgage loan will have to meet the conforming loan limits up to $625,000 depending on your county.
  8. HARP is now extended through 2015

Check HARP 2 Eligibility

Summary of the major changes from the first HARP to the HARP 2.0 Program:

  1. No underwater limits.
  2. Borrowers will now be able to refinance regardless of how far their homes have fallen in value. Previous loan-to-value limits were set at 125 percent.
  3. Eliminating appraisals and underwriting
  4. Most homeowners will not have to get an appraisal or have their loan underwritten, making their refinance process smoother and faster.
  5. Modified fees
  6. Certain risk-based fees for borrowers who refi intoshorter-term loans will either be eliminated or modified.
  7. Extended deadline


Latest HARP Loan News 2014

Do You Think You Have a Loan Backed by Fannie Mae or Freddie Mac but Can’t Find It?

Underwater homeowners who are feverishly looking for ways to refinance their home now have the opportunity to do this through the HARP Mortgage program.  The first step in determining eligibility is to see whether or not your loan is owned by Fannie Mae or Freddie Mac.

You can check on our site or go directly to Fannie and Freddie’s website.  Like many things in life, these databases are not perfect.  You may checked your property address against Fannie Mae and Freddie Mac’s databases, and were unable to find a match.

(Click to READ MORE…)

What could you do with an extra $337.91 per month?

Could use use more money every month for anything? Of course, you could. It’s a a rhetorical question for most people in this country. While it’s not meant to be cheezy or insulting, the question is really posed to help you take action with your families financial well being and save money on your home mortgage.

There are a couple very, very good government sponsored mortgage refinance programs available right now to homeowners that despite heavy publicity as still not being taken advantage of by many people who can benefit from them simply because they are not aware that they existed.

(Click to READ MORE…)

Should I wait for HARP 3?

Should I wait to refinanceThere is so much hype about Mel Watts being the new regulator of Federal Housing Finance Agency (FHFA) and the potential of him promoting a new HARP 3 program that many homeowners who are under water and should be refinancing today are getting caught up thinking that HARP 3 will somehow get them a lower payment than the current HARP 2 program.

The fact of the matter is that any changes made to the HARP program will only effect who qualifies and never effect your interest rate or monthly payment.

(Click to READ MORE…)

4 Easy Steps to Getting a HARP Loan

Most homeowners who are upside down on their mortgage are not aware how simple it is to refinance their home under the HARP program. Refinancing your home in the past used to be a lengthy and somewhat complicated process that more often than not would require $1000’s of dollars in various fees to get the loan closed.

Fortunately in today’s marketplace the entire process has been streamlined to 4 simple steps. The idea is to provide much needed relief in the shortest amount of time with the least out of pocket cost to the homeowner. Anyone who is has been considering refinancing their home should act sooner than later to ensure you receive an interest rate and payment that will make refinancing financially feasible.

(Click to READ MORE…)



Dustin Meshberger
Branch Manager
Mortgage Division NMLS#412459


New Highlights:

UNLIMITED LTV Loans with Fannie Mae/Freddie Mac which means that no matter how UNDERWATER you are, you are still eligible. Our team can also transfer all Mortgage Insurance companies.

We also have the ability to remove a borrower for any reason to qualify.

Call 1.888.709.4555

Click to see if Fannie Mae or Freddie Mac owns your loan:

Freddie Mac

Fannie Mae


How do I know if I qualify for a HARP loan?
How long does it take to close a HARP loan?
How do I know if Freddie Mac or Fannie Mae own my loan?