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Refinance your home loan even if you owe more than the value of your property.
What's new?
Fannie Mae has adopted changes to the Home Affordable Refinance Program (HARP) and you may be eligible to take advantage of these changes.
  • No underwater limits
    Borrowers will now be able to refinance regardless of how far their homes have fallen in value. Previous loan-to-value (LTV) limits were set at 125%.
  • Appraisals often not required
    Most homeowners will not have to get an appraisal or have their loan underwritten, making their refinance process smoother, faster, and less expensive.

How does this benefit me?
HARP is a federal government program designed to help homeowners refinance to fixed-rate loans with lower monthly payments. The program was recently expanded to help more borrowers who owe more than the current value of their homes. Even if your loan-to-value (LTV) ratio is greater than 125%, you may be able to improve your financial position.

Am I eligible?
If your mortgage is owned or guaranteed by Fannie Mae, you may be eligible to refinance your mortgage under the enhanced and expanded provisions of HARP. You can determine whether your mortgage is owned by Fannie Mae by checking the following website: . Please note that your existing mortgage does not have to be currently serviced by SAFE in order to take advantage of this program.

Can I refinance my existing home loan from another lender to SAFE?
Yes. You can combine favorable financing at SAFE and the benefits of HARP by refinancing your existing loan from another lender to SAFE.

How do I apply?
We're here to make home-ownership easier and more affordable. Schedule a free consultation or receive a free pre-approval today! Contact a SAFE Mortgage Officer at (916) 979-7233 or (800) SEE-SAFE, or apply online in minutes.

All loans subject to credit approval and membership eligibility. The interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for Federal income tax purposes. Consult a tax adviser for further information regarding the deductibility of interest and charges. Rates, terms, and conditions subject to change. Additional conditions apply. HARP financing available through 12/31/15.
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