Florida HARP 2.0 | Denied? Taking long!?

Denied for the HARP 2.0 refinance?  STILL waiting?


Back a few months ago, everyone rejoiced when they heard about the new HARP 2.0 underwater refinance program and how it would help millions and millions of people.  It’s been about a solid year of having the program available and most banks are still telling their clients… NOT SO FAST!

Tons of HARP 2.0 refinance applications are either taking several months to close or being denied by the banks altogether!  WHY?!  Well, we will tell you why and what YOU can do to take matters into your own hands.


Whether you have been ‘in processing or underwriting’ for the past 6-12 months (see HARP 2.slow) or whether you have been denied for the HARP 2.0 refinance, we CAN help! (and all you have to do is keep reading…not so bad, right?)

 “I’ve been denied for HARP 2.0 … what now?

Mortgage lenders are like tailored suits, not every one will be a good fit for you.  Just like any obstacle you may face in life, this one is better approached by first identifying the problem (why you were denied) and then finding a trustworthy lender to work with you on that particular issue.  Lets take a quick glance at some of the main reasons people are being denied at other banks for the HARP 2.0 refinance program and how Purchase Florida Mortgage can help:

Have you been denied because…

You have MI (mortgage insurance) on your loan currently?

Not all banks are created equal, and some of them simply WILL NOT work with your current mortgage insurance company.  If you bought your home with less than 20% down, you’re probably paying mortgage insurance and that can be a big time barrier for most lenders.

We have access to programs to refinance ANY mortgage insurance company, as long as they comply with HARP 2.0.  Apply HERE

|Related article on mortgage insurance and HARP 2.0

You are TOO upside down / underwater on your home…? (LTV too high)

Are we the only ones that believe an underwater refinance program should help EVERYONE that is underwater?  While most banks will deny your application if you owe more than 125% or 150% of the value of your home,

WE can HARP 2.0 refinance ANY LTV, it doesn’t matter how upside down you are!  Apply HERE

 |Related article on UNLIMITED LTV and HARP 2.0




“I’ve been waiting for MONTHS with my bank!? Can I switch?”

The HARP 2.0 refinance program is extremely popular, dare we say the most popular loan program since the dreaded ‘Option ARM’ loan (consider yourself lucky if you do NOT know what that is).  That being said, most banks simply do not have the time or human resources to help you efficiently.  Because they have such a high number of applications, they do not work as hard as they should on the more difficult ones because they take too long to review.  You deserve to refinance with a mortgage lender that understands your needs and appreciates your business.  If you do not feel like you are getting the service you deserve or you are getting the runaround from your current bank where you applied, please give us a call today at 888-648-0005 or fill out a rate quote request to get started right away.  It will cost you nothing to find out and can help you save everything.

THE BOTTOM LINE:  If you have been waiting for over 60 days on your HARP 2.0 refinance OR they are requiring an appraisal OR they keep changing your rates and terms, contact us today for a free review. 

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About the Author

Jason Gonzalez

Jason is a lifelong student of the mortgage industry that prides himself on his innovative ability to consistently find the best deals for his clients. With well over a decade of industry knowledge and experience, you can trust that he will help guide you in the right direction for your home financing needs. What separates Jason from everyone else is the fact that he cares so much about the people he helps, driving him to go above and beyond to make the dream of homeownership possible for all.

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