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HARP Loans

What is a HARP Loan?

The Home Affordable Refinance Program (HARP) was created to help homeowners refinance their mortgage even if they owe more than their home is worth. While the original HARP program ended in 2018, similar options exist today under Fannie Mae’s High LTV Refinance Option and Freddie Mac’s Enhanced Relief Refinance.

Who is Eligible?

Eligibility depends on specific guidelines set by the lender, but generally applies to:

  • Homeowners with High Loan-to-Value Ratios

  • Loans Owned by Fannie Mae or Freddie Mac

  • On-Time Mortgage Payments for the Last 6–12 Months

These options are designed to make monthly payments more affordable and improve long-term financial stability.

Features of HARP-like Loans

Refinance Without Equity

Borrowers can refinance even with little or no equity in their home.

Lower Monthly Payments

Reducing your interest rate can lead to immediate savings.

No Appraisal Required (in some cases)

Streamlined refinance options may waive traditional appraisal requirements.

Credit Flexibility

Past credit challenges don’t necessarily prevent qualification.

Possibility starts here

Get approved for your mortgage.

It may be hard to believe, but in just a few clicks, a new home or mortgage savings could be yours.

Apply Now

Client testimonials

What They Say About Us

Sarah M.
"Working with NEXA Mortgage was a game-changer. As a first-time homebuyer, I was nervous about the process, but they were so patient, explaining every detail and helping me find a loan that fit my budget. They truly made me feel like family. I’d recommend them to anyone!"
Kevin L.
"I was looking to refinance, but I’d been putting it off because of all the paperwork. NEXA Mortgage took care of everything and got me an incredible rate! The whole experience was straightforward, quick, and stress-free. I’m saving over $200 a month on my mortgage now!"
Luis G.
"I’d heard horror stories about mortgage brokers, but NEXA Mortgage changed my mind. They found me a great deal on my mortgage, and the whole team was responsive, friendly, and genuinely invested in helping me close on my dream home. I’m beyond grateful!"
Amy T.
"NEXA Mortgage turned what I thought would be a long, confusing process into a breeze. They answered all my questions, gave me solid advice, and were with me every step of the way. Thanks to them, I’m officially a homeowner! Can’t thank them enough."
Marcus J.
"As a veteran, finding a loan that respected my service was important to me. NEXA Mortgage guided me through every VA loan benefit, securing terms that worked for me and my family. This team knows their stuff and respects their clients – highly recommend!"
Jasmine H.
"I had some credit challenges, but NEXA Mortgage didn’t treat me any differently. They found options that other lenders didn’t and walked me through ways to improve my credit. Thanks to them, I’m a homeowner – something I didn’t think was possible!"