Mortgage Programs

Welcome to my blog. I am a mortgage consultant for the second largest lending institution in the country. I have been a mortgage consultant for more than ten years and I have been apart of many lending environments. The days of the exotic loans such as 100 percent financing with no income verification and the ARM, adjustable rate mortgages are long gone and left in its wake millions of people who are upside down on their mortgage payments. However there are some options available to save people from forclosure. One program that was rolled out in the spring is called the HARP program. It stands for Home Affordabilty Refinance Program.