Home Affordable Refinance Program Quiz

Think you won’t qualify? Been turned down before? Take our 30-second quiz to see if HARP might be right for you. Simply answer the questions below to see.

Find Out if You Qualify for HARP

My mortgage is owned by Fannie Mae or
Freddie Mac?

Contact your current mortgage company for other options.

See if your mortgage is owned by either: Fannie Mae or Freddie Mac.

My loan closed on or before May 31, 2009?

Your loan must have closed on or before May 31, 2009, to qualify for HARP. Check with your mortgage company for other options.

Use the Fannie Mae Loan Lookup Tool or Freddie Mac Loan Lookup Tool to determine the acquisition date.

I have little or no equity in my home?
(My Loan-to-Value (LTV) is greater than 80%)

To qualify for HARP, your LTV must be greater than 80%. Check with your mortgage company for other options.

I have had a good payment history on my mortgage for the past 12 months?

To qualify, you must have a good payment history for the past 12 months. That means having no late payments in the last 6 months and no more than one 30-day late payment from 6 to 12 months ago. Check with your mortgage company for other options.

To qualify, you must have a good payment history for the past 12 months. That means having no late payments in the last 6 months and no more than one 30-day late payment from 6 to 12 months ago.

This is my first time refinancing with HARP?

To now qualify for HARP—Your mortgage cannot have been refinanced under HARP previously, unless it is a Fannie Mae loan that was refinanced under HARP from March-May, 2009. Check with your mortgage company for other options.

To now qualify for HARP—Your mortgage cannot have been refinanced under HARP previously, unless it is a Fannie Mae loan that was refinanced under HARP from March-May, 2009. Check with your mortgage company for other options.

You May Qualify For HARP!

Yes
No

What to do if you qualify

If you qualify to refinance your mortgage through HARP, you’ll go through an application, approval and closing process (similar to when you got your original mortgage). A HARP Lender will work with you through every step, and will help determine if HARP meets your specific needs.

Step 1

Gather your financial information—Make sure you have your basic financial and loan information on hand when you call your mortgage company. You’ll need:

  • your mortgage statements, including information on a second mortgage (if applicable);
  • your other monthly debt payments (e.g., car or student loans, credit card payments); and
  • your income details (paystubs and income tax returns).

Step 1

Contact Your Mortgage Company and ask if they are an approved HARP lender. Or, contact a HARP Lender—Tell them you are interested in refinancing and you want to see if you qualify for HARP.

Use these helpful forms to help you prepare

It’s important to act quickly. As soon as you think you may have trouble making your mortgage payments or you think you want to refinance, contact your mortgage company to see if you are eligible for this option. If you need further assistance (before or after contacting your mortgage company), contact a Housing Counselor. Homeowners with a Fannie Mae-owned loan should contact one of our Fannie Mae Mortgage Help Centers. English and Spanish advisors are available, and all services offered by the Fannie Mae Mortgage Help Center are FREE.

What to do if you don't qualify

Visit our Refinance Overview for additional information and calculators that can provide you with general information regarding the possible benefits of refinancing. After you have gathered your financial information, contact your current mortgage and they will help determine the best mortgage option for your specific needs.

It’s important to act quickly. As soon as you think you may have trouble making your mortgage payments or you think you want to refinance, contact your mortgage company to see if you are eligible for this option. If you need further assistance (before or after contacting your mortgage company), contact a Housing Counselor. Homeowners with a Fannie Mae-owned loan should contact one of our Fannie Mae Mortgage Help Centers. English and Spanish advisors are available, and all services offered by the Fannie Mae Mortgage Help Center are FREE.

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