HARP Refinancing at Fifth Third

HARP Refinancing at Fifth Third. An option for people who thought they couldn't refinance.

If you're having trouble refinancing because the value of your home has dropped, you might still have an option. The government's Home Affordable Refinance Program* (HARP) helps homeowners in this situation. Been turned down before? The program continues to change so you may now qualify even if you owe more than your home is worth. Also, some mortgage insurance companies have agreed to transfer the insurance**...something not available before.

To be eligible for HARP:

  • You have to be current on your mortgage payments with no late payments in the past six months and no more than one late payment in the past 12 months.
  • Your existing loan had to close prior to May 31, 2009.
  • Your mortgage has not been previously refinanced under HARP.
  • The current loan-to-value (LTV) ratio must be greater than 80%.

Go to these websites to see if your mortgage qualifies.***

Contact Fifth Third to get your refinance rolling.

If you believe you may be eligible for HARP, give us a call at 877-841-7512 or stop by any Fifth Third location. And if you don't qualify, contact us anyway. We'll look for any solutions we can to help you refinance.

*Call us or refer to www.financialstability.gov for specific eligibility requirements and guidelines. Under this option, cash out is not allowed. This is not a pre-approval or a commitment to lend. 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 your tax advisor regarding the deductibility of interest.

**MI transfer may be available through MGIC, Genworth, United Guaranty and Radian at this time. Prices and programs subject to change without notice.

***The mortgage must be owned or guaranteed by Freddie Mac or Fannie Mae.

Prices and programs subject to change without notice. Loans are subject to credit review and approval. Fifth Third Mortgage Company, 5001 Kingsley Drive, Cincinnati, OH 45227, 1-877-841-7511, an Illinois Residential Mortgage Licensee, License No. MB 0005994, Illinois Commissioner of Banks and Real Estate, 122 S. Michigan Ave., 19th Floor, Chicago, IL 60603, (312) 793-3000. Licensed by the N.J. Department of Banking and Insurances and the California Department of Business Oversight under the California Residential Mortgage Lending Act. Fifth Third Mortgage is the trade name used by the Fifth Third Mortgage Company (NLMS #134100) and Fifth Third Mortgage-MI, LLC (NMLS #447141). Fifth Third and Fifth Third Bank are registered service marks of the Fifth Third Bancorp.

Disclosures

*Call us or refer to www.financialstability.gov for specific eligibility requirements and guidelines. Under this option, cash out is not allowed. This is not a pre-approval or a commitment to lend. 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 your tax advisor regarding the deductibility of interest.

**MI transfer may be available through MGIC, Genworth, United Guaranty and Radian at this time. Prices and programs subject to change without notice.

***The mortgage must be owned or guaranteed by Freddie Mac or Fannie Mae.

Prices and programs subject to change without notice. Loans are subject to credit review and approval. Fifth Third Mortgage Company, 5001 Kingsley Drive, Cincinnati, OH 45227, 1-877-841-7511, an Illinois Residential Mortgage Licensee, License No. MB 0005994, Illinois Commissioner of Banks and Real Estate, 122 S. Michigan Ave., 19th Floor, Chicago, IL 60603, (312) 793-3000. Licensed by the N.J. Department of Banking and Insurances and the California Department of Business Oversight under the California Residential Mortgage Lending Act. Fifth Third Mortgage is the trade name used by the Fifth Third Mortgage Company (NLMS #134100) and Fifth Third Mortgage-MI, LLC (NMLS #447141). Fifth Third and Fifth Third Bank are registered service marks of the Fifth Third Bancorp.