Posted by: phillipsre | April 4, 2012

Good News for Rental Property Owners

With today’s low interest rates, we know many investors are dreaming of refinancing. Well, your dream may come true if you have a Fannie Mae or Freddie Mac mortgage! As of October 24, 2011, rental property qualifies under the Home Affordable Refinance Program!  Also, the loan to value cap has been removed for investors looking to refinance to a fixed rate mortgage.

To find out more information about this federal program go to: http://harp-mortgage.com/

If you are thinking of investing in a new property, please contact us!

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