Why Don’t Banks Want Homeowners To Use This Free Government Program?
You do not have to settle for your current mortgage rate!
Over 3 Million Americans agree that refinancing with HARP saves money, and not surprisingly banks are on edge about it.
When homeowners first visited the LendingTree® official website they were pleasantly surprised to find out they qualified for a government plan that MorningFinance.com calls the “The Best Refinance Opportunity Of This Decade.”
These Savings Could Rival Your Best Investment
It’s easy to merely call something a good deal. But put these numbers into perspective: those of us younger than fifty are restricted to $18,500 in annual 401K contributions. Such a contribution would yield around $2775 in tax savings for the average American. HARP could save you $2400 per year-which could free up more cash to invest in your 401K.
While the HARP program saves the average American money that they can leverage for their 401k, this opportunity ends in December of 2018 so it’s essential to for you to take action now.
Quick Summary: Close to a million homeowners could still benefit today, but sadly, many perceive HARP to be too good to be true. Remember, HARP is a free government program and there’s absolutely NO COST to see if you are eligible. Instantly find out if you are eligible >>
The government is making a final push and urging homeowners to take advantage of HARP before the program ends. If lowering your payments and shaving years off your mortgage would help you, it’s vital that you act now. We were surprised that you may even take some cash out of your home to help you with bills, renovations, your child’s education, a vacation, or to start saving for retirement.
The Best Refinance Opportunity Of This Decade
The Fed wants the banks to cut your mortgage rate to put more money in your pocket so you can go out and spend, therefore boosting the economy. Here is the issue, the banks are hoarding money so tightly that Janet Yellen, the Fed chairwoman, may even investigate charging the banks for not lending you money.
How Does This Benefit You?
- The average savings is $291 per month. That’s enough to buy a brand new car!
- Homeowners could shave years off their mortgage and save monthly.
- Homeowners can even take cash out for home improvements, paying off debt, or paying for their children’s education.
Where Do I Start?
With many mortgage lenders and brokers available, it can take consumers hours to simply contact each one separately and request a quote. The good news is there are services that could help you save time and money by comparing multiple lenders at once. One such service is LendingTree, which has one of the biggest lender networks in the nation and what’s better is that they work with HARP lenders to provide consumers with a comprehensive set of mortgage options.
There’s no obligation to homeowners, and LendingTree offers easy and fast comparisons you could even do on your cell phone. It takes about three minutes, and the service is 100% free.
Here’s How You Do It:
Step 1: Get started by clicking the map below.
Step 2: Once you go through a few questions, you will have the opportunity to compare the quotes from multiple lenders!
1https://www.fool.com/retirement/2016/12/17/what-are-the-maximum-401k-contribution-limits-for.aspx
2https://www.fool.com/retirement/2017/03/04/whats-the-average-americans-tax-rate.aspx
