HARP Mortgage: To be eligible for HARP: your original note date must be dated on or before 5/31/2009, with a loan-to-value (LTV) equal to or less than 200% of the current market value of your home. You must be current on existing mortgage payments and make sufficient income to support the new mortgage payments. Your loan must be owned by Fannie Mae or Freddie Mac. Metro Advisor Group, LLC must be participating with your Mortgage Insurance provider in order for you to qualify. *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. A tax advisor should be consulted for further information regarding the deductibility of interest and charges.
