Burlingame, CA (PRWEB) March 22, 2012
With so several houses across the nation continuing to shed value, the government remains steadfast in its objective to make it less complicated for property owners to refinance. The HARP (House Reasonably priced Refinance Plan) plan, revised in October 2011 by the Obama administration, removed many of the harsh stipulations that caused the original HARP plan to be vastly ineffective. With the influx of certified property owners below the new HARP program (HARP 2.), the self-titled Mr. HARP is here to support underwater property owners (starting in California) finance their homes at a reduce rate.

So who is Mr. HARP? Mike Chiu has been a top award winning producer for 20 years in the mortgage lending industry. While several in the business have come and gone, he remains as committed as ever to doing the right factor. As Senior Vice President of BayCal Monetary, he is accountable for overseeing one of the largest mortgage brokerages in the San Francisco Bay Area. Due to the fact of this experience and the energy of BayCals 200+ agents, he feels confident that he can get property owners the lowest rate feasible with the HARP mortgage plan.

The satisfaction for me is the response I get when I tell individuals how considerably income I can save them on their month-to-month mortgage payments, says Chiu. Thats what makes me really feel very good about what I do.

The ease of the HARP two. system need to appeal to all homeowners. With the reduction in HARP program recommendations of the Loan To Value (LTV) limits, the elimination of the property appraisal and underwriting procedure, and the modification of fees associated with refinancing, most of the heavy work has been taken care of. Homeowners are not even required to make contact with the original lender of their present mortgage they can contact any mortgage brokerage or agent that they need.

How do home owners commence the process of refinancing their residence employing the HARP system? Home owners can go to http://www.mrharp.com to check their eligibility for the HARP refinance plan using the eligibility calculator to see if they qualify. Or they can basically call or e-mail Mike. After that, Mr. HARP will take care of the rest.

My business is all about client satisfaction and developing long-term relationships, says Chiu. Due to the fact at the finish of the day, its all about earning the trust of the client.





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