Mr. HARP Looks Poised to Become a Household Name Amongst Homeowners Looking To Refinance

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As the new HARP 2.0 program begins to gather steam, Mike Chiu is ready to help homeowners get lower rates on their mortgages.

Mr. HARP, also known as Mike Chiu, is here to help homeowners refinance their mortgages.

The satisfaction for me is the response I get when I tell people how much money I can save them on their monthly mortgage payments,” says Chiu. “That’s what makes me feel good about what I do.

With so many homes across the nation continuing to lose value, the government remains steadfast in its goal to make it easier for homeowners to refinance. The HARP (Home Affordable Refinance Program) program, revised in October 2011 by the Obama administration, removed many of the harsh stipulations that caused the original HARP program to be vastly ineffective. With the influx of qualified homeowners under the new HARP program (HARP 2.0), the self-titled Mr. HARP is here to help underwater homeowners (starting in California) finance their homes at a lower rate.

So who is Mr. HARP? Mike Chiu has been a top award winning producer for 20 years in the mortgage lending industry. While many in the industry have come and gone, he remains as committed as ever to doing the right thing. As Senior Vice President of BayCal Financial, he is responsible for overseeing one of the largest mortgage brokerages in the San Francisco Bay Area. Because of this experience and the power of BayCal’s 200+ agents, he feels confident that he can get homeowners the lowest rate possible with the HARP mortgage program.

“The satisfaction for me is the response I get when I tell people how much money I can save them on their monthly mortgage payments,” says Chiu. “That’s what makes me feel good about what I do.”

The ease of the HARP 2.0 program should appeal to all homeowners. With the reduction in HARP program guidelines of the Loan To Value (LTV) limits, the elimination of the home appraisal and underwriting process, and the modification of fees associated with refinancing, most of the heavy work has been taken care of. Homeowners are not even required to contact the original lender of their current mortgage; they can call any mortgage brokerage or agent that they desire.

How do homeowners start the process of refinancing their home using the HARP program? Homeowners can go to http://www.mrharp.com to check their eligibility for the HARP refinance program using the eligibility calculator to see if they qualify. Or they can simply call or email Mike. After that, Mr. HARP will take care of the rest.

“My business is all about client satisfaction and building long-term relationships,” says Chiu. “Because at the end of the day, it’s all about earning the trust of the client.”

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