What is a Home Affordable Refinance Program (HARP) loan?

OHecu is participating in the Home Affordable Refinance Program (HARP) to assist members in refinancing their mortgages – even if the member owes more than the home’s current value.  This program is designed to help members who are current on their mortgages and have lost equity in their homes due to no fault of their own.  These members may have an opportunity to refinance their home loan at today’s historically low mortgage rates.