GTE Can Help You Save With HARP

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Lowering Your Mortgage Payment Is Possible with HARP

GTE Financial isn't a big bank lender; we're a not-for-profit credit union that believes in doing the right thing for the Tampa Bay communities we serve. We want every homeowner to know that loans and programs DO exist that can save them money!

Two big things right now:

1. Rates are still low! GTE offers a number of smart loan options at great rates that could decrease your payment.

2. The Home Affordable Refinance Program is here...but for a limited time!

  • YOUR LOAN DOES NOT HAVE TO BE WITH GTE FOR YOU TO APPLY WITH GTE!
  • The Home Affordable Refinance Program, also known as HARP, is a government program that allows homeowners who are current on their payments to lower their rate, even if the home is underwater.
  • Without this program, it was almost impossible for someone to refinance if they owe more than the home is worth; a common problem in today's economy.
  • HARP is REAL opportunity to save; GTE has helped over 1800 homeowners refinance with HARP - that's more than $77 Million in savings!*
  • All you have to do is check to see if your loan qualifies for HARP, which you can easily do online, and then apply with GTE for a HARP loan.
  • It costs you nothing to apply with GTE.
  • Anyone can apply; even if you are not a current member.

HARP is not a hoax - it's the government's way of helping to keep residents in their homes!

Ready to Save?

*GTE is an equal housing lender. Savings calculated based on average savings of $42K per loan over 30 years; the 1,827 members could save up to $77M in interest. For additional details, visit the official program website, www.makinghomeaffordable.gov. Only applies to first mortgage products. Mortgage payments must be current and no record of late payment within the last six months, and may only have had one late payment maximum over the past 12-month period. Current mortgage loan-to-value ratio (LTV) must be higher than 80%. Mortgage must have been sold to or guaranteed by Fannie Mae on or before May 31, 2009. Mortgage must not have already been refinanced through HARP in the past, unless it happens to be a Fannie Mae loan that underwent a HARP refinance between March and May 2009. Harp II program runs through December 31, 2013 and requirements are subject to change based on final program guidelines.