just got a HARP letter from Wells Fargo

[racemize]

I was not expecting to get one--aren't these refinancings supposed to be for people who aren't making payments or are underwater?

 

Letterhead and everything looks legit.

[racemize]

and the guy was working late--apparently the only requirement is no second lien and not pulling out equity.  Personally, I would have helped out someone other than myself, but I'll take a full 1% off my rate at no cost.

[CONeal]

I was not expecting to get one--aren't these refinancings supposed to be for people who aren't making payments or are underwater?

 

Letterhead and everything looks legit.

 

Make sure you keep the letter.  You may have to present it later.  With BAC if you lost the letter you wouldnt get the reduction.  Think they made a person present it at some time.

[racemize]

Wells appears to be doing everything through the mail, so far really painless.  I think it takes about a month to complete though.

[alpha231616967560]

They've refinanced my loan twice (at their expense). Didn't cost me a dime and it was all through the mail. Struck me as a bit odd, but I couldn't see any reason to say no. Is what you were offered specifically HARP, or maybe just a customer retention strategy in the faces of dropping mortgage rates?

 

 

 

 

[racemize]

They've refinanced my loan twice (at their expense). Didn't cost me a dime and it was all through the mail. Struck me as a bit odd, but I couldn't see any reason to say no. Is what you were offered specifically HARP, or maybe just a customer retention strategy in the faces of dropping mortgage rates?

 

This one was specifically HARP. Like you, I couldn't say no, but it just seems odd as I need no help at all and there is a limited source of funds available for this. Now, I'm really going to have trouble justifying accelerating payment of my mortgage as it is at 3.75 percent (even lower with tax writeoff).