"Everyone who qualifies for an ArcLoan should get one!" - Jordan E. Goodman, America's Money Answers Man and author of 11 books on personal finance including Everyone's Money Book on Real Estate
"In the 30 years I have covered personal financial issues, the ArcLoan is the most innovative and consumer-oriented product I have ever seen. While most borrowers are suffering with mortgage payments that keep going up, ArcLoan borrowers aren't affected by rising rates and benefit when rates fall. In my case, my ArcLoan fell from the original rate of 7 3/4% to 4 3/4% in six steps over 3 years, and it will never rise from that level."
Has Your Value Dropped ? Are you eligible for the HARP program? Eligible borrowers who are current on their mortgages but have been unable to take advantage of today's lower interest rates because their homes have decreased in value, may now have the opportunity to refinance through the Home Affordable Refinance Program. Even if your home is "under water" (mortgage higher than the current value) you may be eligible to lower your current rate.