We do participate in HARP 2. To qualify for HARP 2, the loan must be financed with Fannie Mae or Freddie Mac on or before May 31, 2009. The loan-to-value ratio must be greater than 80% and have a good payment history for the past twelve months.

A loan application and underwriting process are required, and refinance fees will apply. Rates are the same as for a traditional refinance. Current rates may be found on our our web site, on our Mortgage Loan Page: https://www.redwoodcu.org/products/personal/loans/home-loans

When you click on First Mortgage Rates, you are taken to the Loan Consultant. The Loan Consultant requires answering a few simple questions to get all the loan types and rates specific to your situation. You may apply online. Just click Apply for a home loan to get your application started. You are also welcome to apply at any branch. If you prefer, you may also apply over the phone by calling us at 1 (800) 609-9009.

For your convenience, here are direct links to Fannie Mae and Freddie Mac:

Fannie Mae: http://www.fanniemae.com/loanlookup/

Freddie Mac: https://ww3.freddiemac.com/corporate/

if you have further questions, please call us at 1 (800) 609-9009 and we will be glad to assist you.