Get Rmic Harp Modification Form

Completing the Rmic Harp Modification Form online is an essential step for users seeking to modify their mortgage loan under the Home Affordable Refinance Program (HARP). This guide will assist you in navigating the process clearly and effectively, ensuring that your submission is accurate and complete.

Follow the steps to fill out the Rmic Harp Modification Form online.

1. Press the ‘Get Form’ button to access the Rmic Harp Modification Form and open it in your document editor.
2. Begin with the 'Insured’s Information' section. Provide the name of the current borrower, co-borrower, and the insured's business name if applicable. Include the social security numbers for each borrower, ensuring accuracy.
3. In the 'Loan Information' section, enter the RMIC Master Policy Number, loan number, and both the property and insured street addresses, cities, states, and ZIP codes.
4. Proceed to the 'Changes' section. Here, you will need to enter the new lender loan number, valuation amount, and specify the closing or effective date of the modification. Update the new Loan-to-Value (LTV), Combined Loan-to-Value (CLTV), and credit scores if applicable.
5. Fill out the 'Modified Loan Balance and Payment Information.' Provide the new loan amount, interest rate, total monthly payment (PITI), and select the type of modified loan—either fixed rate or fully amortizing adjustable-rate mortgage (ARM). Include the new term of the loan in months and owner occupancy status.
6. If the loan is an ARM or has a non-fixed payment structure, complete the additional fields regarding index name, margin, adjustment periods, caps, and temporary buy-down options.
7. Lastly, review the certification statement to confirm that the information is true and correct. Fill in the submitter’s name, contact details, and provide an authorized signature along with the date.
8. Once all information is accurate and complete, save your changes. You can then choose to download, print, or share the form as needed.

Start filling out your Rmic Harp Modification Form online today to take advantage of the benefits available through the HARP program.