how soon can i refinance my fha loan 1st time home buyer programs with bad credit obama harp 3 program senators Wish to Make HARP Available to High-Equity Borrowers – While the newly revised home affordable refinance program (harp) includes several provisions aimed at widening the program’s reach, Sens. Barbara Boxer (D-California) and Johnny Isakson (R-Georgia).First time home buyers with Bad Credit – Lender411.com – First Time Home Buyers with Bad Credit By Sari R. Updated on 7/19/2017. Before, it was easier to find lenders who would give home loans to first-time home buyers with damaged credit. credit scores were ignored when applying for an FHA home loan in the past.FHA’s streamline refinance is a loan program with an expedited process for replacing a current FHA-insured loan. It can be completed without credit, income or employment verification and doesn’t require an appraisal. A home with a lower market value than what is owed on the current loan can still be refinanced through the simplified process.home refi with cash out 7 1 arm refinance rates fha 15 year fixed 7/1 ARM vs. 30-Year Fixed | The Truth About Mortgage – When shopping for a mortgage, it’s very important to pick a suitable loan product for your unique situation. today, we’ll compare two popular loan programs, the “30-year fixed mortgage vs. the 7-year ARM.”. We all know about the traditional 30-year fixed – it’s a 30-year loan with an interest rate that never adjusts during the entire loan term.