What is a DURP/Du Refi Plus loan?

DURP or Du refi plus (Desktop Underwrite Refinance Plus) is a HARP 2.0 loan product where you can refinance a Fannie loan that was initiated prior to May 2009, without loan to value restrictions (No Appraisal)... I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

It's easy to get confused (or lost) with all the crazy acronyms in the mortgage business. Simply stated, A DURP is a Fannie Mae HARP refinance. Fannie Mae uses the Desktop Underwriting program to automate underwriting. They also call their HARP loans Refi-Plus. So a DURP is a Desktop Underwriter Refi Plus Loan. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com 888-889-9950

It is just lender code for a HARP (Home Affordable refinance program)

DURP stands for Desktop Underwriter Refinance Plus. or is Fannie Mae's Underwriting System that will tell you whether or not your qualify for a Home Affordable Refinance Program loan. These findings from Fannie Mae's Desktop Underwriter tells your loan originator everything they need to know to help you qualify for a new home loan.

This a refinance program that Fannie Mae has rolled out to allow borrowers that have a current Fannie Mae mortgage that is underwater refiance. It has expanded guidlines that make it a little easier for people to qualify

It is just lender code for a HARP

My business partners needed FannieMae Guide Underwriting DU yesterday and were informed about a document management site that has an online forms library . If people are interested in FannieMae Guide Underwriting DU too , here's http://goo.gl/cL2az1