2009 has been a year of new words. HASP means Homeowner Affordabilty and Stability Plan
This plan is for helping those with Fannie Mae or Freddie Mac loans. If you meet all the qualifcations, you may be able to refinance a high Loan to Value loan using guidelines not previously allowed at an attractive interest rate. Now is the time to call your current lender to see if you qualify for this program OR if an individual lender has any other program that may help you reduce your payments.