LAS VEGAS, Jan. 19, 2012 /PRNewswire/ --The Mark A. Baker Team, an experienced mortgage origination firm, to launch new company website, www.NevadaHARP.com, to help Nevada homeowners determine if they qualify for the newly updated federal program known as Home Affordable Refinance Program (HARP 2.0). First established in 2009, the Home Affordable Refinance Program (HARP) was designed to assist homeowners in refinancing their Fannie Mae (FNM) and Freddie Mac (FRE) mortgages, even if the homeowners owe more than the home's current value.

"The HARP program can help many underwater Nevada homeowners refinance their mortgages.  It can be very confusing to find the information needed to see if you can even qualify, let alone going through the entire process with lenders.  That is why I decided to build the website to educate and guide homeowners in the process to improve their financial position," says Mark Baker, of The Mark A. Baker Team. "It's not even fully known how many people will qualify for the HARP 2.0 program, although it is a worthwhile cause to let the community know about it and hopefully our efforts will help guide qualified homeowners through what can otherwise be an arduous process."

The primary objectives of the newly revised HARP 2.0 are:

• To reduce the homeowner's monthly principal and interest payments.
• Reduce their interest rate and the length of the loan.
• Move homeowners from a more risky loan structure (such as interest-only mortgage or a short-term Adjustable Rate Mortgage / ARM) to a more stable structure (such as a fixed-rate mortgage).

Mark Baker, of The Mark A. Baker Team in Las Vegas, brings more than 12 years of experience in the mortgage industry and a comprehensive knowledge of the housing market in Nevada. Ranked as #1 Loan Originator in Nevada by Broker Magazine, Baker and his team offer services for homeowners that qualify to refinance their mortgage.

For more information on HARP 2.0 or to contact The Mark A. Baker Team visit www.NevadaHARP.com.

Media Contact:
Jennifer Polito/James Woodrow
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(702) 254-5704
JenniferP@preferredpublucrelations.com / James@preferredpublicrelations.com

SOURCE The Mark A. Baker Mortgage Team