April 03, 2012 11:00 ET

THE MONEY STORE Introduces HARP 2.0 Refinancing

With Competitive Interest Rates and Fast Turnaround Times, THE MONEY STORE Demonstrates Its Commitment to Consumers Nationwide

FLORHAM PARK, NJ--(Marketwire - Apr 3, 2012) - About four million Fannie Mae and Freddie Mac borrowers nationwide owe more on their mortgages than their homes are worth. Today, THE MONEY STORE®, a national lender with rates that are among the lowest in the country, announced that it is offering refinancing through HARP (Home Affordable Refinance Program) 2.0 on loans owned by Fannie Mae. Now, homeowners can refinance their homes, and get their mortgages with lower interest rates and quicker turnaround times than with banks.

On March 17, HARP 2.0 went into effect for Fannie Mae and Freddie Mac borrowers. Visit for additional information on HARP 2.0 and related refinancing services being offered by THE MONEY STORE.

"There is a lot of confusion around what exactly HARP 2.0 is and where homeowners can go to refinance," said Morton Dear, chairman of THE MONEY STORE and 40-year veteran of the mortgage industry. "We want homeowners, whether they're existing customers of ours or not, to know that we are here for them -- to help educate them on HARP 2.0 to see if they qualify and determine whether it makes sense, and if it does, help them through the process -- all while offering lower rates without the bureaucracy they would encounter if dealing with a bank."

Homeowners interested in receiving a free HARP 2.0 refinancing rate quote with THE MONEY STORE may do so at For a listing of states where THE MONEY STORE offers this service, please visit

For nearly 40 years, THE MONEY STORE® name, popularized by former Yankee spokesman Phil Rizzuto, has been synonymous with mortgage lending in America. The new MONEY STORE is revolutionizing the mortgage industry by fusing leading-edge technology and its signature "common sense" lending approach with rates that are among the lowest in the country. Just as the original THE MONEY STORE reduced the barriers to home ownership decades ago, today THE MONEY STORE is on the cutting edge of eliminating the mystery of home financing.

THE MONEY STORE is a registered trademark of MLD Mortgage Inc NMLS ID. 1019.

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