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Can I use HARP to refinance a 1st and 2nd on investment property with combined 100 % LTV?

Profile picture for GJ2012
I own 9 properties (8 investment, 1 personal residence).  Can I use HARP to combine 1 st and 2nd liens?  Could credit, but self-employed.  Still have equity, only 1 or 2 properties slightly underwater.
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February 09 - Midtown / Winn Park Capital Avenue
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Answers (1)

Profile picture for Courtesy Mortgage
No, HARP is only available to primary loans owned by Fannie Mae or Freddie Mac.    You won't be able to do anything with the 2nds but you might find benefit refinancing the primary loan with the 2nd agreeing to resubordinate.

HARP does not discriminate against the self-employed.
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February 09
 

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QuestionCan I use HARP to refinance a 1st and 2nd on investment property with combined 100 % LTV?
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