Can i do a HARP loan on this scenario?Original purchase owner occupied in 2007 on 80-20 loan taken out at same time. The 1st is an interest only loan. Current status is rental home. With both loans combined, I am still underwater. Can I combine both 1st and 2nd mortgages into one loan under HARP?December 06 2013 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.