Do I have any options to lower my rate on 30 yr fixed, 5.375% loan?My current loan is owned by FreddieMac and it was refinanced in Sept'09 (not HARP) so I was told I am not eligible for refinance under HARP. Are there other options like 80/10/10 or FHA that will be beneficial or should I stay put at my current loan?Also, if I opt for PMI, when the LTV comes down to < 80%, will I be able to refinance without PMI? Thanks for all your answersDecember 22 2011 - Glen Allen00YesReport 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.