Do I qualify for harp if loan balance is $112K, and appraisal is $130K ?I live in NM and have a rental property that has a mortgage at 6.675%. I have tried to refinance to lower my payment, but appraisal does not come in at enough to give me 20% equity. I also have PMI because I didn't have the 20% down payment when I purchased the property 6 years ago. My total PITI including the PMI is $978 month. My rental income is $1000 month, so that covers the payment, but I pay utilities of almost $300 month, and that is out of pocket. The mortgage is with Wells Fargo, and the local loan officer here for them isn't interested.March 27 2013 - Farmington00YesReport 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.