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loan consolidation under HARP 2.0

Profile picture for tperfito
Is there now the opportunity to refinance a 2nd mortgage under the new HARP?
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January 18 - Albuquerque
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Answers (9)

Profile picture for Georgia Loans
Ken, the OP asked about combining his 2ND mortgage which you didn't address, some may think you can combine the loans with your post about having unlimited LTV, which you cant. BTW, Zillow will be removing your contact information shortly as that is not allowed.  
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March 21
Profile picture for user411693
We can finance Unlimited Loan to Value for the new HARP 2.0.

Ken Burrows
[Website and contact information removed by Zillow moderator. Please see our Good Neighbor Policy for more information.]
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March 21
Profile picture for Courtesy Mortgage
tperfito -

You have to understand that Fannie and Freddie do not OWN those second mortgages.   HARP is to help THEM lower the default rate on high loan to value primary loans that they already own.   They have no interest in taking on additional risk beyond the current exposure.
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January 19
Profile picture for ktinnin1
Here is a link to an article regarding the HARP Program which will help owners who are underwater refinance their home at affordable rates and possibly keep them out of foreclosure or short sale. 
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January 19
Profile picture for Military Loan Expert
No it is not included.
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January 18
Profile picture for tperfito
seems strange, with so many having 2nd mortgages making them underwater, that 2nd mortgages were not included in the 2.0 improvements. 
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January 18
Profile picture for Bob Lowery
No, you can not refinance a 2nd mortgage under Harp 2.0.
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January 18
Take a look at our HARP FAQ and our HARP eligibility calculator.

Thanks,
Candace
Zillow Mortgage Support
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January 18
Profile picture for daveskow
dont think so - unfortunately
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January 18
 

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