What is a 125% mortgage? Is that HARP ?
Yes, Mr Simpson, it is HARP, a program that allows you to refinance even if your home worth less than you currently owe. If your loan was purchased by Fannie Mae or Freddie Mac on or before May 31, 2009 and you are current on your payments (or with only one 30 days late in the last year, or six months), you...