If your second loan is purchase money, you may be able to combine the two loans using the HARP Program.

I haven't been able to find anything in the regs that allows this. Sorry.

I cannot find any information to support that. Sorry.

No... Doesn't matter if if was taken out at the time of purchase or taken out later. www.HARP-Refinance-MN.com

The HARP program does not allow the combination of the first and second mortgage (per the other lender's comments as well).Another option, depending no equity you do have would be to consider a FHA loan. You can refinance a Conventional loan to a FHA loan and combine the first and second mortgages up to 97.75%, provided that the second mortgage has been in place for over a year. The second mortgage can be a fixed second mortgage or a HELOC. If it is a HELOC there cannot be any draws greater than $1000 within the preceding 12 months.

Straight out of the HARP 2.0 guidelines Q&A section..."Can borrowers with a first-lien loan and a home equity line of credit or a closed-end second mortgage combine the first and second mortgages into the new refinance if the maximum LTV is not exceeded?No. Subordinate financing in the form of a home equity line of credit or a closed-end second mortgage may not be satisfied with the proceeds of the refinance mortgage. This restriction includes any purchase-money second liens that typically would be permitted under our standard limited cash-out refinance guidelines.The authority given to Fannie Mae by FHFA for refinances of existing Fannie Mae loans with expanded LTVs and MI coverage flexibility is specifically limited by FHFA as follows: "The refinance will not have a cash-out component, except for closing costs and certain de minimis allowances to cover items such as association fees, property tax bills, insurance costs, and rounding adjustments." I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

I agree with what the above lenders have pointed out. You will not be able to combine two loans into one using the HARP Program. You will have to get in touch with your lender and look out for normal refinancing where you can combine both the loans.