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Can I combine 1st & 2nd mortage through harp?

by judithdeming342 from West Lafayette, Indiana. Aug 18th 2014 Reply


Larry Gray (lgray_312_247)
#597 ranked lender in California - 1,139 contributions

No. Every harp loan that we have done from our branch that has a second mortgage...the second mortgage had to be subordinated.

Aug 18th 2014
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Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

NO, you can NOT combine an existing 1st and 2nd mortgage into one new loan under the HARP program. You can only refinance the first mortgage, leaving the 2nd mortgage as is. BUT, talk to a local mortgage broker for all your options. In MN, WI, and SD, visit www.HARP-Refinance-MN.com

Aug 18th 2014
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