Can I refinance a underwater Freddie Mac Loan with LPMI under HARP 2.0

Yes... Just about everyone out there that is doing HARP 2.0 will do it if the MI company's certificate can transfer.. Some lenders deal with only a few MI companies, while others will deal with any of them... you should contact a LOCAL mortgage broker, not a bank or 50 states lender... dealing with the broker gets you access to numerous lenders at the same time, and they can shop for the best rates and lowest fees for your particular scenario..WilliamAcres.com

Yes we can help you. We offer the HARP 2.0 program for underwater Freddie loans with unlimited loan to value with LPMI. We can go down to 620 scores. Please give me a call and I can help you. 888-320-7888 www.MortgageWholesale.net - Ken

Ralph, the answer to your question is it depends. There are lenders who are willing to do the HARP refi of LPMI if it was setup as single payer MI. Most lenders also have relationships with certain MI companies and require the existing MI to have been insured by one of these MI companies. The question to you is was it single payer? And who was the insurance company? Then I can give you a definitive answer and help you get a lower payment.Great question!Steve Myers703-281-7575www.MetFund.com

We can help you with this..If our system accepts it we have no "overlays" as we say in the trade..give us a shot..We are Empire Financial Services 51 Monroe Street #1107 Rockville, MD you can call me at 301 915 5644 or email at speedlad@aol.com

As you are seeing with others here, you probably have options. It is surprising that BOA won't do it if they currently have the mortgage - but maybe not THAT surprising. They've really cut back on what they will do. Give one of us a chance to see what we can do for you if all the pieces fall into place.

I believe I can. I can get you a yes or no in 1 hours and a full approval in 48 hours 443-624-9398

Lots of positive feedback as you can see. This should be easy with another lender. B of A has been at war with the MI companies & with Fannie Mae & Freddie Mac for some time, so they aren't representative of what is available in the mortgage market as a whole. You should have no problems. Best of luck!

I would contact a local mortgage professional in your area. Freddie can be a little a little trickery than Fannie when it comes to approvals especially on the higher loan to values. You loan to value is not bad though so you should be in good shape.I only lend in Florida!