HARP after Loan Modification is that possible

One of the guidelines to HARP is that your loan was "purchased" by Fannie or Freddie by June 30th 2009. That "modification" is considered a new transaction and therefore doesn't fit into the rules. And/or Joe's comment regarding just being denied due to the MOD.

Contrary to widespread popular belief, HARP refinances are not automatic. I have been unable to find any great documentation for the exact reason, but you are about the 20th person I've been made aware of that is being denied a HARP refinance because of a previous modification.

Wells Fargo and other major banks are always much quicker to turn away people, I would suggest trying a broker and having him/her look in to your situation. Usually if it doesn't show on your credit, you should be able to still refinance. It's always much smarter to try a broker first, as they are able to look at various lenders for your situation and usually are more willing to work with you in order to qualify you as they only get paid when they are able to successfully service a loan.To see whether or not we can help you, feel free to fill out an application here: applynow.prospectfgi.com

Well... that's your first problem.. You don't want to go back to the same lender ... There is nothing in the guidelines that state a Modified Loan will not qualify... that being said, many of them are being turned down.. it might have more to do with the lower credit scores than the modification itself.. in your scenario, it wouldn't be considered a Loan Modification, in the 2012 definition, since they didn't reduce the principal, they didn't lower your rate, and they didn't extend the term... they just added 3 payments to the end... The best advice I can give you is to contact a LOCAL mortgage broker, not the local "Big" bank, and certainly not one of those 50 states internet lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. 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. 480-287-5714 WilliamAcres.com

I agree with William... Your first mistake was talking to them instead of working with a Mortgage Banker/Broker. The big banks and national mortgage mills are only looking for the simple "cookie cutter" HARP loans. If you don't fit their mold, too bad. My advice is to contact a local Mortgage Banker/Broker. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com