HARP denied because of modification on other property

This definitely sounds like a lender overlay. Contact a local Mortgage Banker/Broker, rather than one of the big banks or big national mortgage factories. Unlike a bank employee, who is most likely just an order taker, a Mortgage Broker/Banker is Trained, Tested and Licensed in all aspects of Mortgage Origination. He/She will have access to loan products of many lenders, not just those of one bank, and can properly guide you. But more importantly, He/She is trained to take a look at the various different options available to you and guide you into the one that makes the best sense for your situation. Although I am not licensed in Utah, NOVA is. Give me a call and I'll connect you with our Utah specialist. Don't forget to check out your selected Mortgage Originator at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com 888-889-9950

Not true... In some very, very rare occasions, the credit report might show in the derogatory section that a mortgage has been modified, and if that's the case it could adversely affect your credit. if that loan was delinquent and it caused your score to drop, or you have multiple rentals, DU or LP might not approve you for those reasons as well.. But my guess is that your trying to use your current loan servicer.. and that's a mistake... if you want to know for sure, you should 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 might have a way for you.. please email me at yourloanpartnerforlife@live.com

That sounds like a lender overlay. My guess is you got an expanded approval or something, and the lender just didn't do those within their own program. I'm a broker here in Salt Lake and have a couple resources that underwrite to the actual guidelines. I'd need a little more information from you, but would be happy to look at it for you. Give me a call at 801-918-9385 or email me at brett@homeloansinutah.com.

Doesn't sound right, contact a local mortgage broker and he can shop around many lenders for you....Good luck

A lot of banks look at loan modifications the same as a foreclosure as far as allowing you do do a refinance or another purchase. In which case those lenders would require you to wait 3 years from the date of the loan modification.

call or email me .. i have someone that can help you i do not make any money by referring , but it is the right thing to do . yourloanpartnerforlife@live.com linda 602-330-1598 its known as karma and pay it forward..

Contact someone else. A prime clue to the "denial" are your words "my lender". That particular lender has a previous "loss" on the modification and simply isn't interested in you anymore. A modification in and of itself is not a reason for denial on a HARP loan. Assuming everything else is OK, you should be successful with a HARP loan with another lender. Words to the wise? Avoid the big banks. Contact a local NON-BANK and licensed loan officer for assistance. In MN or WI, visit http://harp-refinance-mn.com

My firm has complete over 4000+ mortgage modifications nationwide - question how you got a HARP modification on an investment property? Prior to a couple of months ago - modifications on investment properties; banks were only restructuring, putting arrears at the back-end of the loan with no reduction of the interest rate. If you bank is telling you this, is probably is an excuse you will believe, I am willing to bet if you got legal assistance. Within one week they would be calling you, saying "Oh you don't need an attorney, we can help you"...... Understand you bank is the biggest bill collector out there, they will do or say anything to make profit off of you!!!! First you need to determine who your investor is - Fannie or Freddy. If if it is another investor, then you would to pursue an in-house modification with your bank (who is servicing your loan). Contact me if you need help.