1st & 2nd - no equity

Do not qualify for HARP because LTV is too high and do not want to be late and try to qualify for HAMP. Freddi Mac owned and mortgage companies will not combine the 2 for the same reason (or refi the 2nd). 2nd @ 8%, 1st is decent @ 5.75%, but would like to get a decent rate on the 2nd. have excellent credit, no late payments. house is worth significantly less than what we paid for it 11 years ago. are there any options out there (beside short sale or foreclosure) or are we just stuck? by kanrod_478_858 from Nampa, Idaho. Sep 5th 2011 Reply