Even though it was a primamry residence when you bought it, it is no longer a primamry home. If your current loan is owned by Fannie/Freddie, you can still go up to 125%. Is your property truly a 2nd home, you have no renter residing at the property.

You would not qualify for the HARP program under the current guidelines if the occupancy status has changed. Has to be investment to investment, primary to primary, etc.

The answers previously provided may be correct. The HARP program is being revamped. There are new rules coming out later this month. Until those rules are published we won't know for sure if the occupancy requirements will remain as they are. It is possible that the new rules will allow for a home such as yours to qualify. Unfortunately, under the current rules it would not. It is anticipated that the new rules and their implementation date will be published on or about the 15th of this month. Check back in a week or so for clarification.

The Current HARP program is being overhauled, and guidelines will be release later this month. Under the new program, it might be possible to refinance, but until the guidelines are released, we wont know for sure. Contact a local mortgage broker, not a bank, and ask to be contacted once the details of the new program are released. WilliamAcres.com