Did you close on your current home loan prior to or before May 31, 2009?
Is your home loan balance more than your home is currently worth?
Have you always made on time payments regardless of your home’s value?
Is your home loan owned by Fannie Mae?
If you are one of the millions of home owners who home faced massive home value depreciation, and you have continued to make timely payments, you could qualify for a home program known as HARP (Home Affordable Refinance Program). You can refinance now, even if you have been declined in the past, without adding costly private mortgage insurance (PMI) to your monthly payment.