Can I refi with Harp 2.0 with lpmi?

Your problem is that you chose to use BofA. There are many investors that will accept the transfer of Lender paid MI. True, it can be a little more complicated, but the truth is the big banks don't want the hassle. All they want are the easy "cookie cutter" deals. Find a local Mortgage Banker/Broker in your area and work with them. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

Yes, but very few lenders will do it. I am a mortgage banker with Proficio Mortgage. Shoot me an email, I can help you. Jwallace@proficiomortgage.com

LPMI does not in and of itself prevent you from a HARP refinance, but loans with LPMI do present extra challenges because of how LPMI works behind the scenes. While it seems logical, large banks are usually not the best choice for refinances. Contact a local broker, who has not just the options of one bank, but the options of many lenders. www.HARP-Refinance-MN.com

Depending on your LTV, you may be able to have the new lender wrap in new PMI or LPMI. That may be your best bet. Thanks! -Joe www.hotratequote.com