If you are not behind on your mortgage payments but have been unable to obtain traditional refinancing due to the decrease in your home’s value, you may be eligible to refinance through the Making Home Affordable Refinance Program. HARP was design to provide you with a new, more affordable, stable mortgage. With HARP, the traditional equity position is no longer the factor that it once was as long as you currently have either a Freddie Mac or a Fannie Mae loan that was sold to either Fannie or Freddie on or before May 31, 2009 and cannot have been financed under a HARP program between March through May 2009. To qualify your loan to value must be greater than 80%; you must be current on your mortgage and have paid on time during the past 12-months. Although the program guidelines have lifted the prior ceiling on this program, be aware that Lender’s may impose limits lower than those listed on a HARP site due to Investor overlays. To see if you may be eligible for a refinance using the HARP program, you may access the following sites: www.fanniemae.com/loanlookup or www.freddiemac.com/mymortgage.