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Help, I Must Refinance but I am Upside Down, can HARP help?
Help, I must Refinance, but I am upside down in my Las Vegas mortgage, can HARP help?  Please visit www.New-HARP-Refinance.com for the most current and up to date information regarding the revised HARP guidelines.
(Revised 11/16/11 with new guidelines and effective dates)
Many Las Vegas residents continue to reach out to me for help.  The common question seems to be "I owe more than my home is worth, can I refinance?" or "Can I still refinance if I am upside down in my Home Loan?"  
The current answer is there IS help on the way!  As of October of 2011, there was an announcement regarding the government's HARP refinance that may do better at assisting Las Vegas homeowners that need to refinance their upside down mortgage.
As you may recall a couple of years ago.  The government announced the HARP refinance to help homeowners that were upside down up to 125% of their homes value.  The problem was, by that time in Las Vegas, most of us had blown past that 125% value mark, so we were stuck with no help!
Starting in January of 2012, Fannie Mae will remove their 125% maximum limit on refinances on some eligible properties and more properties ... more

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