OK.. I will give a more in depth answer... HARP was revised, and now you can go over 125%, and there is a likelihood that your appraisal will be waived. First step is to determine whether or not your loan is owned by Fannie/Freddie. If it is, the possibility exists that you can do the HARP program.
If you CAN income qualify, you dont want to go with your servicer. They can do the loan "streamline" which means no documentation, but their rates will be up in the high 4s. If you CAN income qualify it makes more sense to go with someone like me that can take you directly back to Fannie/Freddie and get you in the high 3%s.
I do about 15 HARP loans per month, along with my purchase business. Let me know if I can answer any questions for you... I dont care who you go through, I am here as a resource if you need me.