How can I refinance if home price is down

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miketood78
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How can I refinance if home price is down

Post by miketood78 »

How can I refi my mortgage if my loan is more than my mortgage?
weinbergm95
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Refiannce

Post by weinbergm95 »

You can't refinance if your home price is down and less then mortgage. The only choice you have is to modify your mortgage. And that can be done and save you money every month on your mortgage payment.
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jMacdouglas1
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Re: How can I refinance if home price is down

Post by jMacdouglas1 »

miketood78 wrote:How can I refi my mortgage if my loan is more than my mortgage?
That is tough. Modification can work. Using a counselor may work. Tough to refinance yourself though without help.
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