3 responses to “Refinance home mortgage for negative equity?”

• 

  AE Neuman February 10th, 2010 at 03:58

  DYLAN

  Can you get a bank to refinance your 450k loan for your 400k house?

  No. The Bank of North Stupid has gone out of business–the only ones left are the sharp cookies.

  Can you pay down your principle amount to 20% below 400k, then seek a loan at a great rate? Not likely, but that’s what you would have to do.

• 

  lender2you February 11th, 2010 at 15:23

  RODOLFO

  You have one option.

  First, call your lender(s) and ask to speak to someone in the Loan Modification Department. They should be able to help you get your
  rate(s) down.

  Please don’t fall for any of the Modification scams going on right now. Anything that they say they can do for you you can do as well directly with the Lender.

  Godd luck and I hope this helps

• 

  Faith February 15th, 2010 at 00:51

  CARLTON

  Mortgage refinance of a property is quite hassle free and usually a good idea to save money.Borrowers who find it difficult to meet their repayment obligations due to financial constraints opt for refinancing their property.

  There are various repayment options that can be chosen by borrowers and lenders mutually. Bi-weekly payments are one of the most popular payment plans among borrowers.Bi-weekly payments let borrowers pay off their mortgage refinance faster.