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Reply to "Refinancing while "under water""
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[quote=Anonymous][quote=Anonymous]We have called numerous places to try and refinance with the "help" that is supposed to be out there. Unfortunately, we've had no luck. Anyone else had luck refinancing with a mortgage that is under water. Our mortgage is with Bank of America (which could not POSSIBLY be less helpful!). We have never been late and both have good credit. We just bought at a lousy time. Thanks in advance![/quote] Does Fannie Mae own your mortgage? Does Freddie Mac? If Freddie Mac does, they have a limited list of lenders that they work with--search their website for this. [/quote]
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