How to Refinance a Home If the Value Is Upside Down

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How to Refinance a Home If the Value Is Upside Down – This is a place for the community to provide tips and advice on How to Refinance a Home If the Value Is Upside Down. This topic was created by John Decker and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - What Can I Do if My Mortgage Is Upside-Down & My Lender Will Not Refinance?

Published: 9 years, 5 month(s) ago | Submitted by Trev Byrne | permalink

A long-time champion of homeowners in tough economic times, the Department of Housing and Urban Development (HUD), and its agency the Federal Housing Administration (FHA), have expanded resources for ...

For further reading: http://homeguides.sfgate.com/can-mortgage-upsidedown-lender-not-refinance-41393.html ^[1]

Tip 2 - How to Refinance an Upside-Down Mortgage

Published: 9 years, 5 month(s) ago | Submitted by Arlene Hunter | permalink

Year after year, home values continued to rise at unprecedented levels. This, combined with loans that relied on the increasing values of homes for security, created situations where many homeowners ...

For further reading: http://homeguides.sfgate.com/refinance-upside-down-mortgage-2090.html ^[2]

Tip 3 - Can I Refinance for a Lower Interest Rate With an Upside Down Mortgage?

Published: 9 years, 5 month(s) ago | Submitted by drfaust | permalink

The real estate crash of 2006 to 2008 left many homeowners with mortgage loan balances greater than the value of their homes. By 2010, mortgage rates had fallen to record lows, but it was difficult ...

For further reading: http://homeguides.sfgate.com/can-refinance-lower-interest-rate-upside-down-mortgage-8951.html ^[3]

Tip 4 - Who Is Refinancing Upside Down Properties Not Owned by Fannie Mae or Freddie Mac?

Published: 9 years, 5 month(s) ago | Submitted by Lawrence Shellaby | permalink

If you have an upside down property, you can probably refinance it if you qualify for a loan. Fannie Mae and Freddie Mac both have programs that refinance upside down mortgages. If they don't own ...

For further reading: http://homeguides.sfgate.com/refinancing-upside-down-properties-not-owned-fannie-mae-freddie-mac-86947.html ^[4]

Tip 5 - USAA Military Home, Life & Auto Insurance | Banking & Investing

Published: 9 years, 5 month(s) ago | Submitted by Jeff Woodall | permalink

With competitive home, life and auto insurance rates, as well as convenient online banking and investment services, USAA proudly serves millions of military members and their families. Get a free home, life or auto insurance quote now.

For further reading: https://www.usaa.com/inet/pages/advice-home-upsidedownmortgage ^[5]