How to Refinance a Mortgage with No Equity

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Tip 1 - Can I Refinance My Mortgage If I Have No Equity in My House?

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

Homeowners can take advantage of low mortgage interest rates by refinancing their home loans. Depending on the mortgage size, a homeowner can often save more than $100 a month by shaving a point off ...

For further reading: http://homeguides.sfgate.com/can-refinance-mortgage-equity-house-2110.html ^[1]

Tip 2 - Make your tough refinancing work with an FHA loan | Interest.com

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

Qualify for an FHA loan with little or no equity, lower credit scores and more debt. Find the top mortgage rates on Interest.com!
Tags: fha loan, bankruptcy, credit score, mortgage insurance

For further reading: http://www.interest.com/fha-loans/news/make-your-tough-refinancing-work-with-an-fha-loan/ ^[2]

Tip 3 - Refinance Your Mortgage (Even If You Have No Equity)

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

This is a continuation of my series about knocking out those financial chores you may be putting off. You can read Part I here. If you haven’t taken advantage of low mortgage rates and refinanced your mortgage, you’re probably running up against one of these three hurdles: low credit scores (which [...]

For further reading: http://www.forbes.com/sites/moneywisewomen/2011/02/03/refinance-your-mortgage-even-if-you-have-no-equity/ ^[3]

Tip 4 - Underwater with Two Mortgages? Here are 5 Ways to Refinance

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

If you’re looking do refinance an underwater mortgage and are having trouble because you have a first and second mortgage, here are 5 options.
Tags: underwater mortgage options, refinance first and second mortgage, mortgage refinancing, mortgage options, mortgage help

For further reading: http://www.houselogic.com/home-advice/refinancing/refinance-underwater-mortgage/ ^[4]

Tip 5 - How to Refinance Without 20 Percent Equity

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

Most mortgage lenders require you to have 20 percent equity in your home before they'll approve you for a refinance. But if your home lost value after you purchased it, you might not have this ...

For further reading: http://finance.zacks.com/refinance-20-percent-equity-6824.html ^[5]

Tip 6 - Can't Refinance Under Making Home Affordable? Try This.

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

I received this question yesterday from Larry, in response to my blog Want to Refinance Your Mortgage? Home Loan-to-Value Ratio May Climb to 125 percent. (I've edited the question a little for clarity.) Ilyce: What options does someone whose mortgage is not owned or securitized by Freddie Mac...

For further reading: http://www.cbsnews.com/news/cant-refinance-under-making-home-affordable-try-this/ ^[6]