Conventional Sub prime with a first and second... Help we need to refinanceWE NEED TO REFINANCE!!!!We have the VA certificate. Our situation. We have a sub prime Conventional loan.Our first is at 6.95 and our second is at 11.75 Mind you the first is a interest only with a large balloon payment. In 6 years we have paid off a whopping 6000.We are stuck. Our loan right now is almost exactly at the value of the home.We just contacted the VA and they said we should be able to do a100 percent refinance. Is this true?We have had this loan for approximately 6 years and have never been late and have been going back and forth with our current lending to do something and well lets just say Bank of America is not very good and helping. We have had our house on the market for 7 months and nothing. We are constantly being told to stop making your payments and someone will listen. We don't want to do that. We barely make enough to make all of our payments let alone make extra payments on our mortgage enough to lower our balance. Any suggestions? September 13 2012 - Hooper00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.