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Do I qualify to refinance my home?

The balance on my house is currently at approx. $221,700 and according to Zillow, it's approx. worth is at $204,000.  My current mortgage rate is at 5.5% and I was hoping to lower that. 

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October 08 2012 - Chino
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Answers (2)

Good Afternoon,

One more thing, if you have an FHA or VA loan presently there are refinance opportunities available if you are upside down in value.

Feel free to reach out to me for more information.

Thanks,

Paschal
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October 08 2012
If you have a mortgage that is owned by Fannie Mae or Freddie Mac, you may be eligible to refinance your home to a lower rate.  You may look to see if they are at www.fanniemae.com/loanlookup or www.freddiemac.com/mymortgage

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October 08 2012
 
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