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How do I refinance if my loan was not backed by fannie mae or freddie mac.

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September 27 - US
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Profile picture for LoanModSpecialist
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Since September 2009

If you can't refi, you may need to look into a loan modification.  Here is some information on loan modifications if you need one http://www.callalms.com/blog/2009/home-affordable-modification-program-hamp/.
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September 29
Profile picture for Voyagemtg.com
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Since August 2009

Depending on your homes value vs. how much you owe, the most practical way to refinance would be going FHA. But the max they allow to borrow is 97.5% of home value. You might need to bring money in to cover the difference.
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September 28
Profile picture for Bryce P Johnson
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Since October 2009

I'm guessing you are asking this because your loan to value is higher than convention or FHA financing allow?

If this is the case, currently only freddie or fannie held loans are permitted to be financed over 100% ltv
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September 27
 

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