Is it possible to refinance 100% LTVI bought a house during the height of the housing boom in 2007 just in time to see the house value drop. I have been trying to refinance my house with little success. For the past 6 months I have been overpaying by $200/month trying to reduce the loan amount. For a $325k mortgage this is chump change I know. We have also done a lot of improvements which fortunately has kept the appraised value on par with the purchase price. May or may not be an issue, I am a federal employee who has been deployed to Germany. So I am renting out my house. Here are the stats,Credit Score 720+Mortgage Value $324~Interest Rate I/O 6.75%Approx. Home value: $320KNot VA, Freddie, Fannie mortgageHave never missed a payment or been late on a payment.Any suggestions or recommendations will be greatly appreciated.Thanks.April 19 2010 - US1YesReport 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.