Jumbo Refi - What are my Options?Original Loan: $850KLoan Balance: $805KCurrent Rate: 6.125%Current Value: ~$920-$890K per ZillowRefi rate: 4.0%-3.8%Add'l + $80K to get LTV below 80% What are my options? Loan is currently with BofA. Since I have a jumbo loan I don't qualify for any special programs. Have not gotten any success working with BofA directly.The only option they provided is a conventional refinance by putting another +$80K down to qualify for LTV. My credit is excellent and never missed a payment. Breakeven is roughly 4 yrs if put down the $80K but is that advisable? I've already put in ~$300K in principal & interest over the past 5 yrs.October 18 2012 - Danville00YesReport 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.