NEED help re-financing loan on a rental condoFannie Mae loan owned by Citimortgage with loan amount at $265,000. Condo (roughly) estimated at $250,000 in Huntington Beach. Condo has two bedrooms/ 1 1/2 bathrooms, 2 levels. Hoa is run by 4 owners at $175.00/monthly dues. This is our rental unit. Citi says they can't re-finance unless it has 20% equity. PLEASE help!!What would happen if we defaulted on this loan? We own our primary house.October 27 2010 - Huntington Beach00YesReport 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.