Need to refinanceBought in 2007 for $275K with 5% down. Loan is an 80/15 with a 10 year balloon. Currently owe $243K ($27K of which is due as a balloon @8.375). I can't refinance because current value is $259K acc to Zillow. Great credit (Over 700) and never a late payment on a $1900/mo. mortgage. Bank says I need to be at 80% LTV, I can pay off 10K on the principal. Need optionsApril 17 2009 - Richmond0YesReport 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.