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Looks like you did get some kind of gov funding at the time of purchase. You can do a streamline refinance for the 95% of the loan and subordinate the 2nd lien. You can also check if the value of the home is sufficient to combine the 1st and 2nd into one loan and do a brand new FHA loan. Check with a local bank or loan broker for details on the valuation.
If you have an FHA loan then you can do a FHA streamline mortgage. You don't need 20% equity to do an FHA streamline. If you didn't put any money down it sounds like you may have used a state bond program to finance the purchase of your home.Can you look at your settlement statement and look at the lower section on the left hand side it will show all your credits? Do you see a second mortgage listed as a credit? If you have a second mortgage and you aren't making payments on it it must be a soft or silent second. It's possible that US bank is saying they won't refinance because they have an overlay with their FHA product and won't refinance if they have to have a resubordination or they have a CLTV overlay.
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For Sale: $29,500
For Sale: $119,950
For Sale: $129,000