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Refinance options for non Freddie and Fannie jumbo loan

3 partners and myself have a 30 year 8.25% conventional jumbo loan with a balance of 377,000 dollars remaining on a Florida investment condo. The current loan is NOT Freddie or Fannie backed. The property value is well under the loan balance. All payments are current and timely. Our credit ratings are all good to excellent, but we would prefer to not invest additional money. What refinance options are available to us.
  • January 01 2013 - US
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Answers (2)

Profile picture for ElizabethKinder
We are in the same boat... not backed by Freddie/Fannie, no hardship, good income, not late and want stay in the house!
Any news on HARP3.?
I think that is our only hope.
  • January 14 2013
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Profile picture for StongateMortgage
Your balances appears to be lower than jumbo loan balances.
  • January 03 2013
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