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Refinance question

I have a house that Zestimate  =  $84,879. I owe about 80k on a traditional 30 year mortgage at a rate of 5.8% and I have excellent credit. Is there anyway to refinance this property without having 20% equity?
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November 05 2012 - Evansville
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Sure. The Zestimate™ is probably wrong, but even if it's correct - you can refinance by taking on mortgage insurance and -maybe- still be ahead of the game. 
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November 05 2012
One more thing Eric, check to see if your mortgage is owned by Fannie Mae or Freddie Mac.  If so, you maybe able to qualify for HARP 2.  The program is designed for folks specifically in your situation and may make sense for you.  MI is not required if you're not currently paying for it.  Best of luck.

https://www.knowyouroptions.com/loanlookup
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November 06 2012
 
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Refinance question
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Latest reply by Alex Munoz
November 06 2012 | 2 answers
  • Posted by EricBurgdorf
  • In Refinance
  • November 05 2012
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