Why we don't qualify?Our current mortgage is a 30 year interest only at 7% loan. We owe about $285k and the house estimate value is $286k. we have a credit score over 780. How can refinance the home to a lower rate mortgage? We want to take advantage of the lower rate. Regarding Countrywide (BofA) , It seems that we don't qualify for any of the current plan to help home owners. Thanks,March 17 2009 - Phoenixville00YesReport 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.