Zillow Advice: Loan Modifications - We have a first and second that are both set to ramp up shortly. http://www.zillow.com/advice-thread/We-have-a-first-and-second-that-are-both-set-to-ramp-up-shortly/436080/ Zillow Advice | Zillow Real Estate You are most welcome. &nbsp;You ... http://www.zillow.com/advice-thread/We-have-a-first-and-second-that-are-both-set-to-ramp-up-shortly/436080/ You are most welcome. &nbsp;You can check to see if your loan is eligible for the refinance Manuel referenced here: &nbsp;http://loanlookup.fanniemae.com/ and&nbsp;https://ww3.freddiemac.com/corporate/<br/><br/>If you get positive results, I would post your scenario on Zillow to get quotes from lenders or choose one of us here. &nbsp; Wed, 21 Mar 2012 19:09:00 GMT http://www.zillow.com/advice-thread/We-have-a-first-and-second-that-are-both-set-to-ramp-up-shortly/436080/ 2012-03-21T19:09:00Z Thank you all! This information ... http://www.zillow.com/advice-thread/We-have-a-first-and-second-that-are-both-set-to-ramp-up-shortly/436080/ Thank you all! This information is very helpful. Wed, 21 Mar 2012 18:51:00 GMT http://www.zillow.com/advice-thread/We-have-a-first-and-second-that-are-both-set-to-ramp-up-shortly/436080/ 2012-03-21T18:51:00Z Unfortunately not since you ... http://www.zillow.com/advice-thread/We-have-a-first-and-second-that-are-both-set-to-ramp-up-shortly/436080/ Unfortunately not since you are upside down.&nbsp; You can refinance the first&nbsp;through HARP if your first is owned by Fannie Mae or Freddie Mac.&nbsp; The 2nd will need to subordinate (stay in 2nd position).&nbsp;&nbsp; Have you checked with the lender in 2nd position to see if they are willing to convert the loan to a fixed? Wed, 21 Mar 2012 17:26:00 GMT http://www.zillow.com/advice-thread/We-have-a-first-and-second-that-are-both-set-to-ramp-up-shortly/436080/ 2012-03-21T17:26:00Z I only have rough numbers.&nbsp; ... http://www.zillow.com/advice-thread/We-have-a-first-and-second-that-are-both-set-to-ramp-up-shortly/436080/ I only have rough numbers.&nbsp; <br/>1st=$260,000<br/>2nd=$115,000<br/>Approx Value=$300,000 Wed, 21 Mar 2012 16:55:00 GMT http://www.zillow.com/advice-thread/We-have-a-first-and-second-that-are-both-set-to-ramp-up-shortly/436080/ 2012-03-21T16:55:00Z Yes, there are. &nbsp;What ... http://www.zillow.com/advice-thread/We-have-a-first-and-second-that-are-both-set-to-ramp-up-shortly/436080/ Yes, there are. &nbsp;What is the total of your loans and what is your home's value? Wed, 21 Mar 2012 16:44:00 GMT http://www.zillow.com/advice-thread/We-have-a-first-and-second-that-are-both-set-to-ramp-up-shortly/436080/ 2012-03-21T16:44:00Z