Zillow Advice: Mortgage Types - Any help for those wanting to refinance a second mortgage only? http://www.zillow.com/advice-thread/Any-help-for-those-wanting-to-refinance-a-second-mortgage-only/466425/ Zillow Advice | Zillow Real Estate I am sorry to say this, but ... http://www.zillow.com/advice-thread/Any-help-for-those-wanting-to-refinance-a-second-mortgage-only/466425/ I am sorry to say this, but the 2nd mortgage holder won't do a refi when you are upside down.  But, you definitely are not alone! Tue, 30 Oct 2012 01:35:00 GMT http://www.zillow.com/advice-thread/Any-help-for-those-wanting-to-refinance-a-second-mortgage-only/466425/ 2012-10-30T01:35:00Z