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We are upside down in our mortgage of around 25,000. We have a variable rate that would be blocked for another year.We as a fixed interest rate, but can not refinance because the equity. Are there programs that help the govt when Fannie Mae or Freddie mac.All payment can not be, are being, and I do not want to pay to refinance.

2 Thoughts on What government programs available to refinance if your credit is not part of Freddie Mac or Fannie Mae?
  1. Reply
    Doctor Deth
    October 26, 2012 at 4:28 pm

    I don’t think there is anything available with that much negative equity – you’ll have a hard enough time finding an affordable fixed rate next yr with the neg equity

  2. Reply
    BuyingHelp
    October 26, 2012 at 4:50 pm

    You may want to check this URL below for further help on your query.

    http://www.first-time-home-buyer-solutions.com/mortgage-library.html

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