I am so far underwater on my house, it is not fannie mae or Freddie mac it is a 80/20 loan, I've done a loan mod, but didn't pay a

Susan, there are a couple of options depending on what you would like to do with the property. Call me so I can explain in detail. 916-765-9927

You might have options, but someone would need to review your complete loan profile in order to see if there is a way to help.. For this reason, I suggest you contact a LOCAL mortgage broker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Hi Susan, you may have some other options. I suggest speaking with a local loan officer or two and share your information with them to see what options you may have. Have you spoken with your current lender to see if there is anyway to modify the terms you are currently in? I would keep trying. Best wishes, Sean