Can we get cash out of our home even though underwater? :(

No. The property is the security (collateral) for the loan. No lender will do a mortgage when they know that a portion of it is unsecured. They won't go into a loan knowing that if you defaulted on the payments, they are automatically guaranteed they will lose money when selling your home at foreclosure.

It would depend on what is meant by "UNDERWATER". Certainly you need to have equity in the house to get approved for additional cash out.Sounds like you might owe more than the house is valued at?I would be happy to discus your options. You can call, or feel free to stop in my office. I am located in Green Bay.One option we could discuss is a home equity loan. There are a few ways to get funds for a Home Improvement without equity.

You most likely would not be able to cash out money on your home if you do not have any equity in the home. I would suggest visiting a local housing counseling agency for help. Here are a few: Neighborworks of Greenbay 920-448-3075, Catholic Charities Diocese of Green Bay, 920-272-8234, CCCS of Northeastern WI 800-366-8161. These agencies maybe able to help.

Can you take money out of your savings account when your balance is 0?

Nope, you need equity in ghe home to get a cash out mortgage: VA allows up to 100% LTV, every other type of option for cash out will allow 85- 90% max although some 2nd mortgages(usually at credit union's) will go to 95%

not out of your home, DO YOU own a business? how is your credit ? I can do business and personal cash lines .. yourloanparterforlife@live.com linda

The simple answer is no you cannot.

No- You will need equity in your property to take a cash out Refinance-Depending on how much and your personal credit profile, you may want to contact a local community bank and ask about a personal loan-