I am making less money than I was when i bought my house. Is there a program out there that can help me with getting my interest rate/ payments down? Is refinancing a good option?

Yes refinancing may be an option. Would love to have a 10-15 minute phone conversation. Please call Angelo at 704-248-8742

Much more info needed to answer your question, but in general.. it's possible that refinancing can get you some relief.. but you would still need to qualify.. The best advice I can give you is to contact a mortgage banker/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 a Banker/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 banker/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 big box banks. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893