I own an underwater condo in CA, is it possible to refinance my Jumbo Loan?

Yes, assuming it is covered by FHA, VA, or HARP (Fannie or Freddie). Send me an offline message with more details and I can look into options for you after doing more research. Thank you!

Yes.. If you pay down your mortgage to 90% or below, you can refinance.. Also, if you pay down your mortgage to conventional loan limits ($417K), but if you're looking for a program that allows borrowers for jumbo loans to refinance when they're underwater, there is no such program, and there more than likely won't be.. Others might suggest you call your current servicer and inquire with them, however I will say that will be a wasted phone call and a waste of your time.. Values are going up, so if you don't want to short sell your home or do a loan modification, then you'll have to ride out the storm.. 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. 480-287-5714 WilliamAcres.com

There are currently no programs to refinance underwater JUMBO mortgages. Only certain Fannie, Freddie, FHA and VA loans qualify for refinancing regardless of LTV. Your only options are to pay down the balance to an acceptable level to conform to the current guidelines for your loan size. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

What type of loan do you currently have?

If your jumbo loan meets the jumbo confirming limit for the county it is in and the loan is owned by Fannie Mae, Freddie Mac, FHA or VA then you will have options. I welcome the opportunity to review your loan options and invite you to contact me directly at tim@mortgage-alliance.net or call at 888 345-2554 x.2226Kindly,Tim GrayMortgage Alliance Group

It should be OK. Send me some more details if you get a chance. I am local here in Tacoma. Take care,Kyle StancatoOwner2534606000

I would need more details. It is possible. I am local and I own the company. Take care,Kyle Stancato

Yes, if it qualifes for FHA or HARP. You can click on the image at left for my profile page and contact info.

You need to provide more details but it is possible to do a refinance on your iumbo loan.