It is possible to refinance a mortgage that has no equity?

Yes call me at 734-395-9027 and I'd be glad to qualify the question. Jack Cyrul

We offer HARP (FMOA on Freddie backed loans), HARP (DURP for Fannie backed loans), and FHA Streamline and VA IRRRL nationwide. Call us at 800 315 8803 to discuss your loan scenario in more detail. All of these loans can be used to refinance a home that has very little equity or is underwater, if the home was purchased during a certain time. We offer these loans on single family homes, 2 units (duplexes), 3 units (triplexes), 4 units (quad plexes), modular homes, MANUFACTURED HOMES, town homes, coops and condos. We are available 7 days a week at 880 315 8803. Thanks! Jamie Lynne, Lending Since 1989

It's still a possibility, there are a few programs that could accommodate your goal. The important thing is to make sure that the long term benefits outweigh any costs accrued and additional years added tot he life of the loan. Any bank will look at the Net Tangible benefits before approving the refinance. Good luck in your search.