i HAVE ABOUT 85% EQUITY IS REFI POSSIBLE?

Yes it is possible. What you need to do is find a lender who has the ability to fund loans in your states with great rates. Freedom Mortgage is a National Direct Lender and have great rates. Please email me directly for a FREE quote. adennie@fmbranch.com.

It also depends if this is a conforming loan amount or a non-conforming loan amount. .... Happy funding, Rudi

It is possible, but, as always, the "devil is in the details."

Yes you can but mortgage insurnace will be required an any loans over 80%. Rates have drastically improved so there is still a possibility that their is a benefit.

Yes, it is possible if your credit is okay and you show sufficient income.