upside down in my mortgage, balance $456,800. was appraised at $399,900. credit is fair to good (650) and I have no other debt. income is with the same employer for 12 years, $40/hr full time. by joehall477 from Londonderry, New Hampshire. Dec 10th 2019
Hi Joehall....that is not an easy answer as your credit score is actually just mediocre...good would be 680-720....etc...so you will be hit on the rate for sure and again, any new loans will only add to the debt ratio....I am curious as to why you did not do a HARP refi the last few years, that would have been the way to refi with the value as it is. That program ended but you may be eligible for a streamline refi with your current service provider, regardless of current value...you should at least look into that....not sure what else I can suggest...best of luck
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