Can I modify my existing Loan to lower tha I.Rate & payment?

You can refinance anywhere.. if you have 20% equity, and it's your primary residence, you don't need HARP 2.0 to refinance... The best advice I can give you is to contact a LOCAL mortgage broker, not the local "Big" bank, and certainly not one of those 50 states internet lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. 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

HI: MAY I ASK WHAT YOUR CURRENT INTEREST RATE IS? DEFINITELY CAN GIVE U A FREE ANALYSIS TO SEE IF IT'S FINANCIALLY REWARDING TO REFINANCE....CLOSING COSTS WE CAN ASSIST ALSO. MIKE 703 505 5300 (NMLS 754875)

You would be a gold mine to any banker just so you know. Do not sell yourself short to anyone. We do not lend in your state but feel free to contact us for a free consultation. My loan officers love to educate even if they don't get a deal.

When was the last time , or have you ever refied before?? You state that you have made 3 yrs of payments, so I am assuming that you have not .. Did you have any mortgage insurance from when you purchased? If you value is at 80%, there is no mortgage insurance I can give you a analysis on your homes value, very easily. My email is yourloanpartnerforlife@live.com so you do not have to post your address on here, and my website is listed where I post a picture.. I do not post up front pics. linda .

You should be able to refinance as long as your debt to income ratio works.