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How can I get my lender to lower my mortgage rate?

My Florida condo was financed through Countrywide which was bought out by Bank of America. BOA sold the paper to City Bank of New York. I am NOT a Fannie/Freddie/FHA/VA loan. I owe $7000 more than value. Any way I can get BOA (or any lender) to lower my rate from 6.78%? by nhdodg_305_160 from Sarasota, Florida. Apr 25th 2012 Reply


Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

Sorry, but you are not going to find any traditional refinancing options in today's market being upside down and NOT having a Fannie or Freddie owned loan.

Apr 25th 2012
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