I owe 219,692.91 at a 6.5%. I need at least 220,000.00 to refinance at a lower rate. My credit score is fair.

We would need more info.. Currently, there are loan programs for borrowers with FHA, VA, USDA, and Conventional loans where the appraisal is not necessary, so the loan to value would not be an issue. but without knowing your current loan type, I cannot properly advise you. If you don't qualify for any of the refinance options listed above, then you would have to either put the necessary amount of cash to pay down your mortgage to an acceptable loan to value level, or you would have to wait until the property appreciates enough to meet the lenders Loan to value guidelines. 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. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

What kind of loan do you have? FHA, CONVENTIONAL?

Without knowing your loan type I cannot answer your question directly, but there are options. You can contact me directly for a free consultation.Bill NisbetBillnisbet@gmail.com843-412-3414

FIRST , what type of loan is this ? fha , va, conventional? private? I someone that I can refer you to in your state.. and where do you think your credit is at? you stated fair, any bk;s forclosures , short sales? you can email me privately at lwintersteen@mprousa.com linda