Upside down by $20k. How do I refinance?

Sandy Mae, please call my mortgage specialist, John Crivea at 864-907-1089 to discuss your specific situation and create a financial strategy.

Congratulations on paying off the 2nd! It sounds like you continue to improve your situation after apparently a challenging period wherein you took the prefaced "hard hit" for a mortgage inquiry on your credit report.. It is not clear since we refer to an inquiry usually as simply a company looking into your credit report, but I suspect you received a derogatory indication regarding anything from late payments to a pre-foreclosure situation. If you are certain, even with having paid off the 2nd loan, your are still upside down by $20,000...then other than a loan modification I am not certain you have options. Did you attempt one before? it certainly would not do you any harm to discuss your situation with a licensed mortgage broker/banker experienced with both credit and value issues as suggested by Todd Glassman.