Generally, they are willing to take more of a risk than convensional lenders, and of course, will adjust the terms accordingly. That is, may increase the interest rate or adjust the length of the loan, or request a higher equity position.
Just a thought.
You have a couple of options. It depends if you have some U.S. Immigration Status or not. If not, you can do Private Money or a Foreign National Program. Either way it based on the equity position of your property.
Best of Luck!
We have an outlet for a foreign national refinance at a 50% loan to value (LTV) if that will help you.
Please feel free to contact me if you have any questions on this.
All the best,
Roswell Moore, CMPS
Certified Mortgage Planner
We are a Direct Lender, Mortgage Bank where we originate, process, underwrite and fund FHA (w/a 580 score), 203k, 203k, VA, USDA, Jumbo, Conventional, loans to Canadians, Australians & other Foreign Nationals, on time. NMLS ID 263779 | AZ BK 0903725
With the address of your home a real estate professional can calculate a statistical value for your home. This should provide a guide regarding the possibility of refinancing.
Contact an agent in the area in which your home is located and request a home evaluation for refinance purposes. The real estate agent will be able to refer you to a lender most able to meet your needs.
please see my blog for a list of tips and advice for getting a mortgage