Your will have to do a cash-in refinance where you pay down the balance. It still could be worth it and is worth having someone run the numbers to see that savings, you would want to compare FHA vs 5% conventional.
Lou Ann Carithers
Stellar One Bank
Mortgage Loan Officer
work: 317-633-0952 fax: 317-532-7901
toll free: -1-866-227-0242
Check these 2 sites and see if they do:
If either of them own your note contact me at your convenience and I can show you what your options are.
Elliott R. Oliva
Primary Residential Mortgage, Inc.
"Se habla Espanol"