I can assist you will the refinancing the home, if you have equity line of credit account.

good morning....fha is the way to go....rate and term refinancing can go up to 97.75% ltv....and cash out can go to now 95% ltv....if there is enough equity to pull out cash...pay off the highest cost-per-thousand of your debt.....the back end debt ratio is what is most important and maxes out at 43%.but with relatively good credit, and perhaps some reserve money (althouigh not required) it can go higher...if you would like to talk.please call anytime, including weekends..best regards.bob mcclure- mortgage now- farmington, michigan..i am licensed in your state.and can close you in your own backyard.. (248) 974-4444....

Hi Idabonner, Refinancing in todays current conditions can be challenging, but may not be impossible. My first suggestion would be to contact the mortgage servicer where you send your payments. They will have interest in whether you are able to make your loan payments or not. It would definitely be a start. In addition our clients have seen success in refinancing though RLCA with Scott Sorin. He is local to Memphis and if he can't help you with the refinance he will be able to give you honest advice on the next step. His information is below. Hope this information is helpful to you...Lindsay
Scott Sorin, sbsorin@rlca.com, 901.202.5974 ext 4302

You need to contact a credit specialist (an accredited one) who can educate you on strategies for maximizing your credit scores and lowering some of your ratios. This will not be a magical wand and it will take effort on your part. In the Memphis area, one that comes to mind is Mid-South Credit Care. Their email is info@midsouthcredit.com and their # is 901-531-7075. This is completely legal and they follow the guidelines and rules set forth by the "Fair Credit Reporting Act". Try them.

Hello Idabonner,

Has any lender given you a scenario where you pay off some of that debt through the refinance? Check and see if that is possible. The lending market is tight these days. We are still dealing with the aftermath of the "Mortgage Meltdown" of 2007. Banks are dealing with too many Foreclosures and they are just much stricter than before. Don't give up until you have spoken to a few people.
Good Luck