It sounds like refinancing might be a viable option for you. I work for a bank in columbus and lend all over Ohio. We have very low closing cost excellent rates and a wide array of programs. I would be more than happy to look into it for you and get you free estimates and scenarios so you can make an informed decision. Feel free to contact me with any questions!
Senior Lending Advisor
My suggestion would be to go to your local bank and see a loan officer. I doubt that a refi is worth the cost if you are going to sell in a couple of years. It all depends on how much of the loan is 7%, how much is 11% and what the closing cost would be and what your local real estate market is like. Good luck.