This article has been posted or a while and much of the material is still relevant but there is a new Fannie Mae Upside Down Mortgage Refinance Program that is available to many homeowners. I have 6 videos to show you how to set this all up for yourself. Stop by Refinancing an Upside Down Mortgage Link NOW!

Refinance your Upside Down Mortgage in California

You bought a home in 2003-2005 because prices kept going up and you were slowly but surely being priced out of the market!

The mortgage loan your received on the property was adjustable because that was an easy way to get the payment as low as possible. You got two loans because it was easy to qualify for and it seemed like the best option at that moment.

Time flies by and you look up and the Real Estate market is slipping and home values are going down. The equity you once had in your home is now gone and you notice that homes are selling for less than what you owe on your home. You then realize, YOU ARE UPSIDE DOWN ON YOUR MORTGAGE!

There was no real reason to panic initially because you could afford your payment and everything was fine then you realized, I HAVE AN ADJUSTABLE MORTGAGE.

That's when panic set in and you started to ask around for potential solutions to your problem.

You started by looking into a traditional refinance, only to find out that this wasn't possible! You called your lender to see what they had to say and you got the run around. Then you turned to the internet and started looking for answers!

Well I think you ended up in the right place.

Below you will find a list of articles I have written on How to Refinance Your Upside Down Mortgage

• I packaged everything together in one spot here at Upside Down Mortgage Help
• WATCH THE 6 FREE VIDEOS on Upside Down Mortgage Refinance HERE
  
• This first article is a great starting point. It has a list of most everything you need to know about qualifying for a refinance yet it is really just specific to the Hope for Homeowners Program. http://brentlane.wordpress.com/2008/10/14/upside-down-mortgage-hope-for-homeowners-fha-mortgage-is-the-solution/
• If the Hope for Homeowners program is of interest you will need to know more about qualifying and your debt to income ratio so read this: http://brentlane.wordpress.com/2008/11/04/hope-for-homeowners-calculating-your-ratio-to-qualify/
  
• This is a recent article that has a checklist for Refinancing Your Upside Down Mortgage and will come in very handy. http://short-refi.blogspot.com/2009/01/here-is-short-check-list-for-those.html
• If you have a first and second mortgage and you have upside down mortgages this article will come in handy: http://brentlane.wordpress.com/2008/07/02/turning-an-upside-down-mortgage-right-side-up-part-1/ and http://thelanegroup.blogspot.com/2008/06/turning-and-upside-down-mortgage-right.html
• This is the article google says is most important and ranks #1 or #2 on any given day when it comes to Upside Down Mortgage : http://brentlane.wordpress.com/2008/04/06/upside-down-mortgagegetting-your-bank-to-work-with-you/
• There is a new EBook that is coming out soon called "Coping with your Upside Down Mortgage" and here is a sneak peek! http://brentlane.wordpress.com/2008/12/02/coping-with-an-upside-down-mortgage-part-i/

A loan modification is rather standard in this day and time. A vast majority of lenders are aggressively pursuing this as an angle to save the portfolio of loans they service and keep them out of foreclosure. I was grilled in an interview that is posted at Loan Modification Help