Legal Question in Real Estate Law in California

It seems to me that if you have equity in your home and currently have sufficient income and credit rating, it should be easy as pie. In fact, you are presumably out of the modify-or-die category and have multiple options, including refinancing with a different lender, or selling at a net-cash-out basis. However, lenders' modification and work-out staffs may have marching orders to work on a middle category of cases, where the lender is neither able to refinance on his own, nor a financial basket case. I'd take my documents to a few loan brokers or lenders and see what they think about getting you a better loan by the more traditional route of refinancing. Your current lender should be approached about this too.