Legal Question in Real Estate Law in Illinois

My condo mortgage is underwater. I refinanced last year using the government program. The rate was 5% for 15 years. The rate is now 2.75% and I would like to refinance again. But, I am told that the government program is not available to me nor is a regular loan. How can I refinance again?


Asked on 12/19/12, 10:10 am

1 Answer from Attorneys
Stephen Messutta

Since you've had your current program refi for less than 2 years you may only be able to do a conventional loan today.

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Answered on 12/19/12, 2:09 pm


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