Is there any way i can refinance my house even though i am behind on my payments loan is a va home loan??

Georgetta
House is worth approx. 70-80 thous. more than price I paid for it.

Bethanie
Depends on credit score, many lenders will do it, they will just make you pay the behind amount from the refi amount/cash out amount.

Eleni
Yes - as long as you are not 120 + days late on your mortgage you can refinance, and get out of your current mortgage if that is what you are wondering. If yoiu are currenly in defult - more than what the VA allows - they will have you sign a NOD letter (Notice of Default), and possibly start forclosure proceedings on you. They may work with you, where you make a interest payment, and defer the payment onto your note - Say you have 240 more payments left - now you have 241 payments left. Call the Company who holds your mortgage (note), let them know the difficulties, see if they are willing to help you out. If not, than check into a refinance and if you chose to do that, than make sure it benifits you by # 1. Having yoiut broker do a work up on paying off your debit - high interest credit cards, etc...and #2. Making sure your payment is reasonable and that you can make the payment each month - If you refinance, you may be able to save 100 + more a month - by paying off debit - and in turn at tax time, you can list your mortgage interest paid, if you go long form. Good Luck.

Raymundo
I may be able to assist you, I am a mortgage broker who works with over 100 lenders nationwide and offer several programs that will fit almost any situation.I specialize in Re-Fi's, Purchases, Home Equity Lines and Home Owners Insurance. Please feel free to contact me Jcorreahq@yahoo.com I will go through everything with you and answer any questions you may have about the process. This is at no obligation to you and if nothing else will educate you on how everything works and what you qualify for exactly! I look forward to hearing from you! ~Joseph

Elisabeth
Yes, actually the VA will work with you to refinance your loan. They rather help you out than to own the property.Call the lender and tell them you want to restructure the loan or work out a payment plan.Regards