I am in need of refinancing my home. I have a pretty high interest rate of %5.2 and my payment now is a burden on my current regular income. Over the past couple years my work history has been unsteady and I tried to file bankruptcy, but I had money I inherited I had no idea about so I filed fire nothing. If I had known about this money I would've just paid my bills. I now have a derogatory mark on my credit file no reason. My score before this escapade was decent at 740. Now I'm at like 585. My mortgage is an FHA first time home buyer loan. Are there any options open through the gov? I have checked with my lender about refinancing, but with all the info they want I have a feeling they'll turn me down. Any input or info is much appreciated. Thanks.
Read more: Do I have any hope of refinancing?
