can i refinance my mortgage even though it's...

[monique m]

...in foreclosure?

[evensonhimself]

probably not, if your in forclosure your going to have a lot of 30 day lates on your mortgage and probably too low of a credit score because of that.

[JR_FL]

Depends on the value vs what is owed. If you have an LTV of 65% or less you can get an hard equity loan. If you are in Florida I have a few sources. The thing is that it must not be a homestead property for my lender contact.

[lisannem]

Where are you located? Why are you delinquent (was the delinquency caused by an increase in your monthly payment on an adjustable rate mortgage)? What is your home worth? What is the total required to bring your loan current? You may qualify for an FHA Secure Mortgage. Please contact me.

[chuckg]

The main catch is foreclosure bail out loans are usually 65% LTV or less and have high costs and interest rates which may just put you back in foreclosure. But on the other hand if your circumstances have changed like a better job or back to work the new mortgage may save your home while you are getting back on your feet again.