Candace Asks: Dear Gina, I have a bad credit mortgage that I'd like to get out of but I don't think I can. I put 20% down when I bought my house but it's value has dropped so much that I have very little equity. Is it possible to refinance to an FHA home loan if your mortgage isn't with FHA?
Gina Says: It's possible to refinance a bad credit or sub-prime mortgage (or any conventional home loan, for that matter) if you follow a few rules...
"Patience and perseverance have a magical effect before which difficulties disappear and obstacles vanish."
— John Quincy Adams