I had a 80/20 interest only loan. 1st loan at 383,000 and 2nd at 96,500. I was underwater as the same amount as my 2nd.
My situation has changed now. I settled my 2nd loan of 96,500 for 12,500. The loan is now closed as paid in full. But my credit is reported as "Settled less than full". I have had no deliquencies. So now I have one loan at 383,000 which is where my value is. I maybe be at 105%, not sure but Zillow says the value is 390,000.
I am now trying to figure out if I have more options for refinancing. Do I have any options for refinancing?