We went through a bankruptcy back in 2005 and the interest rate we got stuck with after that was 7.9%. Our LTV is a bit upside down, we keep our payments made on time, and our credit scores are just fine. I am self-employed which, as I understand it, does add some more stringent criteria when it comes to refinancing. With the interest rates being as low as they are now and all of these government programs available, it's very frustrating not having an option available to refinance. Our mortgage was recently purchased by OCWEN. I've not spoken with them about refinancing, but can't imagine they would be willing. Would love to hear some advice or recommendations as to what we may be able to do. All we really need is a lower rate. Thanks for any information you could pass along.