<prompt> Human: I owe 67k one a home worth probably between 45k and 55k. Payment is 650 with a 7 interest rate. Im current on payments. I cannot get a modification done because Im not experiencing a hardship. It is not owned by Freddie of Fannie so many modification programs are out the window. What would you guys do?  <response>: Im not sure I understand the question OP. Are you TRYING to move or refinance the home? If not and you can afford it what is the issue here? 7 is high, but your actual loan amount is low; the cost to refinance may not materialize in savings for a number of years. I would try to pay down the loan as fast as possible and keep living in the home. A paper loss is not a loss until it is a realized loss; so take a deep breath. 