There are a couple of different loans you can look into with Freddie Mac. One is a HARP loan and one is a HASP loan. These loans are available to people that, through no fault of their own, is falling behind on their mortgage because of the bad economy. I think you have to have missed some payments, but I’m not sure. I recommend you look up Freddie Mac on the internet, get their number, call them and see if you qualify. I talked to them and they are really nice. They should then be able to direct you to a bank near you that will help you have the paperwork to complete for the loan. I looked into this since I lost my job. I would have to go to a 30 year term at a 4% rate. I only owe 12 years on my house, but it’s something I have to think about to make my payments affordable until I find another job. Good luck.