looking for financial solutions

[Trent M.]

Hi,

I currently decided to bail on the stock market well sorta. I sold around 100k of stock. While it was a very tough decision to make. I decided to protect myself some.

My current Bank won't allow me to refinance my loan into any type of fixed rate. They currently have me in a ARM loan.

I purchased my home from my grandparents in 2006 and I still believe I got a deal. I only owe about 76k left on my mortgage. My house is probably gonna be valued in the 200+k range, however it does need a lot of exterior work and a new kitchen. I'm estimating around 60k to fix up all the problems on the exterior and restore my colonial home. (windows, sidding, roof, gutters, shutters, landscaping)

What I was wanting to do is pay down my loan so that there was just 20k left of the mortgage and refinance it at a fixed rate.

The problems I don't have a lot of income history. So I have had to do everything unconventional. I have no debt at all.

I am still low income at the present time making around 10 dollars an hour. I was hoping there was some type of assistance that I could tap or some loop hole I could use that will help me in fixing up my home.

Does anyone know of a way that I could refinance without jumping through tons of huge hoops. I mean a 20-30k loan is a really low amount.