So, if I'm reading this right you just need to lower your interest rate, and are paying him $2200 to do it (refi)?? And not getting any cash out.. "Wow", brokers are something else, they always seem to get you when your down.
Just a warning is this refinance going to help you indefinatley or are you going to run into this problem again down the line?
I say this because my inlaws would refinance just to make it a year or so (I call it a quick fix) and in the end they ended up not being able to refinance anymore and lost everything. Is your current loan an adjustable rate? Make sure it is a fixed one this time, prefrably a 30-year fixed. But please do not just grab anything this guy is throwing at you if it is not going to help you in the future it is not worth it, I'v seen it happen MORE then once
I'm so sorry you are going through this, my prayers are going out to you..
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Candee, Bear, Daizy (in spirit, R.I.P) and Pepsi's mommy