Dear OP, I quotes your statement above, “I need advice from all you CR experts out there”
I am deeply offended. This implies that some coffee room members may not be experts. Anyways I believe that if we are not experts, why would you be coming here for advice instead of going to a professional. The very fact you came here in the first place hows that you trust us with your most important decisions, such as those affecting your family and home.
Sorry I just had to get this off my chest. I do realize that you are no closer to knowing what to do about refinancing your home, after reading this!