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Profile picture for krisaka

Options for 1st and 2nd interest only mortgages, seperate banks... getting a divorce.... help

I purchased in VA in 2006 for 328,000.... We did interest only loans for 263,00 and 65,000 from 2 seperate banks. Right now the market is awful, and could maybe appraise for 270,000... I am in the process of getting a divorce and cannot afford the current payments. Where do I even start????
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June 16 2010 - US
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Profile picture for wetdawgs
Investigate the "making home affordable" options to see if you may be eligible. 

Or, consider a short sale.
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June 16 2010
 
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