What would be my best option to obtain a mortgage with a foreclosure?Here is my situation and I am hopeful that someone here can provide a positive solution - A few years ago, my wife had lost has job. By the time she got another job (2/09) after about 3.5 years, our finances and credit were in shambles and we had used all kids' college savings, etc and had to file for bankruptcy in August of 2009. After this, things were okay until our second child started college and it is impossible to get a parent loan with a bankruptcy so I started paying college bills by delaying mortgage bills. At this point, our current house is in foreclosure (and worth about $150,000 less than what is owed on it) and the bank informed us on Wednesday that they won't modify the loan and while I have advised my attorney of this, I am looking at the following options if this house is foreclosed:1. Rent a home?, OR2. Buy a home under my daughter's name? OR3. Is there a way for me to get a mortgage loan?Any honest and accurate feedback would be greatly appreciated.Thank you.December 02 2013 - Farmington0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.