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I Am Confused And In Trouble With My Option Arm Mortgage. – Kim

Kim “Dear Steve, Husband and I take home $6,200 p/m. 1st mortgage $355k changes per libor 6 months, monthly $1300, 2nd mortgage $110k, 15 year fix, $867 p/m to end in 11 years. Home is upside down. value now $270k. Credit cards approx $45,000 about $760 p/m, car loans $37k, $529 p/m. no retirement/ira and … Read more