Anything I can do besides sell my house?

I've been with this home for 7 years and I am looking to get my payments lowered. Currently I am involved in a 30-year FRM but spend the first 5 years paying the interest because of a program I was in for first time home buyers. Since the terms are now up for the interest only, the payments have now gone up. If I can't afford these payments, what are my options besides selling the house? The home is worth 225,000 now, and the loan terms were for 295,000. I've kept up on payments, I've got good credit (715ish FICO), steady job with decent income. Any help would be appreciated. by garret_275_532 from Jackson, Mississippi. Oct 12th 2011 Reply