How does one qualify for a home loan, when they’re about to be forclosed on and have as much debt as you? While I admire your effort to make right with your creditors, chances are, not only are you facing forecloser, but your probably looking at a bankruptcy as well. I’d like to know who approved you for another home loan. Is it a fixed rate loan? It’s probably a company that continues to approve loans to people who can not afford, yet adding another thorn into the side of those who are having a hard time getting approved for a home loan legitimately because of the current rate of foreclosures. You really need to seek professional debt counseling and if you do foreclose on your current home, I hope that dumba$$es that approved it to begin with choke on it. Get your act together.
