I need advice to help my parents. . ?

My parents bought a house in years. 2004 we have with them and help them. But they knew when they bought it to us. wouldnt be there forever and now we are in the process of moving, and they wont have to help us pay for home They have interest only loans with arms. Five years to adjust in September. 2009 (only seven months left), they can barely pay the fine now and when they can not. They have a current mortgage. They looked at trying to modify loans. But everything we're reading it seems you must be behind on your mortgage before you can help In addition there are out there, you can refinance they told me about to allow any. Pass them to help them before they get back. . Please comment and not related to us from them. Husband and I lived with them for Five years trying to help me. But we have to go if we want to consciousness and our marriage.

They need to buy houses and sell them to pay. . It crazy to buy this first. Place

Do Mortgage Modifications Hurt Credit Scores?

FHA borrowers eligible for help even before missing payments.(Briefing Book)(Department of Housing and Urban Development)(Federal Housing Administration): An article from: Mortgage Banking $9.95 This digital document is an article from Mortgage Banking, published by Mortgage Bankers Association of America on February 1, 2010. The length of the article is 400 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.Citation DetailsTitle: FHA borrowers eli…