Hard Decision

i am facing a quite challenging situation at this time. as a single father, i purchased a house two years ago with a good credit (717) but no savings at all. i thouhgt that i would make good money two years later but the market started acting up. anyway, i ended up with two interest only mortgages that i could barely pay for every month on top of all my other
bills and debts. i refinanced six months ago, thinking that i could still afford the new payment, but it seems even worse. i got a very high rate due to a quite low credit score (620 at that time). it helped me skip one payment, but only one...

i manage to pay all my bills on time and never had any late payment, but last month was extremely

hard to face.

my spouse now needs some serious roof repair estimated at $7,000.
if i try to sell now, i may still owe on it due to high competition in the neighborhood and all the repairs, in addition to closings costs.

i am trying to refinance again, but with now about 636 my credit report, a high debt to income ratio, no savings at all, not to much equity, i do not seem to be very attractive to lenders. the mortgage alone represents 72% of my income