Long story short, we are in the middle of a short sale. Our credit has been impeccable until now. What forced us into this was an auto accident injured my neck and re-injured by back and I was not able to work my second job anymore. We have a 5 year interest only ARM and Navy Federal Credit Union is our 2nd lien holder. The first lien holder understood the situation after displaying our monthly expenses and approved the short sale. Navy Federal Credit Union said we could afford to pay essentially 50% of it over 15 years at .01% interest... read full review »