I'm sure you know over the past several years and even recently there has been a lot tightening up in the lending industry. If you are considering buying another home you have a small window of opportunity before it's gets much more difficult. Unless you can qualify with both payments, or you have 25% equity in your current home, or you want to put down at least 10%, I would consult an LO ASAP. I would be more than happy to explain the process which will allow you to purchase with the least amount down.
Best of Luck!... more