As Greg mentioned below, refinancing your first, and subordinating your second is propbably your best option. When you finally have the equity in your home, then you can roll the second in.
I am in Massachusetts (Westport), and we are a federal bank. Contact me and we can see what we can do for you.
Thanks Fran & Best of luck
Feel free to contact me or request a call through our website. It doesn't sound as though you have a fannie or freddie loan currently.
Preferred Mortgage Consultants
1-800-839-1019 ext 135