A remote possibility is to negotiate with your lender to complete a short refinance. I used to laugh at the possibility that a lender would consider a "short sale" of sorts where the owner retains the property. Some lenders are actually encouraging this as a possibility now instead of the alternative of your home becoming another REO. You would want to have a pre-approval in place ( You wont be able to refinance like this with your current lender) and a full appraisal as ammunition and then....see what your lender might do. If you like your home yet, simply can not afford a higher payment and your financial situation is good, it may be worth a shot. I do know that, in most cases, it will take a bit of time and take a bit of effort but, if you a good negotiator and have all your ducks in a row....it may pay off. Good luck.