You options will be based on what you want to do. What do you want to do?
Get out of the loans? Then, Sell.
Lower your payments? Refinance (consolidate) could be an option.
Lower your payments? Refinance the Line of credit into a longer temr could be an option.
What is the interest rate on yoru first mortgage and time left?
Do you want to pay it off fast? Is your second a ballon?