They key is your equity. Call the bank and specifically ask for a “Loan Modification.” The quick definition is that you are requesting the bank to look at the terms of the original mortgage and rework the terms so you can possibly be forgiven for missing the payments due to a financial hardship or setback and seeing if they can work out a deal with you. They want you to stay in the house so as long as it’s a win-win for you and for the bank then you get to keep your house! This should always be the first option you do.