Don't fret, there are many resources out there to prevent you from losing your home. Now, more than ever, banks are willing to work with you on late/missed payments. They don't want your home, they just want your money, but you have to ask for help! There are so many other options out there, besides just letting your home go into foreclosure, and your credit won't be hurt nearly as much! Contact your lender at the first sign that you're struggling to make your mortgage payment, and see what they can do to help. Most likely, they won't come to you to see if you need help. YOU NEED TO GO TO THEM! No one wants to admit they're having troubles making their mortgage payments, and we as humans, don't like to ask for help, or admit defeat, but you have the opportunity to seek out options available to you. YOU JUST NEED TO ASK!