With today's mortgage crisis, many of us will be renegotiating our current mortgages with mortgage company. I have been helping some to renegotiate their mortgages so I have a little idea of how the mortgage companies are handling their customers.
Each mortgage and each situation is quite different based on equity, loan and your individual financial situation. I would say that if you are in the position to pay some of your mortgage payment even if you have not paid for months you are in a good position to renegotiate.
Many mortgage companies will allow you to take the payments you have missed and just put them on the back end of your loan and then you can begin paying monthly a payment that is more feasible for your financial situation. You can renegotiate your rate and the length of your loan.
If you are in a pickle call me and I will help you to work it out. Remember don't be afraid to ask for what you want. Be respectful but you are in control of the orange ball if you can afford some kind of monthly payment. Mortgage companies would rather work it out with you then have to foreclose on your property and have to try and resell it in this difficult market.