It would be a good idea to start looking for another house now. However, you will not be automatically get kicked out of the house. The bank would provide you some time to move. Also, the bank may give you "cash for keys" but would also give you a timeline to move out by. I run into many renters in very similar situations as yours. I do alot of rentals as well so if you need further assistance, just give me call. Sorry to hear about your dilemna but hopefully things will work out for you. If you need any further help, let me know since my office is located in Rosemead CA.