I would find a local office of Princeton and go there and talk with someone.
Also, just because you have an ARM, it does not mean it will go up. As a matter of fact, the LIBOR index is now under 1.00 and the new rates people are getting are in the high 3's.
You also need to have a real issue with making the payments in order to qualify for the modification IF the lender is willing to do it. They are not required, especially since it is jumbo.
Another way to go is your local congressperson's office to see if they can help.
But please- do NOT go to one of these 'loan mod' people. They are usually scams and not worth the money they want. Either the lender wants to do it or not.
Best of luck.
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