“And yes, I have already tried with my lender and they offered the forbearance but my payments are already so high that we would never be able to catch up.”

You do realize where and who you are asking help from right? If you knew that you couldn’t afford the reset payments, then why did you buy with an exotic loan? I am very curious about the mindset at the moment of loan signature.

You have to understand that you are what we here call an FB. This is precisely what we have been warning about for 2 plus years now. 2 years ago, you probably would have called us bitter renters or some such non-sense.