Sample Hardship Letter
This
is a format of hardship letter template. It is recommended that you
change the content of this letter in order to meet your purpose.
Name:
Address:
Lender
Name:
Loan
#:
To Whom It May Concern:
I
am writing this letter to explain my unfortunate set of circumstances that have
caused us to become delinquent on our mortgage. We have done everything in our
power to make ends meet but unfortunately we have fallen short and would like
you to consider working with us to modify our loan. Our number one goal is to
keep our home and we would really appreciate the opportunity to do that.
The
main reason that caused us to be late is (mention reason(s) here and don’t be too
lengthy ) Soon after being late and our income not being nearly
enough, we had fallen further and further behind.
Our
situation has got better because (mention reason here) and we feel that a loan
modification would benefit us both. We would appreciate if you can work with us
to lower or delinquent amount owed and or payment so we can keep our home and
also afford to make amends with your firm.
We
truly hope that you will consider working with us and we are anxious to get
this settled so we all can move on.
Sincerely
and Respectfully,
Borrower’s
Signature
Date
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