HARDSHIP LETTER GUIDELINE AND EXAMPLE
Name: (Your Name)
Address: (Your Address)
Mortgage Co: (Mort. Company) Loan No: (your Loan Number)
I/We, (Your Name), are requesting that you review my financial situation to see if
I/We qualify for any workout option.
I/We are having problems making my monthly payments because of financial
difficulties created by (circle what applies):
Unemployment
Reduced Income
Divorce
Separation
Medical Bills
Too Much Debt
Death of my Spouse
Death of a family member
Payment Increase
Business Failure
Job Relocation
Illness
Damage to Property
Military Service
Incarceration
Other (Please Specify)
This difficulty or situation happened on or about this date ??????.
I/We believe that my/our situation is (circle one) Temporary / Permanent.
This is a brief account of the situation as follows: (explain your situation… tell
them you feel you can now afford your payments)
I/We, (your name), state the information provided above to be true and correct to
the best of my/our knowledge.
Borrower’s Signature
Date
Co-Borrower’s Signature
Date
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