Sample Hardship Letter Template (Page 3 of 4) in pdf

Sample Hardship Letter Template Page 3

Sample Hardship Letter

Page 3 of 4

__________________________________________________________________________

Example Hardship Letter 1

Date

Lender Name & Address

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 or (we are having financial difficulty making the mortgage payment). 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 (insert reason here and don’t be too lengthy and long winded)

or (can no longer afford the high mortgage payment) Soon after being late and our income not being

nearly enough, we had fallen further and further behind. Now, it’s to the point where we cannot afford to

pay what is owed to (lender). It is our full intention to pay what we owe. But at this time we have

exhausted all of our income and resources so we are turning to you for help.

(The approximate date of hardship and clarify if your situation is Temporary or will be Permanent.)

Our situation has got better because (reason here) and we feel that a loan modification would benefit us

both. We would appreciate if you can work with us to lower our delinquent amount owed and or payment

so we can keep our home and also afford to make amends with your institution.

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)

(Co-Borrower’s Signature)

________________________________________________________________________________________________

Sample Hardship Letter Template Page 3