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Sample Hardship Letter For Mortgage

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    Looking for sample hardship letter for mortgage company due to late payment? We will guide you by giving example, format and tips which will help you in letter writing.

    A hardship letter for mortgage company is a brief overview of how you arrived at such a difficult financial crossroads.

    The letter provides a written explanation as to what event has caused you to fall behind on your mortgage payment and it vital in helping you to avoid mortgage foreclosure.

    A good hardship letter shows valid reasons or justification such as unable to work due to illness or others.

    Thank the addressee in advance for considering your financial situation in the end of hardship letter for mortgage company.

    Example Of Hardship Letter

    Name: (Your Name)
    Address: (Your Address)
    Lender Name: (Your Lender)
    Mortgage Number: (Your Mortgage/Loan Number)

    To Whom It May Concern:

    Due to my recent hospitalization due to respiratory illness, I am finding it very difficult to submit my mortgage payment when 80% of my income has been used for medication.

    At our current income, I am not be able to afford the mortgage payment and unfortunately I have fallen short and would to apply for loan modification.

    Is it possible to have current flexible rate mortgage change to a fixed rate? Or any other solutions you could provide would be greatly appreciated.

    I have included recent payslips with income details for the past two years. Please let me know if you require any other documentation and I will provide it as soon as possible.

    Thanks you for your time and consideration.



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