SlideShare a Scribd company logo
[Date] 
 
Name: [Your Name] 
Address: [Your Address] 
 
Lender Name:  
Loan #:  
 
To Whom It May Concern: 
 
I am writing to explain my unfortunate situation and request that you review my personal finances to 
see if I can qualify for any workout option.  My number one goal is to keep my home and I would really 
appreciate the opportunity to do so. 
 
My troubles began on [date].  I started to fall behind on my monthly payments because of financial 
difficulties created by [provide a brief reason, see below]. 
 
[‐‐ Some of the reasons that a lender will consider when granting a forbearance or loan modification: 
     • adjustable rate mortgage reset ‐ payment shock 
     • illness or medical bills 
     • loss of job, unemployment, reduced income, failed business, or job relocation 
     • death of spouse, co‐borrower or family member 
     • incarceration 
     • divorce or marital separation 
     • military duty 
     • damage to property (natural disaster or unnatural) ‐‐] 
 
I believe that my situation is [temporary / permanent].  [Provide an explanation of how you foresee 
being able to get back on track to making your monthly payments on time.  For example, you might 
want to mention how much money you have saved up to help with bringing your mortgage current.  If 
you are looking for new or additional income such as a second job, explain how long you think it will 
take for you to do so.  It would also be advantageous if you were able to provide the lender with a 
backup plan in case your first plan of action does not pan out.] 
 
I, [your name], state the information provided above to be true and correct to the best of my 
knowledge.   I can be reached at the address above.  My home phone number is: [phone number].  You 
can also reach me on my cell phone at: [phone number].  
 
Sincerely and respectfully, 
[ borrower’s signature ] 




    Find a complete set of solutions at PreventingForeclosure.org  |  Contact us: info@preventingforeclosure.org 
          © 2008 PreventingForeclosure.org ∙ All rights reserved, except for personal non‐commercial use. 
 

More Related Content

What's hot

What is payment posting in rcm
What is payment posting in rcmWhat is payment posting in rcm
What is payment posting in rcm
Richard Smith
 
Sample letter creditor settlement offer
Sample letter   creditor settlement offerSample letter   creditor settlement offer
Sample letter creditor settlement offerRick Springstein
 
Medical Billing Simple Manual
Medical Billing Simple ManualMedical Billing Simple Manual
Medical Billing Simple ManualKarna *
 
Sample notice of retainer letter
Sample notice of retainer letterSample notice of retainer letter
Sample notice of retainer letter
John Vaughn, CMI
 
APPLICATION FOR FAMILY MEMBER / PROPER PERSON CERTIFICATE
APPLICATION FOR FAMILY MEMBER / PROPER PERSON CERTIFICATEAPPLICATION FOR FAMILY MEMBER / PROPER PERSON CERTIFICATE
APPLICATION FOR FAMILY MEMBER / PROPER PERSON CERTIFICATE
PADMA MURALIDHAR KRISHNA ILINDRA
 
Medical Billing 101
Medical Billing 101Medical Billing 101
Medical Billing 101
Alexander John Lau
 
Voluntary surrender with undertaking
Voluntary surrender with undertakingVoluntary surrender with undertaking
Voluntary surrender with undertaking
Rose Dimler
 
Credit repair letter
Credit repair letterCredit repair letter
Credit repair letter
preetiesmile
 
Pff20
Pff20Pff20
Pff20chirg
 
Credit Dispute Letters
Credit Dispute LettersCredit Dispute Letters
Credit Dispute Letters
Nikitas Kouimanis
 
Personal Injury Complaint
Personal Injury ComplaintPersonal Injury Complaint
Personal Injury ComplaintNicole Williams
 
Annexures b Indane Gas Connection
Annexures b Indane Gas ConnectionAnnexures b Indane Gas Connection
Annexures b Indane Gas Connection
Bvrit
 
Denial Management - Medical billing
Denial Management - Medical billingDenial Management - Medical billing
Denial Management - Medical billing
Leanmedicalbilling
 
Medical Billing Work Flow by Sidhant Raj
Medical Billing Work Flow by Sidhant RajMedical Billing Work Flow by Sidhant Raj
Medical Billing Work Flow by Sidhant RajSidhantloveraj
 
Medicare Part A
Medicare Part AMedicare Part A
Medicare Part A
naylor007
 
7...AUTHORIZATION LETTER FROM CONSIGNEE CLEARING AGENT FOR TAKING THE DELIVE...
7...AUTHORIZATION LETTER FROM CONSIGNEE  CLEARING AGENT FOR TAKING THE DELIVE...7...AUTHORIZATION LETTER FROM CONSIGNEE  CLEARING AGENT FOR TAKING THE DELIVE...
7...AUTHORIZATION LETTER FROM CONSIGNEE CLEARING AGENT FOR TAKING THE DELIVE...jzns
 
Sample letter final demand for corrected credit report
Sample letter   final demand for corrected credit reportSample letter   final demand for corrected credit report
Sample letter final demand for corrected credit reportRick Springstein
 
Debt validation letter
Debt validation letterDebt validation letter
Debt validation letter
Reliance, Inc.
 
Resignation Letter Template
Resignation Letter TemplateResignation Letter Template
Resignation Letter Template
Angela Corey
 
AFFIDAVIT FOR DEATH REGISTRATION
AFFIDAVIT FOR DEATH REGISTRATIONAFFIDAVIT FOR DEATH REGISTRATION
AFFIDAVIT FOR DEATH REGISTRATION
PADMA MURALIDHAR KRISHNA ILINDRA
 

What's hot (20)

What is payment posting in rcm
What is payment posting in rcmWhat is payment posting in rcm
What is payment posting in rcm
 
Sample letter creditor settlement offer
Sample letter   creditor settlement offerSample letter   creditor settlement offer
Sample letter creditor settlement offer
 
Medical Billing Simple Manual
Medical Billing Simple ManualMedical Billing Simple Manual
Medical Billing Simple Manual
 
Sample notice of retainer letter
Sample notice of retainer letterSample notice of retainer letter
Sample notice of retainer letter
 
APPLICATION FOR FAMILY MEMBER / PROPER PERSON CERTIFICATE
APPLICATION FOR FAMILY MEMBER / PROPER PERSON CERTIFICATEAPPLICATION FOR FAMILY MEMBER / PROPER PERSON CERTIFICATE
APPLICATION FOR FAMILY MEMBER / PROPER PERSON CERTIFICATE
 
Medical Billing 101
Medical Billing 101Medical Billing 101
Medical Billing 101
 
Voluntary surrender with undertaking
Voluntary surrender with undertakingVoluntary surrender with undertaking
Voluntary surrender with undertaking
 
Credit repair letter
Credit repair letterCredit repair letter
Credit repair letter
 
Pff20
Pff20Pff20
Pff20
 
Credit Dispute Letters
Credit Dispute LettersCredit Dispute Letters
Credit Dispute Letters
 
Personal Injury Complaint
Personal Injury ComplaintPersonal Injury Complaint
Personal Injury Complaint
 
Annexures b Indane Gas Connection
Annexures b Indane Gas ConnectionAnnexures b Indane Gas Connection
Annexures b Indane Gas Connection
 
Denial Management - Medical billing
Denial Management - Medical billingDenial Management - Medical billing
Denial Management - Medical billing
 
Medical Billing Work Flow by Sidhant Raj
Medical Billing Work Flow by Sidhant RajMedical Billing Work Flow by Sidhant Raj
Medical Billing Work Flow by Sidhant Raj
 
Medicare Part A
Medicare Part AMedicare Part A
Medicare Part A
 
7...AUTHORIZATION LETTER FROM CONSIGNEE CLEARING AGENT FOR TAKING THE DELIVE...
7...AUTHORIZATION LETTER FROM CONSIGNEE  CLEARING AGENT FOR TAKING THE DELIVE...7...AUTHORIZATION LETTER FROM CONSIGNEE  CLEARING AGENT FOR TAKING THE DELIVE...
7...AUTHORIZATION LETTER FROM CONSIGNEE CLEARING AGENT FOR TAKING THE DELIVE...
 
Sample letter final demand for corrected credit report
Sample letter   final demand for corrected credit reportSample letter   final demand for corrected credit report
Sample letter final demand for corrected credit report
 
Debt validation letter
Debt validation letterDebt validation letter
Debt validation letter
 
Resignation Letter Template
Resignation Letter TemplateResignation Letter Template
Resignation Letter Template
 
AFFIDAVIT FOR DEATH REGISTRATION
AFFIDAVIT FOR DEATH REGISTRATIONAFFIDAVIT FOR DEATH REGISTRATION
AFFIDAVIT FOR DEATH REGISTRATION
 

Viewers also liked

Hardship letter for mortgage reduction
Hardship letter for mortgage reductionHardship letter for mortgage reduction
Hardship letter for mortgage reductionElizabeth Parker
 
Financial Aid SAP Appeal Letter 2016
Financial Aid SAP Appeal Letter 2016Financial Aid SAP Appeal Letter 2016
Financial Aid SAP Appeal Letter 2016Darius Andrew
 
Foreclosuresolutionsmanual
ForeclosuresolutionsmanualForeclosuresolutionsmanual
Foreclosuresolutionsmanual
RainmakerSEO
 
Financial Aid Appeal letter
Financial Aid Appeal letterFinancial Aid Appeal letter
Financial Aid Appeal lettertenor3garlic
 
Carta compromiso cfn galan
Carta compromiso cfn galanCarta compromiso cfn galan
Carta compromiso cfn galananitarios2
 

Viewers also liked (8)

Hardship letter sample_template
Hardship letter sample_templateHardship letter sample_template
Hardship letter sample_template
 
Hardship letter for mortgage reduction
Hardship letter for mortgage reductionHardship letter for mortgage reduction
Hardship letter for mortgage reduction
 
Financial Aid SAP Appeal Letter 2016
Financial Aid SAP Appeal Letter 2016Financial Aid SAP Appeal Letter 2016
Financial Aid SAP Appeal Letter 2016
 
Foreclosuresolutionsmanual
ForeclosuresolutionsmanualForeclosuresolutionsmanual
Foreclosuresolutionsmanual
 
Financial Aid Appeal letter
Financial Aid Appeal letterFinancial Aid Appeal letter
Financial Aid Appeal letter
 
Sample loan application letter
Sample loan application letterSample loan application letter
Sample loan application letter
 
Carta compromiso cfn galan
Carta compromiso cfn galanCarta compromiso cfn galan
Carta compromiso cfn galan
 
Real Application Letter
Real Application LetterReal Application Letter
Real Application Letter
 

Similar to Hardship letter sample template

Elder law power point
Elder law power pointElder law power point
Elder law power point
Kenneth Vercammen, Esq.
 
Example formal complaint letter template
Example formal complaint letter templateExample formal complaint letter template
Example formal complaint letter template
jshm2
 
A Guide To Filing For Bankruptcy
A Guide To Filing For BankruptcyA Guide To Filing For Bankruptcy
A Guide To Filing For Bankruptcy
Jeff Nevil
 
Fpf400 request for transfer of members records and loan details
Fpf400 request for transfer of members records and loan detailsFpf400 request for transfer of members records and loan details
Fpf400 request for transfer of members records and loan details
Mary Ann Santos
 
Sample letter request to delete unauthorized inquiries
Sample letter   request to delete unauthorized inquiriesSample letter   request to delete unauthorized inquiries
Sample letter request to delete unauthorized inquiriesRick Springstein
 

Similar to Hardship letter sample template (6)

Elder law power point
Elder law power pointElder law power point
Elder law power point
 
Example formal complaint letter template
Example formal complaint letter templateExample formal complaint letter template
Example formal complaint letter template
 
A Guide To Filing For Bankruptcy
A Guide To Filing For BankruptcyA Guide To Filing For Bankruptcy
A Guide To Filing For Bankruptcy
 
Fpf400 request for transfer of members records and loan details
Fpf400 request for transfer of members records and loan detailsFpf400 request for transfer of members records and loan details
Fpf400 request for transfer of members records and loan details
 
Sample letter request to delete unauthorized inquiries
Sample letter   request to delete unauthorized inquiriesSample letter   request to delete unauthorized inquiries
Sample letter request to delete unauthorized inquiries
 
Installment loans
Installment loansInstallment loans
Installment loans
 

More from preventingforeclosure (12)

Call log
Call logCall log
Call log
 
Mortgage payment fee_itemization
Mortgage payment fee_itemizationMortgage payment fee_itemization
Mortgage payment fee_itemization
 
Cease communications letter
Cease communications letterCease communications letter
Cease communications letter
 
Household budget
Household budgetHousehold budget
Household budget
 
Call log
Call logCall log
Call log
 
Personal financial statement
Personal financial statementPersonal financial statement
Personal financial statement
 
Mortgage payment fee_itemization
Mortgage payment fee_itemizationMortgage payment fee_itemization
Mortgage payment fee_itemization
 
Lender servicer home_loan_info_request
Lender servicer home_loan_info_requestLender servicer home_loan_info_request
Lender servicer home_loan_info_request
 
Household budget
Household budgetHousehold budget
Household budget
 
Foreclosure prevention checklist
Foreclosure prevention checklistForeclosure prevention checklist
Foreclosure prevention checklist
 
Call log
Call logCall log
Call log
 
Cease communications letter
Cease communications letterCease communications letter
Cease communications letter
 

Hardship letter sample template