Sample Hardship Letter Template


Sample Hardship Letter
Page 1 of 4
Hardship Reasons
Here is an example list of hardships that lenders consider during the loan workout/modification process:
_ Adjustable Rate Mortgage Reset- Payment Shock
_ Death in the Family
_ Loss of Job
_ Reduction of Income
_ Incarceration
_ Military Duty
_ Death of Spouse or Co-Borrower
_ Illness and/or Handicap ily
_ Failed Business
_ Divorce
_ Marital Separation
_ Job Relocation
_ Medical Bills
_ Damage to Property (natural disaster or unnatural)
_ Other (Please Specify)
If your hardship is not listed above, don’t worry. Please explain in clear detail on your hardship letter and
include any and all documentation that supports your hardship.
It is extremely important that we understand the state of your current financial crisis and why it is a
hardship with regard to your mortgage loan. Please provide as much detail as possible so that we
may advocate for you from the best strategic position. If you have any documentation that will
support your change in financial situation please submit it with this form to our office.


00 votes

Related Articles

Related forms

Related Categories

Parent category: Letters
Page of 4