Sample Hardship Letter (Page 2 of 2) in pdf

Sample Hardship Letter Page 2

Sample Hardship Letter

Date

Name

Address

Lender Name

Loan Number

To Whom it may Concern,

I am writing to explain the unfortunate set of circumstances that has caused

me to become delinquent on my mortgage payments. My goal is to keep my

home and I truly hope you would consider working with me.

My hardship began in 2010 when I became unemployed. This loss in income,

combined with a steady increase in expenses, has caused our budget to be

stretched thin. Over the recent years we've tried everything to make ends

meet including borrowing from my 401K. My husband works overtime

whenever possible and now we have even depleted our savings to try and

stay current with our monthly financial obligations. It has become clear to

us that we need a long-term solution to avoid going into default.

We feel that a loan modification would help us. Our income is steady but it is

just not enough and we would really appreciate if you can work with us to

lower our principal and interest so we can keep our home.

Name

Signature

Date

Sample Hardship Letter Page 2