Financial Hardship Affidavit

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Financial Hardship Affidavit
__________________________________________________________
Borrower Name(s):
__________________________________________________________
Property Street Address:
__________________________________________________________
Property City, State, Zip:
__________________________________________________________
Lender:
__________________________________________________________
Loan Number:
In order to qualify for _____________________________’s offer of a conditional Loan
Workout and Modification Agreement, I am submitting this form to the Lender and
indicating by my checkmarks (“”) the one or more events that contributed to my
inability to remain current on my mortgage loan.
Borrower Co-Borrower
My income has been reduced or lost. For example: unemployment,
reduced job hours, reduced pay, decline in business earnings. Explain
below.
My household financial circumstances have changed. For example:
permanent or short-term disability, death in the family, divorce or separation,
increased family responsibilities (birth or adoption of a child, taking care of
elderly relatives or other family members). Explain below.
My expenses have increased. For example: my monthly mortgage
payment will rise or has risen, high medical and health-care costs,
uninsured losses (such as those due to fires or natural disasters),
unexpectedly high utility bills. Explain below.
Other. Explain below.
Explanation:
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________

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