Loan Foreclosure Application Letter Layout
Loan Foreclosure Application Letter Layout
Date: September 3, 2050
Mr. Robert Anderson
Foreclosure Department Manager
Prime Mortgage Bank
4321 Financial Way
Chicago, IL 60614
Dear Mr. Anderson,
I am writing to formally request the initiation of foreclosure proceedings on my current mortgage with Prime Mortgage Bank. Due to unforeseen financial difficulties, I am no longer able to maintain my mortgage payments and need to proceed with the foreclosure process for the property located at 123 Oak Street, Chicago, IL 60613.
Foreclosure Request Details:
-
Property Address: 123 Oak Street, Chicago, IL 60613
-
Mortgage Account Number: 987654321
-
Outstanding Loan Amount: $250,000
-
Reason for Foreclosure: Financial hardship due to job loss and medical expenses.
Applicant Information:
-
Name: [Your Name]
-
Current Address: [Your Address]
-
Contact Number: [Your Number]
-
Email Address: [Your Email]
Enclosed with this application are the necessary documents to process the foreclosure request, including a completed foreclosure application form, a detailed statement of my financial situation, and relevant correspondence concerning my financial hardship.
I would appreciate your prompt attention to this matter and request a confirmation of receipt of this application along with information on the next steps in the foreclosure process. Please contact me at [Your Number] or [Your Email] should you require any further details or documentation.
Thank you for your assistance and understanding during this challenging time. I look forward to your response.
Yours sincerely,
[Your Name]
[Your Number]
[Your Email]
