Free Mortgage Hardship Letter

Free Mortgage Hardship Letter in Word, Google Docs, PDF, Apple Pages, Outlook

Free Download this Mortgage Hardship Letter Design in Word, Google Docs, PDF, Apple Pages, Outlook Format. Easily Editable, Printable, Downloadable.

MORTGAGE HARDSHIP LETTER

[DATE]

Dear [RECIPIENT NAME],

I am writing this letter to explain the reason why I have become delinquent on the mortgage. I have done everything that I can to make ends meet but unfortunately, I was not able to gather the necessary amount to pay my mortgage and I would like you to consider the circumstances of my family and to modify our loan. I would really appreciate it if you would give me the opportunity to keep our home.

The reason why I have become delinquent on the mortgage is that my spouse lost [HIS/HER] job and because of that, the income is not nearly enough to sustain the needs of the family. Now, it is to the point where I cannot afford to pay what is owed. However, I have the full intention to pay what I owe, but at this time, my family has exhausted all our monetary resources so we are turning to you for help.

I believe that this is only temporary and our situation right now is getting better because my spouse was able to find a part-time job and I feel that a loan modification would benefit us both. I would very much appreciate it if you can allow lowering the amount owed so we would be able to keep the mortgaged property. I do hope that you will consider this.

Thank you for taking the time to read this letter.

Regards,

[YOUR SIGNATURE]

[YOUR NAME]

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