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Sample Hardship Letter

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    Looking for right words to write hardship letter by referring to a professionally written sample? Hardship letter is a written explanation as to what ‘event’ has caused you to fall behind on your financial mortgage and it vital in helping you to avoid foreclosure or applying for a home loan modification.

    A good loan modification hardship letter shows valid reasons or justification for example: – been laid off, hospitalized, unable to work due to illness, mortgage loan adjusted or others.

    It’s important to keep your hardship letter as simple, brief and focused as possible for fast and easy understanding.

    Do a proofread and eliminate grammar and spelling errors in your hardship letter.

    Be respectful and thank the addressee in advance for considering your financial situation in the end of hardship letter.

    How To Write A Hardship Letter

    Name: (Your Name)
    Address: (Your Address)
    Lender Name: (Your Lender)
    Loan Number: (Your Loan Number)

    To Whom It May Concern:

    Due to the recent adjustment in my mortgage, I am finding it very difficult to afford my new payment.

    At our current income, we are not be able to afford the increased mortgage payments and unfortunately we have fallen short and would like you to consider working with us to modify our loan.

    Is it possible to have our current flexible rate mortgage change to a fixed rate?

    If this is not possible can the next rate change be postponed to a future date to allow me to hopefully refinance. Any other solutions you could provide would be greatly appreciated.

    I have included recent payslips with income details for the past two years.

    Please let me know if you require any other documentation and I will provide it as soon as possible.

    Thanks you for your time and consideration.



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