Mortgage Hardship Letter - Sample #3

[Administrator]

ABC Mortgage, Inc. San Diego, California. Attn: Loss Mitigation Re: Loan # 123456789. Dear Loss Mitigation Representative,. I have fallen behind on all my bills because I was in an auto accident last year. I have been in rehab for the ...

More...

(Source: Google Blog Search)

[MH-Loans.com]

Yes, you definetly should give them every reason why this is a situation that you a) could not forsee, and b) was not of your own choosing, and c) is now not reasonable that you can pay what you had originally agreed.

Just make sure that your story is true otherwise it could be considered fraud.

[David Devis]

yes ..... you have to convince them for that wht ever you say them its seem true otherwise they will make problem with your case if... they considered as fraud .... then there is a loss to you... so take care of it ...

[NESG]

Always be as specific as possible with a loan modification hardship letter. Include dates and figures to account for hardships you may have gone through over the past year.

[James cuck]

The 2009 hardship letter is a bit different,how to write a mortgage hardship letter for 2010,please explain.

[hardikvagadiya@gmail.com]

I want to read more about this but link is not redirecting properly,
Can you please update it if possible ?
Thanks.

[josh decore]

Here are some points to make in your hardship letter:

1. Use the Subject Line to Get your Point Across: The subject line instantly lets the loss mitigator know why you are writing this letter.
2. Keep it Brief: This is not the time to tell your life story. Keep to the point. Let the loss mitigator know your problem and how you think that the lender can help you fix it.
3. Be Personal: The person reading the letter has to get to know you and your family so get this across. This attention to the personalization of your problem will set you apart from the other cases. In fact the loss mitigator may actually pay more attention to you because of this connection.
4. Clarity: Your hardship letter for mortgage relief should be written in brief, concise paragraphs with a summary.
5. Information: Your financial hardship package should be accompanied by other important information: bank statements, cash flow documents, income tax statements, and letters of reference.
6. Gratitude: State how appreciative you are that you have been given the chance to convey your situation to someone who is willing to listen. Because this person is willing to help the hardship letter for your mortgage should be humble in tone.

[crates]

Originally Posted by mkbuzz

writing your own harship letter will always work because it's sincere, true and inexpensive.

for tips on making an effective harship letter and stop foreclosure, you can get info from this site:

hardshiplettersampledotcom.


goodluck!

I've personally done almost 50 short sales and there is nothing more true. The best thing to do is to make a copy of both a handwritten as well as typed out version. For some reason, even though it's a duplicate, this seems to have the most effect. Obviously, first ensuring that the hardship is legitimate will make the case easier.