How to Write a Hardship Letter to a Mortgage Company

Writing a hardship letter to a mortgage company is a necessary financial step to stop foreclosure. Usually a mortgage company will request you write a hardship letter explaining your situation before they will agree to a debt resolution.

Instructions

1

First write your hardship letter by addressing a financial letter to your mortgage company including borrower contact, name of lender, address, and phone number.

2

Next write any loan information such as your loan number, bank information, etc. in your hardship letter for ease of reference for your mortgage company.

3

Third write a statement of your full intention followed by a brief request due to your situation.

4

Fourth write the exact reason for your hardship whether loss of job, medical, injury, etc. and be specific as to the date of occurrence and subsequent result.

5

Next reiterate on your hardship letter your request to lower your mortgage payment, loan refinance, or short sell and that this would enable you to regain your ability to make payment.

6

Lastly write in your hardship letter a thank you in advance to the company for working with you and let them know you are anxious to resolve the issue and resume mortgage payments.