How to Write a Correct Loan Mitigation Letter
Loss mitigation specialists read thousands of letters from hard-luck homeowners who are hoping for an approval for a mortgage modification, short sale or deed-in-lieu of foreclosure. Unfortunately, all too frequently these borrowers don't include the...
When writing a hardship letter for a loan modification, keep in mind that ... Your
explanation should be clear, honest, and contain just the right amount of detail.
Sep 19, 2007 ... Example Hardship Letter One of the items your lender or servicer will ask for
during the loan workout or loan modification process is a hardship ...
If you want to avoid foreclosure with a short sale, deed in lieu, or loan
modification, you'll need to write a hardship letter to your mortgage lender.
When applying for a home loan modification, a key component of the application
is the hardship letter, the homeowners' ... Reviewing a sample hardship letter.
May 22, 2008 ... I am writing this letter to explain my unfortunate set of circumstances that have
caused .... I feel that a loan modification would benefit us both. ... and where to
address them so that they come to the attention of the right person.
Keep reading below for a free sample hardship letter for loan modification, tips
and links to other resources. Advertisement ... Use a proper business letter format
A foreclosure hardship letter is used when homeowners are facing foreclosure. It
is an integral part of any loan modification or short sale package.
We have tips on writing hardship letters as well as hardship letter templates. ...
Writing a Hardship Letter for a Loan Modification · How to Write a Hardship Letter