How to Compose a Hardship Letter Sample for Home Loan Modification

A hardship letter sample is necessary when applying for a home loan modification. This hardship letter sample should explain your reason for financial hardship to the lender to approve your home loan modification.

Instructions

1. First address your hardship letter sample to your financial lending agency including home address, loan number, and contact to approve modification.

2. Write a brief statement in your hardship letter sample regarding your home mortgage payment status and your financial need for loan modification.

3. Explain the reason for your hardship including date of onset, current situation, and proposed length of time affected.

4. Indicate in your letter sample your intent to resume normal payment on your home loan if your need for modification is met.

5. Include only brief accurate loan information relevant to your financial hardship modification and separate your statements into short paragraphs to make your letter sample easily discernible.

6. Make sure your home loan payment status is up to date if possible but if not ask the lender what hardship requirements are needed to qualify for modification in your letter sample.

Resources

• Sample hardship letter
• Sample Letter for Credit Repair