hardship letter

hardship letter

Member since 2008 · 1 post · 0 votes

I was told to write a hardship letter to apply for loan modification. What should that letter contain? I hope it’s not that hard to write a hardship letter.

0Reply
20 views

4 Replies

Jump to latestLatest
  • Rental Property Investor · Mercer Island, WA · Member since 2008 · 22k+ posts · 14k+ votes
    17y

    Should state why it is you can't make your payments. Jobs loss, medical issues, divorce, or forced relocation are typically the source of the hardship.

  • Real Estate Consultant · Member since 2008 · 792 posts · 30 votes
    17y

    It's not hard. PM me your email address and I will send you 3-4 examples.

    Focus on what specifically led to you being behind on your mortgage. Just make sure that it is real hardship, not just real inconvenience.

  • Joshua D.Pro Member
    BiggerPockets Founder · HI · Member since 2008 · 16k+ posts · 5k+ votes
    17y

    Hey Dave -
    Maybe you could share one or two here for everyone to check out?

  • Real Estate Consultant · Member since 2008 · 792 posts · 30 votes
    17y

    Sure,

    Pardon the ignorance, but how/where do I post it?

    Should I just copy and past in the thread?

Join the conversationCreate a free account to reply, vote on answers and follow this thread.