How To Write A Hardship Letter To Mortgage Company

Are you wondering how to write a hardship letter to mortgage company? If your mortgage holder is requesting a hardship letter or you have fallen behind and want to include an explanation explaining why there are certain items which must be included. Make sure all parties listed on the mortgage note sign the hardship letter.

1. Date. Make sure to date your hardship letter. Hardship letters are good for only thirty days so a new letter will need to be sent in monthly with other papers.
2. Loan number.  Place the loan or mortgage number on the top of every paper you send to the mortgage paper. This is recommended by all institutions in case papers become shuffled or temporarily lost.
3. Your name, address and phone number. Make sure your name as well as all names that appear on the mortgage note appear on your hardship letter. Include the address of the residence the hardship letter is for. Provide a phone number in case your mortgage holder needs to contact you.
4. Explanation of your hardship. Explain loss of hours at employment, lay-off, termination, additional bills, medical bills, accidents, etc. in detail on every hardship letter you send to your mortgage holder. If this is a follow up hardship letter make the mortgage holder aware of updates in your personal finances as well as why you are still behind in your mortgage payments.
5. Signature(s). Make sure to have all parties listed on the mortgage note sign their names at the bottom of the hardship letter every time one is sent in.