Use this template to help you write a letter of hardship for loan modification when working with your mortgage lender to get your finances back in order. This template and the sample hardship letter below are of course only meant to be used as general examples. Your situation will be unique...
If you find yourself in a financial bind, a well-written hardship letter directed to the bank or mortgage company is essential.
A hardship letter is pretty much what it sounds like; it explains how your real estate financial problems came to be and tries to prove your ability to work them out. If you have been unable to keep up with your monthly mortgage payments and are staring down the barrel of the foreclosure...
Twitter Google Share on Facebook Hardship Also found in:Dictionary,Thesaurus,Medical,Acronyms,Encyclopedia,Wikipedia. Afinancialor personal need that must be addressed. For example, one may make ahardship withdrawalfrom aretirement accountin order to pay for unexpected medical bills one may not be ab...
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Writing a hardship letter may not always be the best solution. Before beginning your hardship letter, consider whether this is the best option for your situation. There may be an alternative that would work better for you. For example, you may consider refinancing an underwater mortgage through...
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