Need to write a hardship letter? Use these sample hardship letters as templates for your successful hardship letter.
A short sale is a type of real estate transaction that occurs when the seller owes more money to his or her mortgage company than what the property is selling for. Typically, this occurs when a property value has declined and when the homeowner must relocate rather than wait for home values to improve. Often, …
A loan modification hardship letter is a formal way to request a modification to a loan. This letter is the place where the borrower can express his or her financial troubles in personal terms to have the best chance to stop a foreclosure or receive better terms on an outstanding loan. Banks and other lenders don’t …
How to Write a Strong Loan Modification Hardship Letter Read More »
Here is an example of a student loan hardship letter. It should be sent by certified mail, so the sender has proof of the time it was sent and received. Only copies of documents should be included. No original documents should be sent. The sender should keep a record of this and any other communication …