Florida Loan Modifications has been serving families like yourself for more than 25 years. We serve loan modifications to clients locally here in Florida and Nationwide. Please use this site as a resource to learn more about loan modifications and how they can help your family save your home from foreclosure.
When you apply for a loan modification, you are required to submit a hardship letter that details exactly why you can’t pay for your mortgage, and what you will be able to pay, after the modification.
It’s in a homeowners’ best interest to make a realistic estimation of their ability to pay their mortgage after the modification, because the bank may deny an application based on the fact that the hardship letter and payment statements are fradulent.
When composing a hardship letter, here are some ideas for what to include as reasons for hardship, and why you can’t pay your mortgage.
Loan Modification Hardship Letter Tips
- loss of job
- reduction in hours at work
- spouse gets laid off
- childcare costs increased
- healthcare costs increased
- car breaks down, medical emergency, etc.
For those of you looking for a Missouri loan modification please visit our site and learn from our resources:
Missouri Loan Modification Financial Terms Explained
