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Guide To Write a Hardship Letter: An Example of Hardship Letters

Posted 14 Aug 2009

To Whom It May Concern:

We am writing this letter to explain my poor set of circumstances that have caused us to become late on our payments on our mortgage. I have done everything in our power to make ends meet but unfortunately we have can’t pay and would like you to consider working with us to receive a loan modification. Our number one hope is to keep our home and we would really appreciate the chance to save our home.

The main reason that caused us to be late is we had a family illness. Soon after being late and our cashflow not being nearly enough, we had fallen further and further behind. Now, it’s to the point where we cannot afford to pay what is owed to our bank. It is our full intention to pay what we owe. But at this time we have exhausted all of our income and resources so we are turning to you for help.

The date of.

The situation has not got better because we have been unable to find work and we feel that a loan modification would benefit us both. We would appreciate if you can work with us to lower our foreclosured amount owed and or payment so we can keep our home and also afford to make amends with your financial institution.

We truly hope that you will consider working with us and we are anxious to get this settled so we all can move on.

Sincerely and Respectfully,

The name on the loan
The date today