To Whom It May Concern:
We am writing this letter to explain my poor set of circumstances that have caused us to become without ability to pay on our mortgage. Collectively have done everything in our power to make ends meet but unfortunately we have can’t afford to pay and would like you to consider working with us to get a loan modification. Our number one goal is to keep our home and we would really appreciate the ability to save our family’s future.
The main reason that caused us to be late is we lost our father. We became late on our payments and then and our monthly income 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 your mortgage 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.
On the date of.
Being late on our mortgage has not got better because we have not found work and need to feed our family and we feel that a loan modification would benefit us both. We would appreciate if you can work with us to lower our past due amount owed and or payment so we can keep our home and also afford to make amends with your banking center.
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,
Signed You
The date today
