Hardship Sample – Current

Hardship Letter Sample 1– Current On Mortgage But Anticipate Falling Behind


(Your Name)

(Your Address)


(Your Lender’s Name)

(Your Lender’s Address)

RE:  (your Loan #)

To Whom It May Concern:

I am writing this letter to explain our unfortunate set of circumstances that will soon cause us to become delinquent on our mortgage. We have done everything in our power to make ends meet but unfortunately we have fallen short and would like you to consider working with us to modify our loan so we can continue to meet our future monthly payments. Our number one goal is to keep our home and we would really appreciate the opportunity to do that.

The main reason that we are struggling to meet our monthly payment is (insert reason here and don’t be too lengthy and long winded) If we are unable to modify our monthly payments we will become delinquent and will continue to fall further and further behind. We have reached the point where we cannot afford to pay what is owed to (lender). It has always been our full intention to pay what we owe. Unfortunately at this time we have exhausted all of our income and resources so we are turning to you for help.

Our current monthly income is xxxx. We will be able to meet a modified payment of xxxx (the number should be 30% of your current gross monthly income). We are confident we can make this modified payment amount. We are asking for help in reducing our interest rate and principal balance and/or extending the life of the loan to meet this modified payment. We feel that a loan modification would allow us to keep our home and benefit (lender) as well. We have been responsible homeowners and would like to continue being valued customers.

We truly hope that you will consider working with us and we are anxious to get an answer from you before we fall behind on our payments.

Sincerely and Respectfully,

Borrower’s Signature


Co-Borrower’s Signature