Loan Modification – How to Write Your Hardship Letter
When applying for loan modification, you need to document your hardship in a separate hardship letter. Loss mitigation departments are usually overwhelmed by requests for loan modification, foreclosure issues and short sale requests. You therefore want to avoid sending them a ten-page sentimental letter explaining to them the sweet memories you have of your home and why you do not want to lose it. By adhering to the following points, you should be able to turn in a letter that commands the attention of the loss mitigation department. Read more…
Categories: Loans Tags: for loan, for loan modification, foreclosure, hardship letter, Loan Modification, Mortgage, short sale