Money Management

How do you write a hardship letter for mortgage approval?

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Wiki User
June 06, 2011 2:28PM

A letter of hardship for loan modification is essentially your best prospect to give explanation to the lender, the conditions that led you to be in arrears on your mortgage. It is crucial to be precise, clear-cut, and truthful while writing the hardship letter. Sugar-coating your situation is not recommendable.