How to Write Sample Hardship Letters to Modify a Home Loan

Write a loan modification letter to your mortgage lender to avoid foreclosure on your home. You can use this type of letter to ask for a renegotiation on the terms of your loan and the lender can use the detailed information you provide in this letter to reduce your payments you owe each month.

Step 1

Before writing your letter, determine be sure that you have a plan for how you are going to pay back your debts and know what your requirements are for your lender to adequately modify your home loan payments. Include all the necessary information in your letter such as your name, address, account number and phone number.

Step 2

Provide detailed information regarding your financial situation and explain what specifically lead to your current situation. Include dates, a brief explanation of what happened and why this event made it difficult to meet your payments.

Step 3

Describe your plan for getting back on track and how you plan to make payments. This should be a reasonable plan that will convince the lender to work with you. For example, you may have a part time job lined up that would help you make monthly payments. Tell the lender when you will be able to start making payments again. Give exact dates.

Step 4

Enclose financial documentation information in the letter including your household income, monthly debt, taxes, insurance information and expenses.Indicate in the letter whether you have money set aside to start making payments. Name the type of payment schedule you can follow.

Step 5

End your letter by explaining that you would like to resolve the matter as soon as possible so that you can resume making payments and continue living in your home.


Be as accurate and detailed when including loan information in your hardship letter. Research the guidelines for home loan modification before writing and sending your letter.