How Do You Compose A Financial Hardship Letter Template?
A financial hardship letter template is a tool to help you draft a proper explanation of your inability to keep payments. This letter template can help stop foreclosure on your home or restore credit if you have suffered a financial hardship. Choose a sample format to pattern your letter template. You can use sample letters of financial hardship found on the internet or create your own in a word document program. List the borrowers name and property address at the top of your financial hardship letter template. Format the top of your template by addressing your financial hardship letter to your lender or contact person, followed by the name of the lending company ,address, and loan information. Also include name of the financial institution, bank address, and loan number in your letter template. Decide on a resolution request such as short sell or loan modification that best meets your financial hardship and format it in an RE: statement at the beginning of your template indicating tha
