• Real Estate User Login
  • Not A User? Sign Up. Its Free

Rick Fuller Realtors, Inc

Top Real Estate Agent Antioch CA, Antioch CA Homes for Sale, Antioch Ca Real Estate, Realtor in Antioch CA

book
Call (888)950-7425
Connect with Rick
  • Home
  • About
    • Meet the Team
    • Who We Are
    • Awards and Accolades
  • Resources
    • Application Instructions
    • Rick’s Market Update
    • Rick’s Picks
      • Business Directory
      • Partner Application
    • Rick’s Pros
    • Market Stats
    • Houzz
    • Mortgage Calculator
    • Early Payoff Calculator
    • Are you Eligible
  • FOR CC KIDS
    • BIRTHDAY BAGS 2020
      • Delivery of Birthday Bags
    • BACKPACKS
  • Our Reviews
  • Contact Us

How to write a Hardship Letter

September 26, 2013 By Rick Fuller

I hurried into the local department store to Learningpdf grab1 some last minute Chirsmas gifts. I looked at JN0-102 dumps all SSCP Certification the people and grumbled2 to myself. 70-410 certification I would be in here forever and I just had so much to do. Chirsmas was beginning lpic 102-400 lpic 102-400 to become such a drag. I kinda wished Prepexamwell that I could lpic 102-400 just sleep through Chirsmas. But I lpic 102-400 hurried the best I could through all the people to the Learningpdf toy department. Once again I kind of mumbled3 to myself at the prices of all these toys, and wondered if the grandkids would even play whit4 JN0-102 dumps them. I found myself in the doll aisle5. Out of the corner of my eye Learningpdf I saw SSCP Certification lpic 102-400 a 70-410 certification little boy about 5 holding a lovely doll.He kept touching6 her hair and he held her so gently. I could not seem to help myself. I just kept loking over at the lpic 102-400 70-410 certification little boy and Learningpdf wondered lpic 102-400 who lpic 102-400 the doll was for. I watched him turn to a woman and he called his aunt by name and said, “Are you sure I don’t have enough money?” She replied a bit impatiently, “You 70-410 certification know that you don’t have enough money for it.” The aunt told Prepexamwell SSCP Certification the little boy not to go anywhere that she JN0-102 dumps had to go and get some other things and would be back in Learningpdf a SSCP Certification few minutes. And 70-483 Exam Questions then she left the aisle. The boy continued to hold 70-483 Exam Questions the doll. After Prepexamwell a bit I asked the boy who JN0-102 dumps the doll was 70-410 certification for. He said, “It is the doll my sister wanted so 70-483 Exam Questions badly lpic 102-400 for Chirsmas. She just knew that Santa would bring it. “I told him that maybe Santa was going Prepexamwell to bring it . He said, “No, Santa can’t go where my sister is…. 70-410 certification I have to give the doll to my Mama to take to her. “I asked him where his Learningpdf siter was. Prepexamwell He 70-483 Exam Questions looked at me with the JN0-102 dumps saddest eyes SSCP Certification and said, “She JN0-102 dumps was gone lpic 102-400 to be with Jesus. Prepexamwell

My Learningpdf Daddy says that Mamma is Learningpdf going to have to go be with Prepexamwell her.” My heart nearly stopped beating. Then the boy looked at Learningpdf me again and said, “I told my Daddy to tell my Mama not to go yet. I told him to SSCP Certification tell her to SSCP Certification 70-483 Exam Questions wait Learningpdf till I got back from the 70-483 Exam Questions store.” Then he asked me if i wanted to see his JN0-102 dumps picture. I told SSCP Certification him I’d love to. He pulled out some JN0-102 dumps picture he’d 70-483 Exam Questions had 70-410 certification taken at JN0-102 dumps the 70-483 Exam Questions front of 70-410 certification the 70-410 certification store. He said, “I Learningpdf want SSCP Certification my 70-410 certification Mama to take this with her so the dosen’t ever forget me. JN0-102 dumps I love lpic 102-400 lpic 102-400 my Mama so very much and I wish she dind not have to leave me.But Daddy says she will need to be with my sister.” I saw that 70-483 Exam Questions the little boy had lowered his head and had grown so qiuet. While he 70-410 certification was not looking I reached into my purse and pilled out a handful of bills. I asked the little boy, “Shall we count that miney one more time?” He grew Prepexamwell excited and said, “Yes,I just know it has to be enough.” JN0-102 dumps So I slipped my money 70-483 Exam Questions in with his and we began to count it . Of course it was plenty for the doll. He softly SSCP Certification said, “Thank you Jesus for giving me enough SSCP Certification money.” Then the boy said, “I just asked Jesus to SSCP Certification give me 70-483 Exam Questions enough money to buy this doll so Mama can take it SSCP Certification with her to give my JN0-102 dumps sister. JN0-102 dumps And he heard my prayer. 70-483 Exam Questions I wanted to ask Learningpdf him give for enough to buy my Mama a white JN0-102 dumps rose, but I didn’t ask him, but he gave me enough to buy the 70-483 Exam Questions doll and a rose for my Mama. She loves white Learningpdf rose so much. “In JN0-102 dumps a few minutes the aunt came back and I wheeled my cart away. I could not keep from thinking about the little boy as I finished my Prepexamwell shoppong in 70-483 Exam Questions a ttally different spirit than when I had started. And I Prepexamwell kept remembering a Prepexamwell story I lpic 102-400 had seen in the newspaper several days earlier about a drunk driver hitting a car and killing7 a little girl and the Mother was in serious condition. The family was deciding on 70-410 certification whether to remove the life support. Now surely this little boy did not belong lpic 102-400 70-410 certification with that story.Two days later Prepexamwell I read in the paper where the family had disconnected the life support and the young woman lpic 102-400 had died. I could not forget Learningpdf the 70-410 certification little lpic 102-400 boy and just kept 70-483 Exam Questions 70-410 certification wondering if Prepexamwell the two SSCP Certification 70-410 certification were 70-483 Exam Questions somehow connected. Later that day, I could JN0-102 dumps not help myself and I Prepexamwell went out and bought SSCP Certification aome white roses and took them to the funeral home where the yough woman was SSCP Certification .And Learningpdf there she was holding a lovely white rose, the beautiful doll, and the picture Prepexamwell of Learningpdf the little boy in the store. I left there in tears, thier life changed forever. The love that little boy had for his little sisiter and his mother was overwhel. And Prepexamwell in a split8 second a drunk driver had ripped9 the life of that little boy to pieces.

If you are pursuing a loan modification, deed in lieu, or a short sale you will likely need to write a Hardship Letter.   A Hardship Letter is a letter written to the lender and usually is sent along with other financial documents that outline the hardship and why the lender should approve your request. This blog is intended to provide Homeowners insight in to how to write a Hardship Letter. For sample Hardship Letters and more information about how to write a Hardship Letter contact me and I will email them to you.  Prior to drafting a Hardship Letter you may want to discover if you are eligible for a HAFA Short Sale, HAMP Loan Mod, or a Deed in Lieu.

The central document in the loan modification, deed in lieu, or a short sale package is the Hardship Letter.  The Hardship Letter provides the homeowner with an opportunity to state their case as to why their request should be approved.  The Hardship Letter should be a honest and heartfelt statement outlining the circumstances that have created the problem causing the property to no longer be affordable under the current terms.  It should include these components:

  • A description of the steps the homeowner has taken (used credit cards, borrowed from family, borrowed from retirement, etc…) to stay current on the mortgage.
  • A brief apology for having to ask the lender to take a loss
  • A clear statement indicating the homeowner has exhausted all options available to stay current on the mortgage and that the requested option is the only remaining option, other than foreclosure.
  • A request of the specific option (loan modification, deed in lieu, or a short sale) you are asking to be approved.

While it is important to provide a  complete picture of the hardship it is also important to avoid a letter that is excessively long.  In order to get a Loss Mitigator to understand the hardship, the Loss Mitigator needs to read the letter and connect with the writer.   Generally a good  Hardship letter should be no more than 1 page and no less than a 1/2 of a page.   In addition the letter should be:

  • Typed
  • Single spaced
  • Dated
  • Signed by all borrowers
  • Include the loan number(s)
  • Addressed to your specific lender
  • Include address of the subject property
  • Indicated the items attached to support your statement.

An introduction (what you are requesting) , a body (why you are making the request), and a closing (importance of the request to be approved) with a clear statement indicating all options have been exhausted and this option is the only remaining option, other than foreclosure.  If possible, in the body of the Hardship Letter provide supporting facts that validate the hardship.  For example:

  • Date of layoff
  • Amount of loss of income
  • Date of divorce
  • Date of death of loved one.
  • How many miles you relocated.
  • Date of injury
  • etc…

It may also be a good idea to attach supporting documents to the Hardship Letter to further validate the hardship.  For example:

  • Letter from employer outlining a reduction in pay or hours
  • Layoff notice
  • Cancellation/late notices for medical, auto, or life  insurance.
  • Delinquency notices from other creditors/utility providers.
  • Letters from doctors regarding injury or illness
  • Death certificates on Co-borrower
  • Disability benefit letters
  • Relocation letter
  • Divorce/separation papers
  • Receipt for excessive medical payment or medication
  • Any additional documents that support a family hardship

Please keep in mind a genuine, honest, and heartfelt statement indicating your reason for the requested loan modification, deed in lieu, or a short sale is the most effective.  Use the information found in this blog on how to write a Hardship Letter and our Free Sample Hardship Letters to help you overcome writers block and write an effective Hardship Letter however never fabricate a Hardship Letter that is not completely reflective of your individual situation or copy someone elses  Hardship Letter.   For Sample Hardship Letters  contact me and I will email them to you or visit our office at 5079 Lone Tree Way Antioch, Ca 94531.

 

 

 

 

Disclaimer: Readers with credit, legal and tax questions are advised to see the advice of an attorney or tax professional. The information above is not to be considered legal and or tax advice.

Filed Under: Antioch Community Blog, Antioch Real Estate Blog, Brentwood Community Blog, Brentwood Real Estate Blog, Discovery Bay Community Blog, Linda's Short Sale Blog, Oakley Community Blog, Oakley Real Estate Blog, Payment Relief Options Blog, Pittsburg Real Estate Blog, Realtor Rick Blog

Find Your Dream Home

Need a Mortgage?

Contact Cyndi Donnally
Loan Officer NMLS #2054920
Coole Home
Direct: 925.864.4478
Email: c.donnally@coolehome.com
Apply Now Coole-Homes eho

Need a Mortgage?

Contact Angela Clark
Loan Officer NMLS #958355
Supreme Lending NMLS #2129
Direct: (925) 448-3932
Cell: (925) 597-1293
Angela.Clark@SupremeLending.com
AngelaClark.SupremeLendingLO.com
Apply NOW!
Supreme-lending
eho

Providing Real Estate Services in These San Francisco Bay Area Cities

Alamo
Antioch
Bethel Island
Brentwood
Baypoint
Byron
Citrus Heights

Clayton
Concord
Crockett
Danville
Diablo
Discovery Bay

El Cerrito
El Sobrante
Elk Grove
Hercules
Knightsen
Lafayette
Martinez
Fremont
Folsom
Gault
Hercules
Isleton

Moraga
Oakley
Orinda
Pacheco
Pinole
Pittsburg
Pleasant Hill
Pleasanton

Richmond
Rodeo
San Pablo
San Ramon
Walnut Creek
Livermore
Dublin
Tracy
Sunol

West Sacramento
San Pablo
Rancho Cordova

Sacramento
Florin
Franklin
Laguna
Newark
Hayward

Contact & Location

Rick Fuller Inc., REALTORS®
Antioch Real Estate Agents
Lic #01874995
5079 Lone Tree Way
Antioch, Ca 94531
(888) 950-RICK (7425)

Richmond Location

Rick Fuller Inc., REALTORS®
Richmond CA Real Estate Agents
Lic #01874995
3150 Hilltop Mall Rd
Richmond, CA 94806
(888) 950-RICK (7425)

Client Resources

  • Client Login
  • Create an Account
  • Sign Up for Email Updates
Secure connection to your real estate transaction provided with relay™ Transaction Management

Real Estate Search Tools

  • Basic Property Search
  • Advanced Property Search
  • Property Address Search
  • Property Map Search
  • Rental Search
  • Look-Up property Taxes
Check out Rick Fuller on Yelp

Concord Location

Rick Fuller Inc., REALTORS®
Concord CA Real Estate Agents
Lic #01874995
1320 Willow Pass Rd Suite 600
Concord, CA 94520
(925) 305-3386

*As of 5/30/19, Ranked #1 Real Estate Team in the 9 counties comprising the SF Bay Area and Sacramento County for most recent sales in the past 12 months according to Zillow*

Rick Fuller Team Portal

Copyright © 2023 · Rick Fuller, Inc Realtors · All Rights Reserved · Privacy Policy · Terms of Use · Site By Clifton Creative Web