Short Sale Hardship Letter
Your short Sale request letter should closely follow this template.
Your name
Your address
Your Loan number
Your Lender
USA Lender
123 Anywhere Street
Anytown, State 12345
Current Date
RE: Your Loan Number (include either Loan Modification or Short Sale)
Dear Mr. Jones,
We are contacting you today to explain the circumstances which have caused us to become delinquent on our mortgage payments. Although we have done everything possible to improve our financial situation, we are still short on the money owed to you. We would greatly appreciate the opportunity to obtain a loan modification (or short sale).
The main reason we have become delinquent in my mortgage payments is (explain the reason here). Since we do not have enough income to pay our regular monthly mortgage payment, we are falling further behind and are concerned we will not be able to pay what is owed. We truly want to pay what is owed, but at this time do not know how to accomplish this. Therefore, we are turning to you for assistance.
We are asking for consideration to temporarily reduce or suspend our mortgage payments for a few months (or allow us to sell our home via a short sale). Doing so, would help us get back on track. Our home means a great deal to us and we desire to work with you to keep it out of foreclosure. Please advise us of all options available to stop foreclosure (or initiate a short sale) at your earliest convenience. We are anxious to reach an agreement and appreciate your prompt response.
Respectfully yours,
Your name
Signature of Borrower(s)
Loan #
Address
Phone
email address (if applicable)
Send the hardship letter via certified mail with a return receipt requested. This will ensure you have proof you sent the letter. The return receipt must be signed by someone at the lending institution and the signature card will be returned to you in the mail.