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Hardship Letter Guidelines
I’ve read several blogs on the internet on what a hardship letter is and how you should write a hardship letter for a loan modification.
A hardship letter for a loan modification should be written carefully. It is designed to quickly tell the bank what you are going through, or what you have gone through that has made your ability to pay your mortgage very difficult. You don’t want to divulge too much information about your hardship situation or your financials. Again, too much or too little information will work against you, not for you.
I’m going to keep this very general and simple.
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