Free Hardship Letter Due To Unemployment Sample

[Your Name]
[Your Address]
[City, State ZIP Code]
[Email Address]
[Phone Number]

[Date]

[Lender’s Name]
[Lender’s Address]
[City, State ZIP Code]

Subject: Hardship Letter Due to Unemployment

Dear [Lender’s Name],

I am writing to request your consideration for a loan modification on my mortgage loan, account number [Account Number]. My current financial situation has been greatly impacted by my recent unemployment, and I am experiencing a hardship that has made it difficult for me to continue making my mortgage payments on time.

As you know, I lost my job on [Date] due to [reason for job loss]. This has resulted in a significant loss of income for my family and has made it impossible for me to maintain my current mortgage payments. I have been actively seeking employment, but the job market is extremely competitive and it has been difficult to find a new job.

As a result of my unemployment, my income has decreased significantly, and I have been unable to pay my bills on time. My family and I have been forced to cut expenses wherever possible, but we are still struggling to make ends meet.

I am requesting a loan modification that would reduce my monthly mortgage payments to an amount that I can afford while I am unemployed. I understand that this may require a temporary reduction in payments and/or an extension of the loan term. I am willing to work with you to find a solution that will allow me to keep my home.

I would like to thank you in advance for your consideration and your willingness to work with me during this difficult time. Please let me know if you require any additional information or documentation.

Sincerely,

[Your Name]
[Your Signature]