The Mortgage Foreclosure Letter is one that must be written by the homeowner and sent to the mortgage company to request a declaration to avoid foreclosure. This is the form of the first communication on your behalf. You need to understand all the problems you are facing and their reasons. The financial excuse serves as a correct argument. The company considers your case suitable for a ‘job’ only in the name of this letter.
Examples of foreclosure letters:
Sample letter #1
Jack Smith
911 anywhere on the street
Somewhere in the city, State 12345
Telephone: 123789234, [email protected]
adam jones
Some moneylender in town
911 anywhere on the street
Somewhere in the city, State 12345
Loan Number: 1125647 Loan Modification
Date
Dear Mr. Jones,
I am requesting that you grant me a loan modification opportunity as I am falling behind on my mortgage payments.
The road cause of the slip is the sudden death of my wife. She was fairly well employed and her death has cut my earnings in half. Also, I couldn’t pay much attention to financial problems due to the emotional setback. I guess I won’t be able to pay the full mortgage at the current monthly payments. I intend to pay them but I don’t have the resources.
Kindly grant me a temporary reduction or suspension of payments just for a few months. I will balance the finances in this period of time. I ask you to help me as this house has immense emotional value to me. So, in fact, I insist on saving the foreclosure. Kindly advise me on all possible options available as soon as possible. I am anxious to reach an agreement and would appreciate a prompt response.
Sincerely
Jack Smith
Jack Smith Signature
Loan number: 1125647
Address: 911 Anywhere Street, Some Where town, State 12345
Phone: 123789234, [email protected]
Sample letter #2
mona jones
911 anywhere on the street
Some Where Town, State 12345
Telephone: 123789234, [email protected]
Shalga Morne
Some moneylender in town
911 anywhere on the street
Somewhere in the city, State 12345
Loan Number: 1125647 Loan Modification
Date
Dear Mrs. Morne,
I apologize for the default on my mortgage payments. I suddenly lost my job and because of that I can’t manage the income. I ask you to consider my case for a job.
The factory where he worked accidentally burned down. Now the owners have declared bankruptcy. Since the last 2 months, I have not received my salary. I am trying to get the job elsewhere but they require some papers for legal matters. My employers have not yet issued those documents. Therefore, I am not able to look for a job. The crisis would be resolved in 2-3 months.
I ask that you consider my case for a temporary reduction or suspension of my payments for just a few months. I’m going back on track right now. I am willing to avoid foreclosure. Please help me with all the applicable options for the same. I’m looking forward to reaching an agreement. I will wait for the earliest response.
Sincerely
mona jones
Mona Jones Signature
Loan number: 1125647
Address: 911 Anywhere Street, Some Where town, State 12345
Phone: 123789234, [email protected]