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1 Ιουλ 2024 · A hardship letter for a short sale due to divorce is a document that explains your financial hardship to your lender. This letter is used to request that your lender approve a short sale, which allows you to sell your home for less than the amount you owe on your mortgage.
6 Οκτ 2021 · A hardship affidavit and supporting documents make up a short sale package that the loss mitigation department will evaluate before approving a short sale. The letter explains what caused your financial hardship and why you have fallen behind on the mortgage.
This comprehensive letter outlines the borrower's financial hardships, reasons for requesting a short sale, and supporting documentation. Available in MS Word and Google Docs formats for easy customization and accessibility.
27 Οκτ 2022 · A short sale hardship letter is used by a homeowner to request the lender’s permission to sell the home for less than the outstanding balance on the mortgage.
23 Απρ 2024 · A hardship letter for a short sale is a personal plea to your mortgage lender, explaining why you are unable to continue making payments on your home and why a short sale would be a better solution than foreclosure.
A well-written hardship letter can make a huge difference in short sales. Below are some examples of hardship letters for your clients’ situations. Each template is tailored to specific hardships, giving your clients a strong starting point to explain their situation to the lender.
Convert Hardship Letter to Word and save adjustments. Easily correct any errors prior to continuing together with your record export. Download, export and send or quickly share your papers with your colleagues and consumers.
