Question by pcary2000: Hardship Letter but current in payments?
Hello!! I have struggled hard and have not missed a single payment to any of my lenders. However, I do have a financial hardship. I have a second mortgage for a second property which I amtrying to sell but I can’t. And also, unfortunately, my son (3 years) is sick. I will have to pay someone for taking care of him (he can’t go to a regular daycare because illness is infectious) while I try to keep my full time job (his insurance also depends on me). I’m very confused because I don’t know how to write the hardship letter and all examples I find is from people that are behind in payments or with variable interest rates. If I tell them, that my problem is the second property (which part of the debt is in my home equity line, maybe they will deny me. I Could you please help? Thanks a lot.
Answer by CinCin
I found this site regarding hardship letters. It has a list of hardships that banks consider and it provides an example of a hardship letter. Hope this helps.
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