The 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 must understand all the problems you are facing and their reasons. The financial excuse serves as the correct plea. The company considers your case fit for a ‘job’ only on behalf of this letter.

Examples of foreclosure letters:

Sample Letter #1

Jack Smith
911 anywhere on the street
Somewhere in the city, State 12345
Phone: 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 lapse is the sudden death of my wife. She was quite well employed and her death has cut my earnings in half. Also, I couldn’t pay much attention to financial problems because of the emotional setback. I guess I won’t be able to pay the full mortgage on 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 for a few months only. I will balance the finances in this period of time. I ask you to help me as this house has immense emotional value for me. So I actually 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 reply.

Sincerely

Jack Smith

Jack Smith Signature
Loan number: 1125647
Address: 911 Anywhere Street, Some Where town, State 12345
Phone: 123789234, [email protected]

Letter Example #2

mona jones
911 anywhere on the street
Some Where Town, State 12345
Phone: 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 defaulting on my mortgage payments. Suddenly I 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 filed for bankruptcy. Since the last 2 months, I have not received my salary. I am trying to get the job somewhere else, but they require some paperwork 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 applicable options for the same. I am anxious to reach 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]