Loan Modification Hardship Letter

[Recipients Name]

[Address line]

[State, ZIP Code]

[Subject: Loan Modification Hardship Letter] 

Dear [Recipients Name],

I am writing this letter as a request to modify my mortgage loan, so it would be easier for me to pay off my mortgage now that I am experiencing financial hardship. 

It all started on [Date] when I [Lost my job/Had an injury], which significantly impacted my monthly income. Previously, my monthly income was $, and my mortgage payment was $ per month. Now with the recent events, my monthly income is $, which is % of my mortgage payment. So, I would like to ask for you to lower my mortgage so I would be able to pay off my debt. 

If you have any further questions, don’t hesitate to ask. I will be waiting patiently for your reply. 

Sincerely, 

[Senders Name]