Refinance Mortgage Letter

November 15, 2002

Ms. Flordeluna Tricano
Sta. Rosa Subd.
Balana City

Dear Ms. Tricano:

I would like to request your good office if I can have a refinance mortgage or any option regarding my monthly payments.

As of now, I am experiencing financial crisis since my company downsized and I was laid off. I already found a new jib but I only make Php18,000 less than per month than I did with my old job. That’s why I can no longer continue making mortgage payments in the amount of Php15,000 per month.

I believe that my situation is temporary because I can find a new ways to get back on my feet and soon I will be able to make full payments again.

I hope for your kind consideration.

Sincerely yours,

Mary Anne Alvarez

Payment Plan Hardship Letter

September 10, 2005

Mr. Rolando L. Mendoza
Account Manager
Camella Homes Inc.
Balanga City, Bataan

RE: Payment Plan Request for Account No. 54288

Dear Mr. Mendoza:

I would like inform you of my recent financial hardship.  The above reference account is past due already.

My parents have been undergoing medical treatment and I am the one who is in charge in all expenses in terms of their medicines that’s why we are now spending an additional amount of Php12,000 per month that we did not anticipate.

In this regard, I would like to request to your good office a payment plan program that would allow me to have lower payments until I can resume normal payments.

Attached herewith is my supporting document that supports my financial difficulty this time.

Thank you for your time. I hope to hear from you soon.


Mikel D. Pascual

Mortgage Loan Payment Plan Request Letter

January 12, 2003

Mr. Ronald Marasigan
Account Manager
ABC Lending Investor

Dear Mr. Marasigan:

I would like to inform you that I am currently going through hard time such as some financial difficulties that I will not be able to pay my monthly payment to you.  It has been four (4) years now since I bough our dream home with my family.

My wife is suffering illness which I was burden with medical bills which is not covered by my insurance and we have to spend an additional of Php10500 per month on her medicines that we did not anticipate.

As of now, we cannot afford to keep our home and make the payment on time. Because of our current situation, I would like to suggest us a payment plan that is mutually beneficial to all of us.

I hope for your kind consideration.

Very truly yours,

Edwardo R. Lintag


Mortgage Loan Hardship Letter

April 23, 2007

Ms. Roda M. Agarte
Account Manager
ABC Credit Inc.

Dear Ms. Agarte:

Due to recent recession, my company has nothing to do but cut off our salary.  Consequently, my income has greatly reduced that’s why we afford to pay the monthly mortgage loan.

I would like to request a loan modification that would benefit us.  We would be grateful if you can work with us to lower the payment so we can keep our home and also afford to make amends with your firm.

Attached herewith is documents that will confirm my present financial status. My family will appreciate your cooperation in this matter. If you have any questions, please contact me at (047) 461-4047.

I, Almira del Valle, state the information provided above is true and correct to the best of my knowledge.


Almira del Valle
Santana Land, Abucay, Bataan
(047) 461-4047
Account No. 45714582

Sample Loan Modification Hardship Letter

September 12, 2008

Mr. Jose Francisco
Loan Office
ABE Financial Consultants
Ayala, Makati

Dear Mr. Francisco:

We would like to request for loan modification program to retain our home and avoid foreclosure.  As you will know, we have been delinquent on our mortgage payments due to some unavoidable circumstances.  We have tried our best to pay back our dues on time but failed.

The reason of our missed mortgage payment is layoffs from employment and our present income does not permit us to continue the payments as per the prevailing loan agreement. Still, we have full intention to pay back the entire loan amount and keep back the home with us.  We are sure that this situation is temporary and we would continue with the earlier agreement as soon as we return to our earlier course of income.

We hope to any cooperation to modify our loan and consider our situation.

Sincerely yours,

Rosemarie M. Lopez

Rodolfo G. Lopez

Loan Modification Hardship Letter

April 23, 2009

Mr. Ricardo K. Fajardo
East West Bank
Tondo, Manila

Dear Mr. Fajardo:

We are currently 3 months behind on our mortgage payments since I was layoffs from employment 5 months ago. So, I am writing this letter to request your assistance to help us through loan modification.

It is easy for us to meet our mortgage obligations.  However, because of employment layoffs and my daughter’s hospitalization, we are not able to make our payment and have fallen further and further behind.

I believe that for the next month, I will be able to find additional employment.  I would appreciate your help in working out to retain our home and avoid foreclosure

We hope for your kind understanding and willingness to help us.

Sincerely yours,

Edward D. Sta. Maria

Hardship Letter Sample – Mortgage Loan

April 21, 2001

Ms. Yna S. Brown
Prufinancial Assistance Inc.
Ayala, Makati

Dear Ms. Brown

I am writing this letter to explain my financial hardship at this time.  We become delinquent on our mortgage and we do everything to save our home.

We are supporting the hospitalization of my mother that’s why our income has been reduced.  I would like to request for loan modification in order to lower our mortgage payment and avoid foreclosure of our family home. We truly appreciate your cooperation this matter.

Enclosed are documents that substantiate my present financial status.

I, Leonard M. dela Cruz, that the information provided above is true and correct to the best of my knowledge.

Very truly yours,

Leonard M. dela Cruz
Santana Land Abucay, Bataan
Account No. 45745

Sample Hardship Letter – Mortgage Loan

November 15, 2006

Mr. Miguel Estrada
ABC Real Estate Loan Investor
Balanga City, Bataan

RE: Account Number  41572-1452

Dear Mr. Estrada:

I am requesting that you review my financial situation to see if I qualify for any payment option available.

I feel behind on my mortgage payments because my income has dropped considerably since October and I can no longer afford the terms of the original loan. I am experiencing financial hardship because I was laid off in my second job last month.

Enclosed is my recent financial document such as copies of my bank statements and proof of income.  I am sending these documents to show my present economic situation.

Since I am your loyal customer for the last two years, I would like to ask for a loan modification that involved payments of no more than Php 25,000.00 per month, I know I will be able to afford.

I believe that this is only a temporary condition and very soon I will be able to make my payments in full again.

Thank you for your consideration and I really appreciate any help you can offer me.

Respectfully yours,

Digna Briones
Del Rosario St.
Pilar, Bataan
Tel. No. (047) 475-2154