October 26, 2001
Mr. Yhael Rodrigo
Account No. 12478963
Lot 1 Blk 12 Harvor Subd
Paranaque City
To whom it may concern:
This letter informs my difficult situation right now which caused me to fall behind on my mortgage payments. So therefore, I would like to request for a loan modification to decrease my payments, fix my interest rate at a lower rate and recapitalize or forgive the delinquent payments so that I can prevent future delinquency.
My main goal now is to keep my home for the long term. I experienced hard times recently that why I fell behind on my payments because of my medical condition. Since that time, I was not be able update my payments. But now, I already my condition is improving and I can work full time.
Despite of my recent hardship, it is my own full intention to pay what I owe. Now that my situation are improving, I would appreciate your consideration to lower my payments, help me het caught back up, and fix the interest rate so that I can afford to stay in my house for the long term.
I hope for your understanding and help me to come up with a solution to resolve my current delinquencies and avoid problems down the road.
I really apologize for getting behind on my mortgage, but as you see my conditions have prevented my keeping with the mortgage.
Sincerely yours,
(signature)
Yhael Rodrigo