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