Information your lender will need

• Name
• Address
• Telephone number
• Email address
• Your loan number
• Your interest rate
• The term of your loan (number of years)
• Whether you have equity
• The amount of your regular mortgage payment
• The amount of housing-related debt (including taxes, insurance, condo fees)
• Whether finds are being escrowed for taxes and insurance
• whether you have received any notices, especially of a foreclosure date
• Current income and expenses
• Reason for default
• Is the loan in bankrupty? (If yes, you will need to provide the names, location, case number and attorney)
• Is the property owner-occupied?

Hardship Letter Checklist
Your lender will want you to write a letter explaining why your mortgage is late.  Reasons may include:

• The amount of mortgage increased
• Unemployed
• Cut in play
• Job relocation
• Business failure divorce
• Separation
• Death of spouse
• death of family member
• Illness
• Medical bills
• Other bills