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How Do You Get Mortgage Refinancing With A Hardship Letter?

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How Do You Get Mortgage Refinancing With A Hardship Letter?

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Often times help is just “a little knowledge” away. That means 1) you have to know help is available and 2) how to get it. One way to stop foreclosure is home refinancing. If your mortgage lender requires a “hardship letter”, read this article to find out how to write it. Jot down steps that brought you to your hardship. Various events causes hardship and mortgage lenders are willing to help with home refinancing if they are given a good reason. That reason however must be delivered in a manner that shows you are a responsible person that simply fell on hard times. Jot down timelines and events leading up to your hardship. Create your letter. More often than not, several events occurring one after another will place you in financial distress. Some of the most common occurrences include 1) divorce, 2) illness leading to high medical bills and inability to work, 3) loss of job, 4) military deployment, 5) reduced income (only one person working when originally there wee two incomes), 6) d

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