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What qualifies as a hardship?

April 26, 2017hardship qualifies

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What qualifies as a hardship?

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A hardship is categorized by anything that has made it difficult for you to handle your mortgage payment. Common hardships include interest rate adjustments, decrease in your income or a loss of employment, loss of home equity, divorce or a death in the family. If you find yourself struggling to pay your monthly bills due to a change in your financial situation, then you definitely have a hardship.