A home loan modification letter, sometimes also called a hardship letter, is a request from a borrower to a lender to change the terms of a home loan. Borrowers typically write these letters when they can no longer affor... More »

Eligibility requirements for the Home Affordable Modification Program include financial hardship, delinquency on a current mortgage, and the mortgage must have been created before January 1, 2009, notes Making Home Affor... More »

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As of 2015, eligibility for the Home Affordable Modification Program depends on the applicant's ability to meet six requirements that prove his debt and inability to pay his current mortgage, explains the Departments of ... More »

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A request for modification affidavit form is a form submitted to a lender by a borrower when the borrower is experiencing financial difficulties and must ask the lender to modify the terms of his mortgage, the Mortgage R... More »

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A loan modification letter is a written request from a borrower to a lender to change the terms of the loan from the previously agreed contract, according to Loansafe.org. Borrowers usually request loan modifications due... More »

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A mortgage payoff letter is a letter from a mortgage lender that explains to the borrower how to pay off the home loan. As the end of a loan agreement approaches, the borrower requests a mortgage payoff letter in order t... More »

Consumer Finance notes that a lender has approximately five business days to acknowledge a borrower's request, beginning on the date that the letter is received. After that, the lender generally has up to 30 business day... More »

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