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2. The Hardship Letter: Four Points to Make When Seeking a ... - AOL

   www.aol.com/news/2011-03-28-the-hardship-letter...

   The Hardship Letter: Four Points to Make When Seeking a Home Loan Modification or Short Sale. Tara-Nicholle Nelson. Updated July 14, 2016 at 9:15 PM. foreclosure sign - home loan modification.

3. What is a short sale? - AOL

   www.aol.com/finance/short-sale-234542168.html

   Provide a hardship letter. The first step of the short sale process is negotiating the sale with your mortgage lender or servicer. Write a hardship letter explaining that you’ve come up against ...

4. Mortgage loan modification: What it is and how to get one - AOL

   www.aol.com/finance/mortgage-loan-modification...

   Along with providing your servicer bank and other financial statements to show reduced income, put together a letter explaining the circumstances of the hardship. 3. Contact your servicer

5. Loan modification in the United States - Wikipedia

   en.wikipedia.org/wiki/Loan_modification_in_the...

   The Program will share with the lender/investor the cost of reductions in monthly payments from 38% DTI to 31% DTI. Servicers that modify loans according to the guidelines will receive an up-front fee of $1,000 for each modification, plus “pay for success” fees on still-performing loans of $1,000 per year.

6. Flex Modification Program (FMP): Everything you need to know

   www.aol.com/finance/flex-modification-program...

   In-house modification: Many mortgage lenders have created their own in-house modification programs that come with different terms than the FMP. Contact your lender to find out if it offers a ...

7. Loan modification vs. refinance: Which option is best for you?

   www.aol.com/finance/loan-modification-vs...

   Must show hardship: Lenders will only explore this option with you if you can show proof of ... upgrade your bathrooms or otherwise modernize your house, mortgage money is the cheapest financing ...

8. Missing mortgage payments: How many can I miss before ...

   www.aol.com/finance/missing-mortgage-payments...

   Your lender may offer you a forbearance or loan modification to help you through the hardship. If you are late making your payment but otherwise have a good payment history, you can ask your ...

9. How to write a letter of explanation for a mortgage - AOL

   www.aol.com/finance/write-letter-explanation...

   A mortgage lender might ask you to write a letter of explanation to better understand your finances when deciding whether to approve you for a loan. While your lender’s underwriting department ...