Get the free Request for Mortgage Assistance

This document provides counselors with guidance on assisting homeowners in financial distress by detailing updates to the Request for Mortgage Assistance form and emphasizing the importance of accurate

How to fill out request for mortgage assistance

How to fill out Request for Mortgage Assistance

1. Obtain the Request for Mortgage Assistance form from your lender or servicer.
2. Fill in your personal information, including your name, address, and contact details.
3. Provide information about your loan, such as the loan number and property address.
4. Explain your financial situation, detailing any hardships that affect your ability to make mortgage payments.
5. Include any required documentation, such as income statements, bills, and financial statements.
6. Sign and date the form to certify that the information provided is accurate.
7. Submit the completed form and documentation to your lender or servicer, and keep a copy for your records.

Who needs Request for Mortgage Assistance?

1. Homeowners who are facing financial difficulties that affect their ability to pay their mortgage.
2. Individuals experiencing temporary hardships, such as job loss, medical emergencies, or other unforeseen circumstances.
3. Borrowers seeking assistance to avoid foreclosure or to modify their mortgage terms.

People Also Ask about

What is a request for mortgage assistance?

If you are having trouble with your mortgage, your servicer will try to understand your situation. If there is a hardship, your servicer will explore mortgage assistance options with you. Options might include a repayment plan, loan modification, short sale or Deed-In-Lieu of foreclosure.

Does mortgage mean death pledge in French?

The word mortgage is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure.

How to write a hardship letter for mortgage assistance?

What to include in a hardship letter The date, your name, address and phone number. The lender/servicer and loan number. The date or approximate time frame when the hardship started. The expected timeframe of hardship — short term (six months or less) or long term. Describe your goal. State the facts, not emotions.

What is a mortgage request?

A mortgage application is a form requesting to borrow a loan to buy a home or refinance an existing mortgage, typically completed by the prospective borrower or the mortgage loan officer. This form covers all aspects of the borrower's finances, as well as the property attached to the loan.

How do I ask my mortgage company for help?

Find the telephone number for your mortgage servicer by looking on your monthly mortgage loan statement, in your mortgage loan coupon book from your lender, or on your mortgage servicer's website. If you don't know the name of your mortgage servicer, contact a HUD-approved housing counseling agency for help.

How to write an appeal letter for mortgage assistance?

Personal information: Include your name, loan number, and property address. Reason for the appeal: Address the specific reasons for your denial and why you believe the decision should be reconsidered. Updated financial information: Highlight any changes in your financial situation or errors in the initial assessment.

For pdfFiller’s FAQs

What is Request for Mortgage Assistance?

Request for Mortgage Assistance is a formal application submitted by a borrower seeking help from their lender or mortgage servicer to modify the terms of their mortgage or to obtain other forms of assistance to avoid default or foreclosure.

Who is required to file Request for Mortgage Assistance?

Borrowers who are experiencing financial hardship and are unable to meet their mortgage payments are typically required to file a Request for Mortgage Assistance with their lender or mortgage servicer.

How to fill out Request for Mortgage Assistance?

To fill out a Request for Mortgage Assistance, borrowers should provide detailed information about their financial situation, including income, expenses, and any hardships they are facing. It's often helpful to follow the specific instructions provided by the lender or servicer and include necessary documentation.

What is the purpose of Request for Mortgage Assistance?

The purpose of Request for Mortgage Assistance is to facilitate a structured approach for borrowers in need of help to communicate their financial difficulties to their lenders, and to outline the specific assistance they are seeking to avoid foreclosure.

What information must be reported on Request for Mortgage Assistance?

The information that must be reported on a Request for Mortgage Assistance typically includes the borrower's personal information, account number, income details, monthly expenses, any current financial difficulties, and the type of assistance being requested.