Get the free Mortgage Assistance Form

This document is used to confirm mortgage details and request assistance for overdue mortgage payments, verifying the borrower's primary residence and responsibility for the payment.

How to fill out mortgage assistance form

How to fill out Mortgage Assistance Form

1. Gather necessary documents such as proof of income, bank statements, and mortgage details.
2. Download the Mortgage Assistance Form from the appropriate website or obtain a physical copy.
3. Fill in your personal information, including name, address, and contact details.
4. Provide details about your mortgage, including the lender's name and loan number.
5. Indicate the reason for your mortgage assistance request, such as financial hardship.
6. Attach required documentation to support your request.
7. Review the completed form for accuracy and completeness.
8. Submit the form via the specified method (online, mail, or in person).

Who needs Mortgage Assistance Form?

1. Homeowners who are experiencing financial hardship and are struggling to make mortgage payments.
2. Individuals facing temporary financial difficulties due to job loss, medical emergencies, or other unforeseen circumstances.
3. Borrowers seeking assistance to avoid foreclosure and maintain homeownership.

People Also Ask about

What is considered a hardship for a mortgage?

The hardship could include: job loss; reduction in income; reduction in hours worked; increased costs due to healthcare; increased costs due to the need to care for family members; or other issues which have impacted the household's income.

What can I do if I'm struggling to pay my mortgage?

Just contact your mortgage company and request a hardship payment deferral of one month. They should be willing to extend your last payment date to account for the hardship.

How to write a financial 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 proof do you need for financial hardship?

Information that is relevant would include: Details of your income. Details of your expenses. The cause of your financial hardship (and evidence of the cause if available, for example, a medical certificate)

What not to put in a hardship letter?

Your hardship letter should be honest, concise, and under one page. It should explain your current financial situation and what caused it. Don't include unnecessary or damaging details, such as blaming the lender or mentioning outside financial help might be available.

What is a verification of a mortgage request form?

A verification of mortgage, or VOM, is a form used within the mortgage industry as a means to obtain borrower payment history on any existing mortgage accounts they may have.

What is an example of a hardship letter for a mortgage?

Sample Letter to Mortgage Company Because of this, my income has been severely cut and I am unable to pay the entire cost of my mortgage, along with my other expenses. As we had agreed in our conversation, I will be able to make regular payments in the amount of $_.

For pdfFiller’s FAQs

What is Mortgage Assistance Form?

The Mortgage Assistance Form is a document used to apply for help with mortgage payments or to seek modifications on an existing mortgage loan, typically due to financial hardship.

Who is required to file Mortgage Assistance Form?

Homeowners who are experiencing difficulty in making their mortgage payments and need financial assistance or a loan modification are required to file the Mortgage Assistance Form.

How to fill out Mortgage Assistance Form?

To fill out the Mortgage Assistance Form, gather necessary financial documents such as income statements and bank statements, complete all required fields accurately, provide details about your mortgage and financial situation, and submit the form according to the lender's instructions.

What is the purpose of Mortgage Assistance Form?

The purpose of the Mortgage Assistance Form is to provide lenders with the information needed to evaluate a homeowner's financial situation and determine eligibility for mortgage assistance programs.

What information must be reported on Mortgage Assistance Form?

The information that must be reported on the Mortgage Assistance Form includes personal identification information, mortgage account details, income, monthly expenses, financial hardship explanation, and any other relevant financial documentation.