A hardship letter for short sale is a letter which is written by a borrower to a lender to explain reasons for inability to make monthly mortgage payments on time and to request the lender or bank for short sale rather than foreclosure or bankruptcy.  A sample has been provided below.

Sample Hardship Letter for Short Sale:


Eastern London Home Loans


Date: 3rd March 2014

Subject: hardship letter for short sale

To whosoever it may concern

I, Frieda Pinto purchased our family home in the year 2007 and since then the mortgage rates have gone up due to the current slowdown in the economy.  Due to this rise in prices as well as the death of the principal mortgagor-John Pinto; I have been unable to pay the bills on time.

In the last 6 months, my family’s economic situation has become worse because of the sudden demise of my father and because my brother had to leave his job to handle the family business.  I have been trying to improve this condition by working double shifts but even inspite of that, I am not able to afford the new payment rates.  Thus, at this point in time, I am looking to avoid bankruptcy and request you to consider short sale approval, which will be beneficial for both parties.

I am enclosing financial statements and documents to support my request and hope that you will be willing to help me and my family to get out of this hard situation.

Thanking you

Frieda Pinto

Home Loan Account Number-789799/909