Joe and Jane Smith
123 Anywhere Street
Anytown, State 12345

Sue Jones
Any Town Lender
123 Anywhere Street
Anytown, State 12345

Today's Date

RE: Your Loan Number (include either Loan Modification or Short Sale)

Dear Ms. Jones,

I (we) am contacting you today to explain the circumstances which have caused me to fall behind on my mortgage payments. Although I have done everything possible to improve my financial situation, I am still short on the money owed to you. I would greatly appreciate the opportunity to obtain a loan modification (or short sale).

The primary reason I have become delinquent in my mortgage payments is (explain the reason here). Since I do not have enough income to pay my regular monthly mortgage payment, I am falling further behind and am concerned I will not be able to pay what is owed. I truly want to pay what is owed, but at this time do not know how to accomplish this. Therefore, I am turning to you for assistance.

I am asking for consideration to temporarily reduce or suspend my mortgage payments for a few months. Doing so, would help me get back on track. My home means a great deal to me and I desire to work with you to keep it out of foreclosure. Please advise me of all options available to stop foreclosure at your earliest convenience. I am anxious to reach an agreement and appreciate your prompt response.

Respectfully yours,

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