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In this tutorial, the speaker explains how to write a hardship letter for loan modification. A hardship letter is a personal letter to your lender that outlines the circumstances that have caused you to fall behind on mortgage payments. The tutorial provides a step-by-step guide, starting with the inclusion of your personal information, such as your full name, address (including number, street name, city, state, and zip code), and optional contact information (phone number or email). The next step is to write the date of the letter, using the format of month, date, and year. This detailed approach aims to assist viewers in effectively communicating their situation to lenders.
