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Fannie Mae / Freddie Mac Form 710 - Mortgage Assistance Application.
How To Write A Hardship Letter: 7 Tips Include Accurate Contact Information. Be Personal, But Keep It Semi-Formal. Keep The Letter Short And Concise. State The Problem. Provide Enough Documentation. Include An Action Plan. Have Your Letter Reviewed Before Sending.
A financial hardship letter is a document in which you can detail your financial situation for your lender in hopes of getting a payment extension or reduction. This letter should explain your current financial situation and why youre unable to make payments.
Form 710 is a Borrowers application for Mortgage assistance due to financial hardship.
Filling out a 1003 form is the first step youll take to getting preapproved for a mortgage. Officially known as the uniform residential loan application URLA for short the 1003 application gives your lender the information required to determine whether you qualify for the loan youre applying for.