Since Bank of America is one of  the larger lenders, I have written many hardship letters to them on behalf of homeowners.

In this collection of letters, I have chosen to include 5 hardship letters that have been approved by Bank of America.

These letters are described here:

1. Hardship letter for loan modification – primary residence, 1st mortgage – hardship is due to loss of income.
2. Hardship letter for loan modification – primary residence, 1st mortgage – hardship is due to reduced income and being upside-down in the mortgage.
3. Hardship letter for a deed in lieu of foreclosure – primary residence, 1st mortgage – hardship is due to the death of the homeowner.
4. Hardship letter for loan modification – primary residence, 1st mortgage – hardship is due to divorce.
5. Hardship letter for reduction in repayment plan – primary residence, 1st mortgage – hardship due to unexpected expenses due to spouse being deployed to middle east.

If you need a hardship letter for Bank of America, these letters should give you a great start at wording your letter correctly.  If your specific situation is not described in these letters, it is most likely described fairly well in one of the other 27 letters in this collection.

Let me know if you have any questions.

Best of luck,

Becky