If you have fallen behind on your mortgage and need an adjustment plan from the lender, a hardship letter is what you may need. An HSBC hardship letter is a letter you should send to your mortgage company explaining why you didn’t make your payments on time.

The hardship letter should be sent to the collections department to convince them to modify the loan. This is the only chance to save your home, so you must write the memorandum correctly taking all precautions into consideration.

Here are some HSBC features that will help owners fill out the form without any confusion in their mind:

· Try not to exceed one page as the long note would not draw the reader’s attention to it.

Be simple and clear in your words and try to personalize your subject as much as possible by including details of your current financial situation that interest the reader to read it carefully and understand your situation.

Your letter should include enough detailed information but to the point. Attach any required documents that may be needed by the lender. You can include all of your financial statements and statements of income and expenses.

· Ask HSBC to consider your loan modification request as you have taken all possible steps to meet the loan modification requirements.

· Clear any doubts from HSBC with possible reasons and tell them that you are fully committed to the bank and look forward to future work as well.

Finally, be humble and thank them in advance for approving your loan agreement.

This is the sample format of the letter of hardship that the borrower must send with the complete information to the HSBC mortgage lender

Your name
Your adress
Bank Name – HSBC
Loan account number

To end the letter, you should conclude with:
Yours sincerely/respectfully
His sign
Date

If you want to be successfully approved for your HSBC loan, you must follow this format while writing a hardship letter for it. Make sure you read the guidelines given by the bank and work according to them.