Mortgage Recast Request Guide

Hello Anna,
To recast your mortgage, you can follow these steps:
- Contact your loan servicer directly. Use the contact information provided on your mortgage statement.
- Inquire about their recasting policies and the requirements.
- Submit a written request if required.
Have you already reached out to your loan servicer?

Hello Anna,
If you wish to contact the loan holder directly, you can:
- Review your mortgage statement for contact details of the loan holder.
- If the information is not available, request it from your loan servicer.
- Confirm the loan holder’s contact information and reach out to them via phone or mail.
Would you like any additional guidance on this process?

Hello Anna,
When contacting your loan holder directly, here are some steps you can take:
- Explain your situation clearly, mentioning your permanent Social Security disability status.
- Provide any relevant documentation to support your request.
- Request a reasonable accommodation due to your disability.
Would you like assistance drafting a letter or preparing documentation?

Hello Anna,
Here are some key points for drafting a letter to your loan holder:
- **Introduction**: Briefly introduce yourself and mention your mortgage account number.
- **Explain Your Situation**: Clearly state that you are on permanent Social Security disability.
- **Request**: Ask for a recast of your mortgage and explain how this would help you manage your payments.
- **Documentation**: Mention that you have attached relevant documentation supporting your Social Security disability status.
Would you like a sample template for the letter?

Hello Anna,
Here's a sample template for your letter:
---
[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]
[Loan Holder’s Name]
[Loan Holder’s Address]
[City, State, ZIP Code]
Subject: Request for Mortgage Recast Due to Permanent Social Security Disability
Dear [Loan Holder’s Name],
I hope this letter finds you well. My name is [Your Name], and I am writing to you regarding my mortgage account, [Your Mortgage Account Number].
I have been a responsible borrower and have always maintained my payments on time. However, due to unforeseen circumstances, I am now on permanent Social Security disability. This has significantly impacted my financial situation.
I am seeking a recast of my mortgage, which would allow me to adjust my monthly payments to better align with my current financial capabilities. Enclosed with this letter, you will find documentation of my permanent Social Security disability status.
I kindly request you to consider this accommodation due to my disability and help me manage my mortgage payments more effectively. Your understanding and assistance in this matter would be greatly appreciated.
Thank you for your time and consideration. I look forward to your positive response.
Sincerely

You're welcome, Anna! Here is the completed template for your letter:
---
[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]
[Loan Holder’s Name]
[Loan Holder’s Address]
[City, State, ZIP Code]
Subject: Request for Mortgage Recast Due to Permanent Social Security Disability
Dear [Loan Holder’s Name],
I hope this letter finds you well. My name is [Your Name], and I am writing to you regarding my mortgage account, [Your Mortgage Account Number].
I have been a responsible borrower and have always maintained my payments on time. However, due to unforeseen circumstances, I am now on permanent Social Security disability. This has significantly impacted my financial situation.
I am seeking a recast of my mortgage, which would allow me to adjust my monthly payments to better align with my current financial capabilities. Enclosed with this letter, you will find documentation of my permanent Social Security disability status.
I kindly request you to consider this accommodation due to my disability and help me manage my mortgage payments more effectively. Your understanding and assistance in this matter would be greatly appreciated.
Thank you for your time and consideration. I look forward to your positive response

You're welcome, Anna! If you need any further assistance or have additional questions, feel free to ask. Good luck with your mortgage recast request!