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Last reviewed 2026-05-15Short-Sale.com Editorialhardship

Hardship documentation basics

Loss-mitigation teams use your hardship narrative to understand what changed between loan origination and today. Think chronologically: income, expenses, medical events, divorce decree timing, or business failure.

Typical categories (illustrative only)

CategoryExamples of what reviewers may request (varies)
Income lossTermination letter, unemployment filings, year-to-date pay
MedicalBills, insurance explanations of benefits (redact as needed)
DivorceCourt orders touching occupancy or support
BusinessStatements if self-employed

Accuracy matters

Do not round numbers optimistically. Misstatements can be treated as fraud by investors—not legal advice here, simply a practical warning from common industry language.