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Subject: Request to Remove Premium Mortgage Insurance
Respected Sir/Madam,
I request you to remove PMI from my mortgage amount. For me, it is an extra amount that is quite difficult for me to pay with each installment.
Moreover, I have been paying my mortgage installments on time and will continue to do so. I hope you will give me this facility keeping in view my situation. I will be grateful for your cooperation.
(Loan ID, Card No.)
Sincerely Yours,
Your Name
Date:
Address:
City:
Subject: Letter to Mortgage Company to Remove PMI
Dear (Servicer Name)
I am requesting to cancel my exclusive mortgage indemnity. The gamut is with (Mortgage Company Name), and my mortgage loan number is (Loan number). I have included the documents to show why I want the equity in my home to have reached 30%.
(List of the documents)
Please contact me at(Address, Phone Number). Thank You for your expedite.
Your Sincerely,
Your Name
To Whom It May Concern
I am writing on behalf of (Company Name). Mr. Saad has been working with us for the last four years. His salary is 4000 dollars, including a traveling allowance, which can be up to 500 dollars per month. Mr. Saad has no remaining dealings or assets with the company.
The company has no objection if your company does any mortgage-related transactions with Mr. Saad.
Regards,
Your Name, Designation, Contact Details
Date :
Address:
City:
Subject: Letter to Mortgage Company to Explain Late Payments
Dear (Servicer Name)
I want to inform you that my job has been terminated which is making it difficult for me to repay my mortgage. Due to this, I also find it difficult to run my daily affairs, and my installment payments are late.
I request you to reduce my monthly installment for few months or, if possible, reschedule all my installments after six months so that I find a new job and then start paying installments. I will be thankful for your kind cooperation.
Please contact me at(Address, Phone Number). Thank You for your expedite.
Your Sincerely,
Your Name
Yes, there are companies offering advance payments of the mortgage amount, but you read the terms and conditions of the mortgage amount. Sometimes, you cannot make the advance payment, like if you are a salaried person and your salary is too low for a lump sum payment. In this case, sometimes companies impose terms to avoid advance or lump sum mortgage payments.
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