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Just wanted to share something I learned recently when my cousin was struggling with mortgage payments. Turns out, if you document your financial hardship really clearly and show exactly how your situation changed (like job loss, medical bills, etc.), banks are way more likely to work with you on adjusting your loan terms. Seems obvious now, but we didn't realize how detailed you gotta be. Curious if anyone else has stumbled onto other helpful tips or tricks...
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Good point about documenting clearly, but honestly, banks can be pretty inconsistent. I've seen clients with detailed hardship letters still get denied. Sometimes it just depends on who reviews your case or even timing... luck plays a bigger role than we'd like to admit.
