[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Loan Service] [Loan Service's Address] [City, State, ZIP] Subject: Insufficient Amount to Reinstate Loan Dear [Loan Service's Name], I hope this letter finds you well. I am writing to discuss the insufficient amount provided to reinstate my loan regarding the property located at [property address]. I am a resident of Massachusetts, and I believe that there might have been a misunderstanding or error in calculating the reinstatement amount. As a homeowner facing financial challenges, I understand the importance of keeping my loan account in good standing. I have made every effort to gather the necessary funds to reinstate the loan, and I provided an amount that I thought would cover the outstanding balance, penalties, fees, and any other applicable charges. Unfortunately, I have been informed by your staff that the amount I submitted fell short of the required total. I kindly request your assistance in providing a detailed breakdown of the reinstatement amount, outlining the various expenses and fees included in the calculation. It would be tremendously helpful if the different types of charges were itemized in a way that allows me to better understand the nature of each fee. This breakdown will allow me to identify any discrepancies and address them with the necessary urgency. Moreover, I would appreciate it if you could explain the consequences of not being able to reinstate the loan within the specified time frame. Understanding the potential repercussions will guide me in making informed decisions regarding my financial situation and avoiding any further complications. To rectify this issue, I propose that we schedule a meeting or phone call to discuss the outstanding amount, the breakdown of charges, and any other relevant information related to my loan reinstatement. This will provide an opportunity for us to clarify any misunderstandings and work towards a mutually agreeable resolution. I am willing to cooperate fully and provide any additional documentation or information required to facilitate this process. I value my relationship with your company, and I believe that open communication and cooperation are crucial in resolving this matter. Furthermore, I trust that we can find a solution that aligns with both parties' interests and allows me to reinstate my loan promptly. Furthermore, I kindly urge you to consider my request seriously and respond within [7-10 business days] of receiving this letter. Thank you for your attention to this matter. I look forward to hearing from you soon. Sincerely, [Your Name]
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.