Dear [Lender's Name], I am writing to address the issue of an insufficient amount to reinstate my loan for the property located at [property address]. I am currently experiencing financial hardship, which has unfortunately led to a shortfall in the funds required to bring my loan current. Despite my best efforts, I am unable to meet the entire amount demanded for loan reinstatement by the specified deadline. I sincerely apologize for this inconvenience and understand the importance of timely loan payments. I am committed to resolving this issue promptly and maintaining a positive repayment history. Furthermore, I kindly request your assistance in reinstating my loan with a modified repayment plan that takes into consideration my current financial situation. Furthermore, I have revised my budget and have identified an alternative payment arrangement that would allow me to gradually catch up on the unpaid amount over the course of [proposed timeline]. This revised plan ensures that I manage my obligations diligently and restore the loan to its current status. I am fully aware of my responsibility to fulfill the financial commitment associated with the loan and assure you that I am actively working towards improving my financial situation. I genuinely value our relationship as lender and borrower and wish to continue it in good standing. Therefore, I kindly request your understanding and consideration for my proposal for loan reinstatement. Should you require any additional documentation or information to reassess my situation, please let me know, and I will promptly provide it. I sincerely hope that we can find a mutually beneficial solution that enables me to reinstate my loan successfully. Thank you for your time and attention to this matter. I appreciate your understanding and will eagerly await your response. Yours sincerely, [Your Name] [Your Contact Information]
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.