The "mortgage loan amount" is the amount of money that you are borrowing. Is the hardship permanent?Do you want to stay in the house? SCAO-Approved Forms for Use in Mortgage Foreclosure. This set of forms is used in mortgage foreclosure. Learn about Michigan foreclosure laws and how the foreclosure process in Michigan works, from missing your first payment to a foreclosure sale. This articles gives you simple tips about making foreclosure notices to keep up with the mortgage payments and services. Two ways in which you can prevent a foreclosure are reinstatement and payoff. Include the payment amount. Include the date you plan to make the payment.