Letter requesting a hardship loan from my on my 401 retirement account to prevent foreclosure on my property

Dear 401(k) Plan Administrator,

I am writing to request a hardship loan from my 401(k) retirement account to prevent foreclosure on my property. I have experienced an immediate and heavy financial need due to unforeseen circumstances, and I am unable to meet my mortgage payments without assistance.

I have tried to explore all other options to prevent foreclosure, but I have been unable to secure the necessary funds. I have reviewed the terms and conditions of my 401(k) plan and believe that I am eligible for a hardship loan under the circumstances.

I am requesting a loan amount of [insert loan amount] to cover the costs associated with preventing foreclosure on my property. I understand that this loan will need to be repaid, and I am committed to making timely payments to ensure that the loan is repaid in full.

Please let me know if you require any additional information or documentation to process my hardship loan request. I appreciate your understanding and assistance in this matter.

Sincerely,

[Your Name]