Saturday, October 25, 2014

Loss Mitigation Packet

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The following items are needed for a face-to-face counseling session as they will be used to compile a loss mitigation packet:
 
  1. Most recent statements for any mortgages on the property.
  2. List of monthly expenses and supporting documentation (ie, copies of bills, statements, etc.)
  3. Proof of income (ie, paycheck stub, profit/loss statement, unemployment, SSI, etc.)
  4. Two months of bank statements
  5. Most recent utility bill
  6. Most recent tax returns
  7. Any correspondence with the lender or other related documents
  8. IRS 4506-T
  9. Hardship letter

 

  
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