Due to the global coronavirus pandemic, a lot of banks and mortgage companies have developed programs to assist borrowers in their times of need. Compiled is a list of contact information as well as direct links to information regarding COVID-19 relief programs.
During this challenging time, when many are without jobs, homeowners seek options to save their homes as they become unable to maintain their current mortgage payments. Compiled is a list of lenders with requirements as well as contact information for those lenders.
When you have exhausted all options in attempting to modify your current loan and are still unable to meet the requirements to maintain the payments, a short sale could be your answer. Compiled is a list of lenders with requirements as well as contact information for those lenders.
Undergoing the process of selling your home through a short sale may not be what you had in mind but receiving that approval letter will be a weight lifted knowing that you will be able to avoid foreclosure. We have compiled many different samples of approval letters from various lenders for you to get familiar with how different lenders approach a short sale.