Short Sale Closing Experts, LLC
Home   Sitemap
SSCE’s Manager and Negotiator, Robert W. Leavitt, is a licensed Loan Originator and authorized to negotiate Short Sales by the Arizona Department of Financial Institutions Loan Originator
Licensee Number: LO-0914714 and the Nationwide Mortgage Licensing System and Registry License Number: 311191.
Home   Needed Documentation Definition of Terms Financial Implications Liens Holder Options   FAQ     Contact Us
Login
Services
  Needed Documentation
  Definition of Terms
  Financial Implications
  Liens Holder Options
  FAQ
  Contact Us
Latest News

 

IMPORTANT NOTICE:
Short Sale Closing Experts, LLC ("SSCE") is a for profit business not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit rating."

Needed Documentation
Most Lenders require the following documentation. All lenders required documentation must be provided in order to open a case with the Lender.

1. Letter of Authorization for Agent or Broker :
Names the agent as authorized representative in order to communicate and negotiate with the Lender on Borrower’s behalf. Must be signed by all borrowers
2. Listing Agreement :
Lender May require a fully executed Listing Agreement.
3. Broker Price Option (BPO) / Comparative Market Analysis (CMA) :
Lender will require a Market Analysis or other justification of the estimated value of the property. Include recent, valid comparables within close proximity.
4. Purchase Contract :
A complete, readable, fully executed copy of the entire agreement. Be sure to include all counter offers and addendums.
5. Financial Statement/P&L :
The borrower will need to disclose enough information to demonstrate that a financial hardship exists. The Lender has the right to require extensive financial information. Generally a complete Freddie Mac Financial statement is sufficient.
6. Lender Statements :
Lender will want to see two to three months of Lender activity for all borrowers on the loan. Statements for non-retirement accounts should be included.
7. Hardship Letter :
Borrower should explain why they need relief from the mortgage. The letter should detail any job loss, illness, relocation or other circumstances that caused the inability to continue the scheduled payments.
8. Proof of Income :
Two to three months of pay stubs for all borrowers.
9. Tax Returns :
Provide at least the last two years of Federal income tax returns (1040 only)

Downloadable Docs (click document name to download)
 Contract Submission Form Agent Documents (All in One)
 Contract Submission Form SSCE Required Forms Package (All in One)
 Short Sale Consulting Agreement SSCE Additional Information
 Broker/Agent Free Agreement Agent Fee Agreement
 Broker/Agent Free Agreement Contract Submission
 Client Detail Form Short Sale Disclosure
 Client Detail Form SSCE 3rd Party Authorization
 Financial Hardship Form Financial Hardship Form
 Financial Analysis Form Financial Analysis Form
 Short Sale Disclosure Tax Forms
 SSCE 3rd Party Authorization Short Sale FAQ
 F4506T Short Sale Process
 F4506T Loan Originator License
 
Needed Documentation | Definition of Terms | Financial Implications | Liens Holder Options | FAQ | Contact Us
Copyright © Indisoft LLC