I am dealing with a short sale only on the second lien holder. The first will get pay in full, but there is not enough money to pay both. However, the seller was hoping to get relocation assistance.
Please share your experience with Ocwen if you have obtained relocation when doing the short sale only on the second loan. Thanks
I've gotten this with Citi..10k...there are no standard rules on seconds only. You just may not know til approval. I always throw it on my CD just to try.
I think your safest bet here is to tell your client to expect nothing, but that you will try. You just can't guarantee anything.
I would say that it's more of a rarity that a second mortgage lender like ocwen mortgage to give ocwen customers (ocwencustomers com) on an Ocwen Loan. It's possible that certain lenders like Select Portfolio Servicing are a little more flexible but it's not really up to Select Portfolio as much as it's up to it's investors. Chase Mortgage and PNC Mortgage are also questionable.
Best of luck and let us know how it goes.