Quicken Loans short sale - Any Advice?
I will be working with our Seller to short sale their Quicken Loan mortgage. They are elderly and the husband is very ill. Any advice on where to start. Will I have to use Equator or can I deal directly with Quicken? Thank you!
Replies to This Discussion
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Permalink Reply by Brett Goldsmith on
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Hello, Quicken does not use equator. They process short sales the traditional way. Do you know who the investor or insurer on the note is?
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Permalink Reply by Terri Barrow on
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I don't have a copy of the Note but the original Mortgage shows Quicken Loans and then assigned to MERS. Not sure if that helps! Thank you as always for your help!
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Permalink Reply by Minna Reid on
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Every short sale I've done with Quicken has been an FHA loan, so I assume they carry a lot of that. Just call and ask who the investor is. They don't use Equator, but I've always found them to be very quick and efficient.
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