US Bank Short Sale on Loan Originated on 2014
Will US Bank (or any other bank for that matter) consider/allow a short sale for a loan originated in 2014? Seller has legitimate hardship per current HAFA guidelines, but HAFA guidelines also indicate that to be eligible for foreclosure alternative assistance (i.e., short sale) the associated mortgage loan must have been originated on or before January 1, 2009. Thanks!
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Permalink Reply by Short Sale Superstars LLC on
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Yes, they can still be reviewed for a short sale. They are not eligible for HAFA due to loan origination date. What type of loan did borrower use to purchase the home? They may be able to qualify for another relocation incentive but I would not expect on $10,000.
USBank can be a pain in the backside.
If you have questions or anything at all, feel free to reach out.
310-564-6389
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