Replies to This Discussion

Permalink Reply by AnaLee Schnell on November 12, 2012 at 6:43am

Hi Mariana,

In my experience with any bank; If proof of funds or bank statements are provided and the document says 1 of 8 pages for example, the bank wants all pages. If they do not want to provide all pages they can go to the bank and have something printed off showing the account balance. It just has to have the name of the LLC  that is on the contract printed on it and it must have a date. As long as it 1 of 1 page that is all the bank will want. Its the other 2 pages they feel that something is being hidden. Hope this helps. 

Permalink Reply by Uilani De Motta on November 12, 2012 at 7:05am

Dealing with Ocwen is not a fun adventure...They will never tell you everything they need all at once. Yes though I agree with Mariana, I've dealt with most of the lenders and whenever it says 1 of ___ they need all of the pages even if it is blank. Also, As of November 1st many lenders policies have changed so even though they may have done deals before and gotten by with only 1 page policies and short sales are constantly changing and with Ocwen as long as you keep the financials up to date and in front of the review policy you can get a approval or at least a decision within 30-45 days.   

Permalink Reply by Michael Hayley on November 12, 2012 at 9:56am

With Ocwen, its their way or the Highway. You might as well just do it!