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First, find out if the borrower's mortage is with Regions Bank or Regions Mortgage. They are handled separately.
Regions Bank (not Regions Mortgage * see below)
Regions Bank Telephone 1-800-986-2462
Regions Mortgage is different from Regions Bank for short sales. Here is what they need:
Regions Mortgage 1-800-986-2462
Regions Mortgage fax 601-554-2913 or 601-554-2940.
These are the items Regions needs in order to review the account for a short sale
Regions Mortgage Uniform Borrowers Assistance Form
1. A signed sales contract
2. Most recent pay stubs ( to cover 30 days)
3. Recent bank statement ( to most recent months)
4. Completed financial form
5. Last two years tax returns ( must be signed)
6. Signed authorization form for 3rd party
7. Contact information for person/ agency to access to property so aprasial can be done
8. HUD settlement statement
9. Listing agreement
10. Buyers proof of funds
11. Short Sale affidavit
You can fax information to 601 554 2913 or 601 554 2940.
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