I have done a few short sales with Wells Fargo but never when both liens were with them. Do I need to upload the two loans separately into Equator or will Wells Fargo handle the two together? Thanks for the help!

Views: 218

Replies to This Discussion

Sam -

 

If the 2nd is a HELOC you need to contact that department directlty and deal with that loan as a separate negotiation.

 

Thom Colby

Broker

Newport Beach / Palm Desert CA

Depends on which department has the second. I have had short sales where the second is the same as the first and the stay togther in equator. But if it is a Heloc second you need to initiate the short sale with that department and they do not use equator. Here is there contact info:

 Wells Fargo Line of Credit Division 866-961-6861 or 866-970-7821
Third Party Authorization: 866-917-1877 (fax)
Fax: 866-834-7850 or 866-834-7949

 

Good Luck!

I had the same thing-I had 2 different loan numbers & negotiators so 2 separate packages...both were approved but at different times.

Sam you'll need to do them separately. Most likely 2 different divisions.  That's how my last one was.

RSS

Members

© 2024   Created by Short Sale Superstars LLC.   Powered by

Badges  |  Report an Issue  |  Terms of Service

********************************** like buttons ************************