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!
Tags:
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
© 2024 Created by Short Sale Superstars LLC. Powered by
Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.