BB&T Short Sales

This group is for information, tips and solutions for BB&T Short Sales.

Members: 101
Latest Activity: Feb 23, 2017

short Sale Information For BB&T

Click the button to hire a Short Sale Agent Superstar in your area

BB&T 1-800-827-3722 option 6 for Short Sale

Third Party LOA Fax 1-888-827-9863

Short Sale Fax 1-252-293-9058

BB&T Short Sale Package

BB&T Arms Length
Email First [email protected]
example [email protected]

BB&T approval letter, junior lien, without forgiveness BBT approval.pdf

Email Moderator with corrections or additional contact, short sale info to update group.

Discussion Forum

Special LOA?

Started by Guerry Clegg. Last reply by Chad Gelsinger May 9, 2016. 1 Reply

Getting Ready to List A Home w/BBT First & Second

Started by Barbara A. Reagan Dec 14, 2012. 0 Replies


Started by Cathryn Pizarro Sep 21, 2012. 0 Replies

Comment Wall


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Comment by Lisa Jalufka on January 27, 2016 at 4:06am

Good morning.  I have a short sale with a BB&T HELOC, and the borrower received a notice that BB&T had charged off the HELOC and that they will be pursuing collection of the remaining balance.  They have sent a lien release to the courthouse (although it is not recorded yet). We  had previously had short sale approval through November 24, 2015 where BB&T would accept $8500 - but the buyer walked from the contract after the home inspection.  According to the letter, they charged off the loan 11/23/15.  Any thoughts or guidance would be helpful, as the borrower does not have the funds to pay this back

Comment by Harriet Burkhart on May 28, 2014 at 6:52am

Does anyone have a supervisor name/number?  I submitted paperwork over a month ago and continue to call to check and they just confirm the receipt of the paperwork and will not advise who the assigned agent is.  Have also tried through customer service.  Any information would be appreciated!!  Thanks to all!

Comment by Mo Myers on October 22, 2013 at 9:58am

Thanks Chad, I was hoping to at least get the BPO/Appraisal out of the way to get some guidance on what Freddie wants to net but I guess not.

Comment by Chad Gelsinger on October 15, 2013 at 10:49am

Mo, yes it is true. BB&T requires an offer because of Freddie Mac. Freddie will not allow a servicer to initiate without an offer. Usually BB&T will accept homeowner docs, but cannot proceed until an offer is made. Chad. 

Comment by Mo Myers on October 15, 2013 at 9:55am

BB&T is telling me that they can't initiate my short sale without an offer in place. Is this true? The loan is Freddie Mac not VA. Thanks for any help.

Comment by Vikki Lucas on July 15, 2013 at 2:58am

Does anyone have any escalation information for a BB&T HELOC? I have been told that my only contact there can be the negotiator. I have tried unsuccessfully to reach her after 4 attempts, each phone contact followed up by an email.

Comment by Wendy Rulnick on January 24, 2013 at 3:40am

Starting a BB&T VA Compromise Sale today for a Crestview Florida home. One of my favorite lenders to work with.

Comment by Wendy Rulnick on July 27, 2012 at 3:18am

A first - I've been asked for one YEAR bank statements on a BB&T short sale valued at around $25,000...

Comment by Wendy Rulnick on July 23, 2012 at 8:28am

Just got my BB&T VA Compromise Sale approved in 40 days in Crestview Florida!  They are paying the VA seller relocation incentive, too.

Comment by Wendy Rulnick on June 26, 2012 at 6:22am

BB&T is assigning VA Compromise files about 2 months after receipt of documents, per my conversation with them today.


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