Please...can someone help me out there?  I submitted a complete ss packet to BOA in mid August.  I have called many, many times since then and spoken to numerous supervisors.  I was told September 17th (by a supervisor) that they needed updated bank statements and pay stubs and then they could initiate the ss.  I complied.  All last week was told that everything they needed was uploaded on September 27th but it would take 5-7 business days to initiate.  I call again this morning and am now…

Continue

Must a borrower apply for a loan mod on an FHA loan prior to being considered for a short sale?

Lender is Chase.  Loan is FHA.  Received offer that asks for a home warranty and 3% closing costs.  Do I need to counter these two issues with no home warranty and 1% closing costs?