M&T Bank Short Sale Home Assistance dept
seller must call 800-724-1633 for financial interview for House hold income and expenses
Fax third party authorization first to 716-848-3748
Website: https://www.mtb.com/customerservice/Pages/AlternativeMortgageandHomeEquityRepaymentSolutions.aspx
Location: 8180 GREENSBORO DRIVE STE 500 MCLEAN , VA 22102 .
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Latest Activity: Nov 20, 2018
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Started by Paula Bachman Mar 23, 2018. 0 Replies 0 Likes
Has anyone been successful in getting a principal balance reduction with M&T Bank? Continue
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Does anyone have an M&T Escalation name/email/Phone number? All we can get is the negotiator's email address but she won't respond for a week now...
Don't know if this helps, but it is the only deed reference in the approval letter we received on the $66,000 FHA M&T short sale of a condo in Baltimore County, MD.
5. The deed conveying the property to the purchaser must be amended in compliance with applicable state law, to include the following provision:
Version 11/2014
• Grantee herein is prohibited from conveying captioned property for any sales for a period of thirty (30) days from the date of this deed. After this thirty (30) day period, Grantee is further prohibited from conveying the property for a sales price greater than $82,500.00 until ninety (90) days from the date of this deed. These restrictions shall run with the land are not personal to the Grantee.
Neil, FHA does not require any deed restrictions at settlement. We have not had any M&T FHA files include a deed restriction. Chad.
Does anyone have an FHA M&T short sale approval letter they can share with me? I need to know what deed restrictions will be...
Items needed for M&T short sale:
A proprietary M&T Short Sale Package can be found here: https://www.mtb.com/customerservice/Documents/Foreclosure-Preventio... (if link doesn't work it's on this page)
The following documents are required for the short sale:
NOTE: Tax returns are NOT required. the 4506t is sufficient
If the loan is owned by FannieMae or FreddieMac, the Uniform Borrowers Assistance Form is required as well.
I called M&T, here is some update information for the summary above:
Authorizations Only Fax Number: 866-409-4642 (48 hrs)
Short Sale Package Fax Number: 855-678-0866 (72 hrs to receive and review)
Calling 800-724-1633 for financial interview is NOT required to do a short sale, it does prescreen them and tell them if they should apply or not based on criteria, but if you know they will qualify already, they don't need to call. Also, the online form is the same as calling in. Online Financial Review: https://services.mtb.com/repay_assist/alt_mortgage_home_equity_welc...
Lastly, negotiators are assigned to specific files and will correspond via email. No equator or online tracking system.
I've got a couple of short sales with them right now. I typically just email them over our company's package as they accept generic packages. See thread and someone attached a package that may suffice.
310-564-6389
This is a very rarely updated group. Has anyone done a short sale with them lately? Do you know what paperwork they require for a short sale, or have a copy of a package they can email me? nleavitt -At- kentucky solutions dot com
I was wondering if anyone has an M & T Shortsale package that they can email to [email protected]? I would greatly appreciate it. Thank you,
New Short Sale, along with discharged BK, M&T reached out to my sellers and asked if they wanted a loan mod(dude, REALLY?)...anyhoo-IN NEED OF THE SHORT SALE DOCS, or are we using the same ones as the attached one on their site for loan mod? Thanks!!
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