Many Mortgage Companies and Servicing Institutions have their own unique requirements when it comes to Short Sale requests from borrowers. Select from the list below to see the general requirements for this lender.
OPTION ONE MORTGAGE CORP.
Loan Servicing: 949-753-9100 / 800-648-9605
Customer Service: 888-275-2648 Option 1
Loss Mitigation: 888-275-2648
GENERAL REQUIREMENTS FOR A SHORT SALE PACKAGE
- Two (2) Years Tax Returns*
(include all schedules & all pages - Federal Return only)
- Two (2) Months Bank Statements*
(include all pages)
- Two (2) Months Pay Stubs*
- Hardship Letter
- Personal/Household Financial Statement
(FreddieMac Form unless otherwise indicated)
- Letter of Authorization
- Purchase Contract
(Include all Counters and/or Addendums)
- Listing Agreement
- Estimated HUD Statement
*Most Recent, Consecutive
OPTION ONE MORTGAGE CORP - SPECIFIC DOCUMENTS REQUIRED
- No extra documents required at this time