Downey Savings
Loan Servicing: 800-824-6902
Collections: n/a
Loss Mitigation: 800-824-6903 ext 4732
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
- $300 upfront fee required.
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