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Collections: 800-327-9900
Loss Mitigation: 800-650-7162

GENERAL REQUIREMENTS FOR A SHORT SALE PACKAGE

• Letter of Authorization
• Estimated HUD Statement
• Purchase Contract (Include all Counters and/or Addendums)
• Buyer Pre-Approval Letter and/or Proof of Funds
• Listing Agreement
• Hardship Letter
• Personal/Household Financial Statement (FreddieMac Form unless otherwise indicated)
• Two (2) Months Bank Statements*
  (include all pages)
• Two (2) Months Proof of Income (if Self-Employed, year to date Profit & Loss Statement)*
• Two (2) Years Tax Returns*
  (include all schedules & all pages - Federal Return only)

*Most Recent, Consecutive

Franklin Credit - SPECIFIC DOCUMENTS REQUIRED

• No extra documents required at this time

 

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