Chase Short Sale Packet Form – Fill Out and Use This PDF

If you are a Wage Earner (you receive a W-2 from your employer) please provide: Two (2) most recent Pay Stubs (two for each borrower); Length of service with Current Employer: Borrower Year(s), Month(s), Co-borrower Year(s), Month(s); Most recent one (1) month's complete Bank Statement.

If you are Self Employed, please provide: P & L Statement / Audited or reviewed YTD Income Statement (must provide); Most recent two (2) years' Tax Returns Completed (personal and business, signed with all pages) or 1099s or most recent two (2) years filed and proof of extension; Last four (4) months complete Business and Personal Bank Statements (must provide all pages. If a business account is not used, provide a written statement stating a business account is not used).

Everyone must provide the following: Most recent statement(s) supporting assets listed on page 2 of the Request for Consideration of Short Sale Form (must provide all pages of statements); Most recent completed Tax Return (signed with all pages) or most recent filed and proof of extension (signed with all pages); Proof of occupancy (if owner occupied) - a recent utility bill in your name at property address.

If loan is Non-Escrowed: A) Copy of the most recent property tax bill(s) with a copy of the cancelled check for all applicable taxes (County, City, School, etc.); B) Copy of the current insurance declaration page for all applicable coverage types (must show premium amount for homeowner's, flood, and wind); C) Proof of payment of Homeowner's Association Fees (if applicable).

If Non-Owner Occupied: A) Rental Income with copies of Rental Agreement if a tenant resides in the property; B) Amount of Principal, Interest, Taxes, Insurance, and Home Owner Dues for Primary Residence; C) Primary Residence Address.

1B. From Your Real Estate Agent: Listing Agreement; Detailed Listing History (MLS Printout); Sales / Purchase Contract (Signed Offer); 3 Comparable Active Listings/3 Comparable Sales/Pictures of the Property & Neighborhood; HUD (Estimated Closing Statement).

Authorization to Provide and Release Information: Allows Realtor or designee to discuss the account with Chase, if desired. Be sure to sign this form.

The borrower(s) name(s), currently residing at in the County of, State of, hereby authorize Chase Home Finance LLP/JPMorgan Chase Bank, N.A (collectively “Chase”) to release, furnish, and provide any information related to the mortgage under the loan number to the name of third party.

This authorization is valid until such time that Chase confirms it has received written notice revoking this prior agreement.

Individuals can use Form 4506T-EZ to request a tax return transcript that includes most lines of the original tax return.

Completed 4506T-EZ - Request for Transcript of Tax Return (enclosed.) Be sure to sign and date this form.

Form 4506T-EZ: Use Form 4506T-EZ to order a 1040 series tax return transcript free of charge.

5 If the transcript is to be mailed to a third party (such as a mortgage company), enter the third party's name, address, and telephone number. The IRS has no control over what the third party does with the tax information.

6 Year(s) requested. Enter the year(s) of the return transcript you are requesting (for example, “2008”). Most requests will be processed within 10 business days.

If the transcript is being mailed to a third party, ensure that you have filled in line 6 before signing. Sign and date the form once you have filled in line 6.

“I declare that I am the taxpayer whose name is shown on either line 1a or 2a.” If the request applies to a joint return, either husband or wife must sign.

Only one signature is required. Sign Form 4506T-EZ exactly as your name appeared on the original return. If you changed your name, also sign your current name.

If you completed line 5 requesting the information be sent to a third party, the IRS must receive Form 4506T-EZ within 120 days of the date signed by the taxpayer or it will be rejected.

Form 4506T-EZ cannot be used by taxpayers who file Form 1040 based on a fiscal tax year (that is, a tax year beginning in one calendar year and ending in the following year). Taxpayers using a fiscal tax year must file Form 4506-T, Request for Transcript of Tax Return, to request a return transcript.

Use Form 4506-T to request the following: a transcript of a business return (including estate and trust returns); a verification of nonfiling, which is proof from the IRS that you did not file a return for the year.

Providing false or fraudulent information may subject you to penalties.

Send the completed packet as well as all required documentation to Chase by regular mail: Chase Fulfillment Center P.O. Box 469030 Glendale, CO 80246.

Send the completed packet as well as all required documentation to Chase by overnight mail: Chase Fulfillment Center 4500 Cherry Creek Drive South Suite #100 Glendale, CO 80246.

Send the completed packet as well as all required documentation to Chase by fax: 866-220-4130.

Complete all four pages of this form.

I want to: Keep the Property or Sell the Property. The property is my: Primary Residence, Second Home or Investment. The property is: Owner Occupied, Renter Occupied or Vacant.

Property address (if same as mailing address, just write same).

Is the property listed for sale? Yes or No. If yes, Agent's Name, Agent's Phone Number and For Sale by Owner? Yes or No.

Have you contacted a credit-counseling agency for help Yes or No. If yes, please complete the following: Counselor's Name, Agency Name, Counselor's Phone Number, Counselor's E-mail.

Bankruptcy: Chapter 7 or Chapter 13, Filing Date. Has your bankruptcy been discharged? Yes or No. Bankruptcy case number.

Completed Request for Consideration of Short Sale Form (enclosed). Be sure to sign and date this form.

Hardship Affidavit: My household income has been reduced. For example: unemployment, underemployment, reduced pay or hours, decline in business earnings, death, disability or divorce of a borrower or co-borrower.

My monthly debt payments are excessive and I am overextended with my creditors. Debt includes credit cards, home equity or other debt.

My expenses have increased. For example: monthly mortgage payment reset, high medical or health care costs, uninsured losses, increased utilities or property taxes.

My cash reserves, including all liquid assets, are insufficient to maintain my current mortgage payment and cover basic living expenses at the same time.

Other: Explanation (continue on back of page 3 if necessary).

Do not include the value of life insurance or retirement plans when calculating assets (401k, pension funds, annuities, IRAs, Keogh plans, etc.).

INCOME MUST BE DOCUMENTED.

1 Include combined income and expenses from the borrower and co-borrower (if any). If you include income and expenses from a household member who is not a borrower, please specify using the back of this form if necessary.

2 You are not required to disclose Child Support, Alimony or Separation Maintenance income, unless you choose to have it considered by your servicer.