Specialized Loan Servicing Loan Modification Application Details

Does your organization need a new way to collect and manage customer data? If so, you may want to consider Form SLS. Form SLS is a secure online form builder that allows you to create and manage forms quickly and easily. With Form SLS, you can collect information from customers online and store it in a secure database. This can help you improve customer service and marketing efforts. Plus,Form SLS is easy to use, so you can get started right away.

You can find additional information relating to the form sls by looking through the table our team prepared for you.

QuestionAnswer
Form NameForm Sls
Form Length26 pages
Fillable?No
Fillable fields0
Avg. time to fill out6 min 30 sec
Other namesmortgage form sls, sls net forms, request mortgage sls, request sls 306 fillable

Form Preview Example

THIS COMMUNICATION IS FROM A DEBT COLLECTOR. THIS IS AN ATTEMPT TO COLLECT A DEBT AND

ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.

In order to review your loan for one of our loss mitigation programs, the enclosed Request for Mortgage Assistance (RMA) form must be completed, signed and returned to SLS with the required supporting documentation.

If you prefer that we work with a person that is not on the loan, provide the person or company name and your written and signed authorization for us to discuss your account and all necessary information with them.

To See If You Qualify For One of Our Loss Mitigation Programs:

Using one of the methods referenced below, send the items listed in the included checklist and Request for Mortgage Assistance Form (RMA), as they pertain to your specific situation. If there are less than 7 business days prior to a scheduled foreclosure sale, please contact us immediately to discuss your options.

Mail

Secure Fax

Secure Email

Secure Web

 

 

 

 

8742 Lucent Blvd,

1-720-241-7526

 

 

Suite 300,

(Page limit per

crdocs@sls.net

www.sls.net

Highlands Ranch, CO 80129

transmission is 25 pages)

 

 

In order to process your application for a home mortgage loan modification, a current home value must be obtained. The charge for this order will be assessed to your loan account.

If you have questions concerning this letter or need further assistance, you may contact our Customer Resolution Department at 1-800-306-6059 Monday through Friday, 6:00 a.m. until 9:00 p.m. MT. Saturday 6:00 a.m. until 12:00 p.m. MT or TDD 1-800-268-9419, Monday through Friday, 8:00 a.m. until 5:00 p.m. MT.

If you have other questions about alternatives to foreclosure that cannot be answered by SLS, you may contact HUD at 1-800-569-4287 or contact a HUD approved counselor at http://www.hud.gov/offices/hsg/sfh/hcc/fc/ . HUD sponsors housing counseling agencies throughout the country to provide free or low cost advice. For additional contact information for housing counselors you may also contact the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/mortgagehelp .

Sincerely,

Customer Resolution Department

Specialized Loan Servicing LLC

Enclosures:

Mortgage Assistance Application Checklist

Information on Avoiding Foreclosure

Frequently Asked Questions (FAQ)

Request for Mortgage Assistance Form (RMA)

IRS Form 4506T and IRS Form 4506T-EZ with instructions on completing

Index of Document Descriptions

SPECIALIZED LOAN SERVICING LLC IS REQUIRED BY LAW TO INFORM YOU THAT THIS COMMUNICATION IS FROM A DEBT COLLECTOR. HOWEVER, THE PURPOSE OF THIS COMMUNICATION IS TO OFFER YOU LOSS MITIGATION ASSISTANCE THAT MAY HELP YOU BRING OR KEEP YOUR LOAN CURRENT THROUGH AFFORDABLE PAYMENTS. IF YOU ARE CURRENTLY IN A BANKRUPTCY PROCEEDING, OR HAVE PREVIOUSLY OBTAINED A DISCHARGE OF THIS DEBT UNDER APPLICABLE BANKRUPTCY LAW, THIS NOTICE IS FOR INFORMATION ONLY AND IS NOT AN ATTEMPT TO COLLECT THE DEBT, A DEMAND FOR PAYMENT, OR AN ATTEMPT TO IMPOSE PERSONAL LIABILITY FOR THAT DEBT. YOU ARE NOT OBLIGATED TO DISCUSS YOUR HOME LOAN WITH US OR ENTER INTO A LOAN MODIFICATION OR OTHER LOAN-ASSISTANCE PROGRAM. YOU SHOULD CONSULT WITH YOUR BANKRUPTCY ATTORNEY OR OTHER ADVISOR ABOUT YOUR LEGAL RIGHTS AND OPTIONS. IF YOU HAVE QUESTIONS, PLEASE CONTACT US AT 1-800-306-6057.

Mortgage Assistance Application Checklist

Get Started – Use this checklist to ensure you have completed all required forms and have the right information.

1Review the information provided to help you understand your options, responsibilities, and next steps:

Avoiding Foreclosure

Frequently Asked

Beware of Foreclosure

 

Questions

Rescue Scams (RMA)

2Complete and sign the enclosed Request for Mortgage Assistance Form (RMA). Must be signed by all borrowers on the mortgage (notarization is not required) and must include:

An explanation of financial hardship that makes it difficult to pay the mortgage

Your preferred intent with the property (i.e. Retain the property, Sell the property or Deed the property back)

All income, expenses, and assets for each contributing borrower and non-borrower contributors

Your acknowledgment and agreement that all information that you provide is true and accurate

3Provide required Hardship Documentation. This documentation will be used to verify your hardship.

Write your loan number on all pages if it’s not already listed to aid in identifying your documents

Follow the instructions set forth on the RMA attached

4Provide required Income Documentation. This documentation will be used to verify your hardship and all of your income.

Write your loan number on all pages if it’s not already listed to aid in identifying your documents

Follow the instructions set forth on the RMA attached

Disclose any income from a household member who is not on the promissory note (non-borrower contributor), such as a relative, spouse, domestic partner, or fiancé who occupies the property as a primary residence

If you elect to disclose and rely upon this income to qualify, the required income documentation is the same as the income documentation required for a borrower in addition to the credit authorization form

See the RMA for specific details on income documentation.

Proof of Income must be provided for all borrowers and non-borrower contributors

If noted as required for your income type, complete and sign a dated copy of the enclosed IRS Form 4506T-EZ or 4506T (self-employed)

5Send your completed application package. Send in all required documentation listed in steps 2-4 above, and summarized below:

Complete and Executed Request for Mortgage Assistance Form (RMA)

Hardship Documentation as outlined in the RMA

Income Documentation for each borrower and non-borrower contributor as outlined in the RMA

 

Mail

 

Fax

 

Email

 

Web

 

8742 Lucent Blvd,

1-720-241-7526

 

 

 

 

 

 

(Page limit per transmission

 

 

 

 

 

Suite 300,

 

 

crdocs@sls.net

 

www.sls.net

 

 

is 25 pages)

 

 

 

Highlands Ranch, CO 80129

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

IMPORTANT INFORMATION:

If you cannot provide the documentation within the time frame provided, have other types of income not specified on the RMA, cannot locate some or all of the required documents, or If you have any questions regarding this information, please contact our Customer Resolution Department toll free at 1-800-306-6059, Monday through Friday, 6:00 a.m. until 9:00 p.m. MT. Saturday 6:00 a.m. until 12:00 p.m. MT or TDD 1-800-268-9419, Monday through Friday, 8:00 a.m. until 5:00 p.m. MT

Don’t send original income or hardship documents. Copies are acceptable.

Upon receipt of your complete application, SLS will utilize the intent you’ve noted in your RMA to determine which program we will evaluate you for first. However, SLS will perform an evaluation to determine your eligibility of all available programs offered by your investor. The results of our evaluation will be communicated to you in a decision letter.

SLS encourages you to consider contacting other servicers of loans secured by the same property to discuss loss mitigation options.

This Document is for your reference only. Do not return with your application package.

Information on Avoiding Foreclosure

Mortgage Programs Are Available to Help

There are a variety of programs available to help you resolve your delinquency and keep your home. You may be eligible to refinance or modify your mortgage to make your payments and terms more manageable, for instance, lowering your monthly payment to make it more affordable. Or, if you have missed a few payments, you may qualify for a temporary (or permanent) solution to help you get your finances back on track. Depending on your circumstances, staying in your home may not be possible. However, a short sale or deed-in-lieu of foreclosure may be a better choice than foreclosure – see the table below for more information:

 

 

OPTION

 

 

OVERVIEW

 

 

BENEFIT

 

 

 

 

 

 

 

 

 

 

 

 

Reinstatement

 

Pay the total amount you owe, in a lump sum

 

Allows you to avoid foreclosure by bringing your

 

 

 

 

 

payment and by a specific date. This may follow a

 

mortgage current if you can show you have funds

 

 

 

 

 

forbearance plan as described below.

 

that will become available at a specific date in the

 

 

 

 

 

 

 

 

future.

 

 

 

 

 

 

 

Repayment Plan

 

Pay back your past-due payments together with

 

Allows you time to catch up on late payments without

 

 

 

 

 

your regular payments over an extended period of

 

having to come up with a lump sum.

 

 

 

 

 

time.

 

 

 

 

 

 

 

 

 

 

Forbearance Plan

 

Make reduced mortgage payments or no mortgage

 

Have time to improve your financial situation and get

 

 

 

 

 

payments for a specific period of time.

 

back on your feet.

 

 

 

 

 

 

 

Modification

 

Receive modified terms of your mortgage to make

 

Permanently modifies your mortgage so that your

 

 

 

 

 

it more affordable or manageable after successfully

 

payments or terms are more manageable as a

 

 

 

 

 

making the reduced payment during a “trial period”

 

permanent solution to a long-term or permanent

 

 

 

 

 

(i.e., completing a three month trial period plan).

 

hardship.

 

 

 

 

 

 

 

Short Sale

 

Sell your home and pay off a portion of your

 

Allows you to transition out of your home without

 

 

 

 

 

mortgage balance when you owe more on the

 

going through foreclosure. In some cases, relocation

 

 

 

 

 

home than it is worth.

 

assistance may be available.

 

 

 

 

 

 

 

Deed-in-Lieu of

 

Transfer the ownership of your property to us.

 

Allows you to transition out of your home without

 

Foreclosure

 

 

 

 

going through foreclosure. In some cases, relocation

 

 

 

 

 

 

 

 

assistance may be available. This is useful when

 

 

 

 

 

 

 

 

there are no other liens on your property.

 

 

 

 

 

 

 

 

 

 

This Document is for your reference only. Do not return with your application package.

Frequently Asked Questions

Q. Why Did I Receive This Package?

A. You received this package because we have not received one or more of your monthly mortgage payments and want to help find a foreclosure prevention option or you have requested information on obtaining assistance. We are sending this information to you now so that we can work with you to quickly resolve any temporary or long-term financial challenge you face to making all of your late mortgage payments.

Q. Where Can I Find More Information on Foreclosure Prevention?

A. Please see the Avoiding Foreclosure attachment in this package for more information. If you have any questions regarding this information, please contact Customer Resolution toll free at 1-800-306-6059, Monday through Friday, 6:00 a.m. until 9:00 p.m. MT. Saturday 6:00 a.m. until 12:00 p.m. MT or TDD 1-800-268-9419, Monday through Friday, 8:00 a.m. until 5:00 p.m. MT.

Q. Will It Cost Money to Get Help?

A. There should never be a fee from your servicer or qualified counselor to obtain assistance or information about foreclosure prevention options. However, foreclosure prevention has become a target for scam artists. Be wary of companies or individuals offering to help you for a fee, and never send a mortgage payment to any company other than the one listed on your monthly mortgage statement or one designated to receive your payments under a state assistance program.

Q. What Happens Once I Have Sent the Application Package to You?

A. We will contact you upon receipt of your Borrower Response Package to confirm that we have received your package and will review it to determine whether it is complete. Within five business days of receipt of your application documents, we will send you an acknowledgement letter outlining which documents are still need to complete or application or if we believe to have received a complete application and proceeding with the evaluation. We cannot guarantee that you will receive any (or a particular type of) assistance. We will let you know which foreclosure alternatives, if any, are available to you and will inform you of your next steps to accept our offer. Please submit your Application Package as soon as possible.

Q. What Happens to My Mortgage While You Are Evaluating My Application Package?

A. You remain obligated to make all mortgage payments as they come due, even while we are evaluating the types of assistance that may be available.

Q. Will the Foreclosure Process Begin If I Do Not Respond to this Letter?

A. If we do not receive an application within the timeline disclosed and you have missed four monthly payments or there is reason to believe the property is vacant or abandoned, we may refer your mortgage to foreclosure.

Q. What if My Property is scheduled for a Foreclosure Sale in the Future?

A.

oIf this is your first review or if you have had a qualifying change in circumstance and you submit a complete loss mitigation application and SLS has not made the first notice or filing required by applicable law for any judicial or

non-judicial foreclosure process SLS will not initiate foreclosure proceedings

oIf this is your first review or if you have had a qualifying change in circumstance and you submit a complete loss mitigation application after a SLS has made the first notice or filing required by applicable law for any judicial or non-judicial foreclosure process but more than 37 days before a foreclosure sale, SLS will not move for foreclosure judgment or order of sale, or conduct a foreclosure sale

oIf SLS has already moved for a foreclosure judgment or order of sale prior to receiving a completed application but more than 37 days before a foreclosure sale, SLS will take reasonable steps, such as requesting the court delay the consideration of the motion, to avoid a ruling on such a motion until SLS has completed the loss mitigation evaluation, however, there is no guarantee that we will be able to postpone a scheduled sale, because a court with jurisdiction over the foreclosure proceeding (if any) or public official charged with carrying out the sale may not agree to halt the scheduled sale

Q.Will My Property be Sold at a Foreclosure Sale If I Accept a Foreclosure Alternative?

A. No. If you are approved for a foreclosure prevention option and accept, any foreclosure sale will not occur if you continue

to honor the terms of the Agreement. However, if you fail to comply with the terms of the Agreement and do not make other arrangements with us, your loan will be enforced according to its original terms. This could include foreclosure. In addition, if you are currently in a bankruptcy proceeding, approval of any foreclosure prevention alternative for which you may be eligible is contingent on approval of the bankruptcy court in your bankruptcy case.

This Document is for your reference only. Do not return with your application package.

Frequently Asked Questions (Continued)

Q. Will My Credit Score Be Affected by My Late Payments or Being in Default?

A. The delinquency status of your loan will be reported to credit reporting agencies as well as your entry into a Repayment Plan, Forbearance Plan, or Trial Period Plan in accordance with the requirements of the Fair Credit Reporting Act and the Consumer Data Industry Association requirements.

Q. Will My Credit Score Be Affected if I Accept a Foreclosure Prevention Option?

A. While the impact on your credit will depend on your individual credit history, credit scoring companies generally would consider entering into a plan with reduced payments as increasing your credit risk. As a result, entering into a plan with reduced payments may adversely affect your credit score, particularly if you are current on your mortgage or otherwise have a good credit score.

Q. Is Foreclosure Prevention Counseling Available?

A. Yes, HUD-approved counselors are available to provide you with the information and assistance you may need to avoid foreclosure. You can use the search tool at http://www.hud.gov/offices/hsg/sfh/hcc/fc/ to find a counselor near you.

Q. I Have Seen Ads and Flyers From Companies Offering to Help Me Avoid Foreclosure for a Fee. Are These Companies on the Level?

A. Foreclosure prevention has become a target for scam artists. We suggest using the HUD Web site referenced in question 12 to locate a counselor near you. Also, please refer to the attached “Beware of Foreclosure Rescue Scams” disclosure in your Request for Mortgage Assistance form (RMA) for more information.

This Document is for your reference only. Do not return with your application package.

Government Assistance May Be Available!

As part of the newly established Hardest Hit Fund SM, the U.S. Treasury Department has implemented programs which may help preserve homeownership for some United States homeowners. If you live in one of the following states you may be eligible for assistance:

State

Agency Phone Number

Agency Website

Alabama

(877) 497.8182

www.hardesthitalabama.com

Arizona

(877) 448.1211

www.savemyhomeaz.gov

California

(888) 954.5337

www.keepyourhomecalifornia.org

District of Columbia

(202) 777.1690

www.homesaverdc.org

Florida

(877) 863.5244

www.flhardesthithelp.org

Georgia

(888) 946.6723

www.homesafegeorgia.com

Illinois

(855) 873.7405

www.illinoishardesthit.com

Indiana

(877) 498.4673

www.877gethope.org

Kentucky

(800) 633.8896

www.protectmykyhome.org

Michigan

(866) 946.7432

www.stepforwardmichigan.org

Mississippi

N/A (Visit Website)

www.mshomesaver.com

North Carolina

(888) 623.8631

www.ncforeclosureprevention.gov

New Jersey

N/A (Visit Website)

www.njhomekeeper.gov

Nevada

(855) 428.4997

www.nevadahardesthitfunds.org

Ohio

(888) 404.4674

www.savethedream.ohio.gov

Oregon

(503) 986.2025

www.oregonhomeownerhelp.org

Rhode Island

(401) 277.1500

www.hhfri.org

South Carolina

N/A (Visit Website)

www.scmortgagehelp.net

Tennessee

(855) 890.8073

www.keepmytnhome.org

 

 

 

What Should You Do Now?

Find out if you qualify for one of these programs by contacting your local Hardest Hit Fund Housing Agency

Once you have established an action plan with a Hardest Hit Fund representative you should contact Specialized Loan Servicing LLC to reach a joint resolution.

Please be advised that all HHF contact information has been obtained directly from the HHF housing authority and may be subject to change based on state program updates

This is not an offer to extend credit. Program subject to conditions and eligibility requirements. Offer invalid if your loan is sold prior to satisfaction of the debt. Calls will be monitored and recorded for quality assurance purposes. If you do not wish for your call to be recorded, please notify the Customer Assistance Associate when calling.

If you have other questions about HAMP that cannot be answered by us, please call the Homeowner’s HOPE™ Hotline at 1- 888-995-HOPE (4673). This Hotline can help with questions about the program and offers access to free HUD-certified counseling services in English and Spanish.

You may have received documents from SLS concerning a home mortgage loan modification. The purpose of this solicitation is to offer you another option with respect to your loan, if you qualify; however it is not meant to take the place of the HAMP option, if applicable.

If you are experiencing a financial hardship and need help, you must complete and submit this form along with other required documentation to be considered

for foreclosure prevention options under the Making Home Affordable (MHA) Program. You must provide information about yourself and your intentions to either

keep or transition out of your property; a description of the hardship that prevents you from paying your mortgage(s); information about all of your income, expenses

and financial

assets; whether you have declared bankruptcy; and information about the mortgage(s) on your principal residence and other single family real estate that

you own. When you sign and date this form, you will make important certifications, representations and agreements, including certifying that all of the information in

this RMA is

accurate and truthful.

SLS Loan Number:

 

 

 

 

 

 

SECTION 1: BORROWER INFORMATION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PRIMARY BORROWER

 

 

 

 

 

 

CO-BORROWER 1

 

 

 

 

BORROWER’S NAME

 

 

 

 

 

 

 

 

CO-BORROWER’S NAME

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SOCIAL SECURITY NUMBER

 

 

 

DATE OF BIRTH (MM/DD/YY)

 

 

SOCIAL SECURITY NUMBER

 

 

 

DATE OF BIRTH (MM/DD/YY)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

HOME PHONE NUMBER WITH AREA CODE

 

 

 

 

HOME PHONE NUMBER WITH AREA CODE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CELL OR WORK NUMBER WITH AREA CODE

 

 

 

 

CELL OR WORK NUMBER WITH AREA CODE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MAILING ADDRESS

 

 

 

 

 

 

 

 

MAILING ADDRESS (IF SAME AS BORROWER, WRITE “SAME”)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EMAIL ADDRESS

 

 

 

 

 

 

 

 

EMAIL ADDRESS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CO-BORROWER 2

 

 

 

 

 

 

CO-BORROWER 3

 

 

 

 

BORROWER’S NAME

 

 

 

 

 

 

 

 

CO-BORROWER’S NAME

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SOCIAL SECURITY NUMBER

 

 

 

DATE OF BIRTH (MM/DD/YY)

 

 

SOCIAL SECURITY NUMBER

 

 

 

DATE OF BIRTH (MM/DD/YY)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

HOME PHONE NUMBER WITH AREA CODE

 

 

 

 

HOME PHONE NUMBER WITH AREA CODE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CELL OR WORK NUMBER WITH AREA CODE

 

 

 

 

CELL OR WORK NUMBER WITH AREA CODE

 

 

 

 

 

 

 

 

 

 

 

 

MAILING ADDRESS (IF SAME AS BORROWER, WRITE “SAME”)

 

 

MAILING ADDRESS (IF SAME AS BORROWER, WRITE “SAME”)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EMAIL ADDRESS

 

 

 

 

 

 

 

 

EMAIL ADDRESS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

My intent with the property is:

 

Keep the Property

Sell the Property

 

Deed the Property back

I’m Unsure

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NOTE: SLS will perform an evaluation to determine your eligibility for all available programs offered by your investor.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The property is currently:

 

 

My Primary Residence

 

 

A Second Home

 

 

An Investment Property

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The property is currently:

 

 

Owner Occupied

 

 

 

Renter Occupied

 

 

Vacant

 

 

 

 

 

Has any borrower filed for bankruptcy?

 

Chapter 7

Chapter 13

 

Is any borrower a Service member?

 

Yes

No

 

 

 

 

Filing date: ___ /___ /___

Case Number: _______________

 

Have you recently been deployed away from your principal residence or

 

 

recently received a permanent change of station order?

Yes

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Is any borrower the surviving spouse of a deceased service member who was on

 

Has your bankruptcy been discharged?

 

Yes

No

 

 

active duty at the time of death?

Yes

 

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Have you contacted a credit counseling agency for help?

Yes

No

 

 

 

 

 

 

 

 

 

 

Counselors Name:______________________________

Counselors Phone Number:___________/____________/_________________

 

 

 

Agency’s Name:________________________________

Counselors Email Address:___________________________________________

 

 

 

 

 

 

 

Has the mortgage on your principal residence ever had a Home Affordable Modification Program (HAMP) trial period plan or other permanent

 

 

 

modification?

Yes

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Has any property that you or any co-borrower own had a permanent HAMP modification?

Yes

No If “Yes”, how many? __________

 

 

 

 

 

 

 

Are you or any co-borrower currently in or being considered for a HAMP trial period plan on a property other than your principal residence?

 

 

Yes

No

SECTION 2: HARDSHIP AFFIDAVIT

I am requesting review of my current financial situation to determine whether I qualify for temporary or permanent mortgage relief options.

Date Hardship Began is:_______________

I Believe my situation is:

___ Short Term (under 6 months)

___ Medium term (6-12 months)

___Long Term/Permanent (Greater than 12 months)

I (We) am/are requesting review under the Specialized Loan Servicing Loan Modification Program.

I am having difficulty making my monthly payment because of reason set forth below:

(Please check the primary reason and submit required documentation demonstrating your primary hardship)

 

If your hardship is:

Then the required hardship documentation is:

 

I am unemployed and (a) I am receiving/will receive unemployment

No Hardship Documentation Required.

 

benefits or (b) my unemployment benefits ended less than 6 months

 

 

ago.

 

 

Reduction in Income: a hardship that has caused a decrease in your

No Hardship Documentation Required.

 

income due to circumstances outside of your control (e.g.,

 

 

elimination of overtime, reduction in regular working hours, a

 

 

reduction in base pay)

 

 

Increase in Housing Expenses: a hardship that has caused an

No Hardship Documentation Required.

 

increase in your housing expenses due to circumstances outside of

 

 

your control.

 

 

Divorce or legal separation; Separation of Borrowers unrelated by

Divorce Decree filed by the court; OR

 

marriage, civil union or similar domestic partnership under

Separation agreement filed by the court; OR

 

applicable law.

Current Credit Report evidencing divorce, separation, or non-occupying

 

 

borrower has a different address; OR

 

 

Recorded quitclaim deed evidencing that the non-occupying Borrower or

 

 

Co-Borrower has relinquished all rights to property

 

Death of a borrower or death of either the primary or secondary

Death certificate; OR

 

wage earner in the household

Obituary or newspaper article reporting the death

Long-Term or permanent disability; serious illness of a borrower/co- Proof of monthly insurance benefits or government assistance (if app); OR

borrower or dependent family member

Written statement or other documentation verifying disability or illness;

 

OR

 

Doctor’s certificate of illness or disability; OR

 

Medical bills

 

*None of the above shall require providing detailed medical information

Disaster (natural or man-made) adversely impacting the property or

Insurance claim; OR

Borrower’s place of employment

Federal Emergency Management Agency grant or Small Business

 

Administration loan; OR

 

Borrower or Employer Property located in a federally declared disaster

 

area

Distant employment transfer/relocation

For active duty service members:

 

Notice of permanent change of station (PCS) or actual PCS orders.

 

For employment transfers/new employment:

 

Copy of signed offer letter or notice from employer showing transfer of

 

new employment location; OR

 

Pay stub from new employer; OR

 

If none of these apply, provide written explanation

 

In addition to the above, documentation that reflects the amount of any

 

relocation assistance provided, if applicable (not required for those with PCS

 

orders)

Business Failure

Tax return from the previous year (including all schedules) AND

 

Proof of business failure supported by one of the following:

 

Bankruptcy Filing for business; OR

 

Two months of recent bank statements for the business account

 

evidencing cessation of business activity; OR

 

Most recent signed and dated quarterly or year-to-date profit and loss

 

statement

Other: a hardship not covered above

Written explanation describing the details of the hardship and relevant

 

documentation (below)

Additional Explanation (continue on a separate sheet of paper if necessary):

 

SECTION 3: COMBINED INCOME AND EXPENSES FOR BORROWER AND CO-BORROWER(S)

*Details regarding the required supporting documentation can be found in Section 5

Only include income information for household contributing BORROWERS

If you include income from a contributor who is NOT a Borrower, specify their income in Section 4

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

Include mortgage payments on all properties you own EXCEPT your principal residence and the property you are seeking assistance in Section 7.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Borrower Name: ________________________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Child

 

 

Other (investment

 

 

 

 

 

 

Monthly Gross Wages

 

 

$

 

income, royalties,

$

 

 

 

 

 

$

 

Support/Alimony/Separation

 

 

 

 

 

 

 

 

 

 

dividends, etc.)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Overtime

$

 

Social Security/SSDI

$

 

Gross Rents Received

$

 

 

 

 

 

 

(Taxable)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tips, commissions,

$

 

Social Security/SSDI (Non-

$

 

Other:

$

 

 

 

 

 

bonus

 

Taxable)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self-Employment

$

 

Public Assistance

$

 

Other:

$

 

 

 

 

 

 

 

 

 

 

 

 

Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unemployment

 

 

Other monthly income:

 

 

 

 

 

 

 

 

 

$

 

pension, annuity, retirement,

$

 

Total (Gross Income)

$

 

 

 

 

 

Income

 

 

 

 

 

 

 

 

 

etc.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Co-Borrower Name: ________________________

 

 

 

 

 

 

Monthly Gross

$

 

Wages

 

 

 

 

 

 

Overtime

$

 

 

 

 

Tips, commissions,

$

 

 

bonus

 

 

 

Self-Employment

$

 

 

Income

 

 

 

Unemployment

$

 

 

Income

 

 

 

 

 

 

Child

$

Support/Alimony/Separation

 

Social Security/SSDI (Taxable)

$

Social Security/SSDI (Non-

$

Taxable)

 

Public Assistance

$

Other monthly income:

 

 

 

 

pension, annuity, retirement,

 

$

etc.

 

 

 

 

 

 

Other (investment

 

 

income, royalties,

$

 

dividends, etc.)

 

 

 

 

 

Gross Rents Received

$

 

 

 

 

Other:

$

 

 

 

 

Other:

$

 

 

 

 

 

 

 

Total (Gross Income)

$

 

 

 

Co-Borrower Name: ________________________

Monthly Gross

$

 

Wages

 

 

 

 

 

 

Overtime

$

 

 

 

 

 

Tips, commissions,

$

 

 

bonus

 

 

 

Self-Employment

$

 

 

Income

 

 

 

Unemployment

$

 

 

Income

 

 

 

 

 

 

Child

$

Support/Alimony/Separation

 

Social Security/SSDI (Taxable)

$

Social Security/SSDI (Non-

$

Taxable)

 

Public Assistance

$

Other monthly income:

 

 

 

 

pension, annuity, retirement,

 

$

etc.

 

 

 

 

 

 

Other (investment

 

 

income, royalties,

$

 

dividends, etc.)

 

 

 

 

 

Gross Rents Received

$

 

 

 

 

Other:

$

 

 

 

 

Other:

$

 

 

 

 

 

 

 

Total (Gross Income)

$

 

 

 

Co-Borrower Name: ________________________

Monthly Gross

$

 

Wages

 

 

 

 

 

 

Overtime

$

 

 

 

 

 

Tips, commissions,

$

 

 

bonus

 

 

 

Self-Employment

$

 

 

Income

 

 

 

Unemployment

$

 

 

Income

 

 

 

 

 

 

Child

$

Support/Alimony/Separation

 

Social Security/SSDI (Taxable)

$

Social Security/SSDI (Non-

$

Taxable)

 

Public Assistance

$

Other monthly income:

 

 

 

 

pension, annuity, retirement,

 

$

etc.

 

 

 

 

 

 

 

Other (investment

 

 

 

 

 

income, royalties,

$

 

 

 

dividends, etc.)

 

 

 

 

 

 

 

 

 

 

 

 

Gross Rents Received

$

 

 

 

 

 

 

 

 

 

 

Other:

$

 

 

 

 

 

 

 

 

 

 

Other:

$

 

 

 

 

 

 

 

 

 

 

Total (Gross Income)

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Monthly Household Expenses/Debt

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1st Mortgage

 

 

 

 

 

 

 

 

Mortgage Payments on

 

 

 

 

 

 

Principal & Interest

$

 

 

HOA/Condo Fees

$

 

 

 

$

 

 

 

 

 

 

 

other properties

 

 

 

 

Payment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2nd Mortgage

 

 

 

Credit Cards/Installment

 

 

 

Food/Groceries:

$

 

 

 

Principal & Interest

$

 

 

Loans(s) (total min. payment

$

 

 

How many people in

 

 

 

 

 

 

Payment

 

 

 

per month)

 

 

 

household?

 

 

 

 

 

 

Homeowners

$

 

 

Alimony, child support,

$

 

 

Other:

 

$

 

 

 

Insurance

 

 

payments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Taxes

$

 

 

Car Payments

$

 

 

Total Debt/Expenses

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Household Assets

 

 

 

 

 

 

 

 

 

 

 

Checking Account(s)

$

 

 

Stocks/Bonds

$

 

 

Other:

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Checking Account(s)

$

 

 

CDs

$

 

 

Other:

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Savings/Money

 

 

 

Value of all Real Estate

 

 

 

 

 

 

 

 

 

 

 

 

$

 

 

$

 

 

 

 

 

 

 

$

 

 

 

Market

 

 

except Principal Residence

 

 

Total Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Any other liens (mortgage liens, mechanics liens, tax liens, etc.)

 

 

 

 

 

 

Check this box if this section does not apply to you

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lien Holders Name

Balance and Interest Rate

 

Loan Number

 

 

 

Lien Holders Phone Number

 

 

 

 

$_______________

 

 

 

_________/__________/___________

 

 

 

Name:

 

________%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$_______________

 

 

 

_________/__________/___________

 

 

 

Name:

 

________%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$_______________

 

 

 

_________/__________/___________

 

 

 

Name:

 

________%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SECTION 4: NON-BORROWER CONTRIBUTOR INCOME & CREDIT AUTHORIZATION

NON-BORROWER/CONTRIBUTOR Income information (defined as a person who resides in the property and contributes to household income but is not listed as a borrower on the loan). All non-borrower contributors, whose income is to be considered in the review process, must provide proof of income. Child support, alimony, or separation maintenance need not be disclosed if you do not choose to disclose this information

Check this box if this section does not apply to you

 

 

 

Non-Borrower Household Contributor Name: _________________________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Child

 

 

 

Other (investment

 

 

 

 

 

Monthly Gross Wages

$

 

 

$

 

 

income, royalties,

$

 

 

 

 

 

Support/Alimony/Separation

 

 

 

 

 

 

 

 

 

 

 

 

dividends, etc.).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Overtime

$

 

 

Social Security/SSDI

$

 

 

Gross Rents Received

$

 

 

 

 

 

(Taxable)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tips, commissions,

$

 

 

Social Security/SSDI (Non-

$

 

 

Other:

$

 

 

 

bonus

 

 

Taxable)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self-Employment

$

 

 

Public Assistance

$

 

 

Other:

$

 

 

 

Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unemployment

$

 

 

Other monthly income:

 

 

 

Total (Gross Income)

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

pension, annuity, retirement

$

 

 

 

 

 

 

 

Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-Borrower Household Contributor Name: _________________________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Child

 

 

 

Other (investment

 

 

 

 

 

Monthly Gross Wages

$

 

 

$

 

 

income, royalties,

$

 

 

 

 

 

Support/Alimony/Separation

 

 

 

 

 

 

 

 

 

 

 

 

dividends, etc.).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Overtime

$

 

 

Social Security/SSDI

$

 

 

Gross Rents Received

$

 

 

 

 

 

(Taxable)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tips, commissions,

$

 

 

Social Security/SSDI (Non-

$

 

 

Other:

$

 

 

 

bonus

 

 

Taxable)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self-Employment

$

 

 

Public Assistance

$

 

 

Other:

$

 

 

 

Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unemployment

$

 

 

Other monthly income:

 

 

 

Total (Gross Income)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

pension, annuity, retirement

$

 

 

 

 

 

 

 

 

Income

 

 

 

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AUTHORIZATION TO OBTAIN CONSUMER CREDIT REPORT

NON-BORROWER CONTRIBUTOR(S)

All non-borrower contributors (defined as a person who resides in the property or contributes to household income but is not listed as a borrower on the loan), whose income is to be considered in the review process, must authorize a current consumer report by signing below in addition to filling out the requested information.

Check this box if this section does not apply to you

I authorize Specialized Loan Servicing LLC, here out referred to as SLS, to obtain a consumer credit report. SLS will use the consumer credit report to confirm my residency address and determine whether my income is eligible to support a loan modification. Upon request, SLS will provide me with the name and address of the Consumer Reporting Agency contacted to supply the report. I understand that credit inquiries have the potential to impact my credit score.

Non-Borrower Contributor 1

_________________________________________________

______________

Signature

Date

_________________________________________________

______________

Printed Name

DOB

_________________________________________________

______________________________________________

Social Security Number

Relationship to Borrower

Non-Borrower Contributor 2

_________________________________________________

________________

Signature

Date

_________________________________________________

________________

Printed Name

DOB

_________________________________________________

______________________________________________

Social Security Number

Relationship to Borrower

SECTION 5: REQUIRED INCOME DOCUMENTATION

You may be required to provide additional information to complete this evaluation

**All documentation submitted must be current within the last 90 days.**

ALL

 

 

 

 

 

 

Include a completed and signed IRS Form 4506T (self-employed) or 4506T-EZ. Borrowers who filed their tax returns

 

 

jointly may submit one IRS form 4506T signed and dated by both of the joint filers. (A copy of the Form 4506T and

 

 

4506T-EZ can be found at www.sls.net)

 

 

 

 

Two most recent bank statements evidencing proof of deposits for income specified in section 3 and 4.

Are you an hourly or salaried

 

 

 

 

employee?

 

For each Borrower, provide the most current pay stub(s) that reflect/s at least 30 days of year-to-date income.

 

 

Borrower Hire Date: ____/____/____

Co-Borrower Hire Date: ____/____/____

 

 

Co-Borrower Hire Date: ____/____/____

Co-Borrower Hire Date: ____/____/____

 

 

 

 

 

Do you receive tips,

 

 

 

 

commissions, bonuses, housing

 

Describe the type of income, how frequently you receive the income and third party documentation describing the

allowance, or overtime?

 

income (e.g., employment contracts or printouts documenting tip income).

 

 

 

 

 

 

 

Are you self-employed?

 

Most recent signed and dated quarterly or year-to-date profit and loss statement.

 

 

A signed copy of the two most recent year’s tax returns or a copy of electronically filed return with proof of filing; if

 

 

not available, proof of extension filed. All schedules must be included.

Do you receive social security,

 

Documentation showing the amount and frequency of the benefits, such as award letters, exhibits, disability policy

disability, death benefits,

 

or benefits statement from the provider and

 

 

pension, public assistance, or

 

Proof of receipt of payment (such as two most recent bank statements or deposit advices).

adoption assistance?

 

 

 

 

 

 

Notice: Public assistance must continue for at least nine months to be considered qualifying income under this

 

 

program. Social Security, disability/death benefits must continue for at least three years to be considered qualifying

 

 

income under this program.

 

 

Do you receive alimony, child

 

A copy of the divorce decree, separation agreement or other written legal agreement filed with the court that

support, or separation

 

states the amount of the payments and the period of time that you are entitled to receive them.

maintenance payments?

 

Proof of Receipt –such as copies of your two most recent bank statements or deposit advices showing you have

 

 

received payments.

 

 

 

 

Notice: Alimony, child support, or separation maintenance income need not be disclosed if you do not choose to

 

 

have it considered for repaying your mortgage debt.

 

 

Do you have income from rental

 

A signed copy of the two most recent year’s tax returns or a copy of electronically filed return with proof of filing; if

properties that are not your

 

not available, proof of extension filed. All schedules must be included.

principal residence?

 

If rental income is not reported on Schedule E, provide a copy of the current lease agreement with bank

 

 

statements showing deposits of rent checks.

 

 

 

 

Mortgage statements for all properties.

 

 

 

 

Lease agreement for all properties, if utilizing a property management company; include the contract signed by

 

 

you and the property management company.

 

 

Do you intend to sell the

 

A valid Listing Agreement

 

 

property?

 

In order for an offer to be considered, you will need to submit the Sales Contract with Short Sale Addendum, a

 

 

preliminary HUD-1 and Buyer Proof of Funds/Pre-Qualification Letter

 

 

Third Party Authorization to speak to your agent/broker and any closing agent

Do you pay your own real estate

 

A copy of your most recent tax bill(s) that include the tax amount and due date.

taxes?

 

Indication of the status of the bill (paid/unpaid).

 

 

 

 

Documentation of delinquent taxes, a copy of all delinquent tax bills with the total amount due, including penalties

In the event all other required

 

and interest.

 

 

information is received and tax

 

 

 

 

information has not been provided,

 

Notice: If you would prefer to have SLS perform a tax search immediately rather than supplying the required tax

SLS will perform a tax search in order

 

 

items listed above, please initial, agreeing to the $25.00 charge assessed to your loan.

to obtain all delinquent and current

 

 

 

 

 

tax amounts due. A fee of $25.00

 

 

 

 

will be assessed to your loan.

 

 

 

 

Do you pay your own

 

A copy of your existing hazard and/or flood insurance declarations page that includes the policy dates, annual

Hazard/Flood insurance?

 

premium amount, insurance carrier name and contact information.

 

 

An indication of how the premiums are paid (monthly, quarterly, semi-annually, annually) and when the next

 

 

payment is due.

 

 

 

 

Notice: If your hazard/flood insurance is PAID FROM ESCROW: in the event that the insurance policy on file is expired

 

 

and we have not yet received an updated policy, SLS will estimate the cost of the insurance at a lender placed policy

 

 

rate. This rate is normally higher than preferred policy rate and may increase the amount of the monthly required

 

 

escrow payment.

 

 

For Borrowers in Idaho or

 

Prospective Borrower’s State Agreement, signed and dated. (A copy may also be located at www.sls.net)

Vermont

 

 

 

 

SECTION 6: PRINCIPAL RESIDENCE INFORMATION

Principal Home Address:

Principal Home Servicer Name:

Principal Home Servicer Phone Number:

 

( ______ ) -________-_____________

Is the mortgage on your principal home current?

 

 

 

 

 

 

 

 

 

 

If “no”, number of months your payment is past due (if known):

 

 

 

 

 

 

 

 

 

 

 

Yes

No

____________

 

 

 

 

 

 

 

 

Other mortgages or liens on the property:

 

 

 

Lien Holder/Servicer Name:

 

 

 

 

 

Secondary Loan ID Number (if applicable):

 

 

Yes

 

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Do you have condominium or homeowner association (HOA) fees?

 

 

 

If “Yes”, monthly fee:

 

 

Are fees paid current:

 

 

Yes

 

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Yes

 

No

Name and address that the fees are paid to:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Does your mortgage payment include taxes?

 

 

 

 

If “No”, are the taxes paid

 

What is the annual amount of homeowner’s taxes?

 

 

 

 

 

 

 

 

 

 

 

 

current?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Yes

 

 

No

 

 

 

 

 

 

 

Yes

 

 

 

No

 

$_______________________________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Does your mortgage payment include insurance?

 

 

 

 

If “No”, is the insurance paid

 

What is the annual amount of homeowner’s insurance?

 

 

 

 

 

 

 

 

 

 

 

 

current?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Yes

 

 

No

 

 

 

 

 

 

 

Yes

 

 

 

No

 

$_______________________________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Is the property listed for sale?

 

 

 

 

If “Yes”, Listing Agent’s Name:

 

 

Phone Number:

 

 

 

 

 

Yes

 

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

( ______ ) -________-_____________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

List date?

 

 

 

Have you received a purchase offer?

 

 

 

 

Amount of Offer?

 

 

 

 

Closing Date:

_____/_____/_________

 

Yes

 

No

 

 

 

$____________________________

 

_____/_____/_________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SECTION 6A: NON-PRINCIPAL RESIDENCE INFORMATION

 

 

 

 

 

Complete this section ONLY if you are requesting mortgage assistance with a property that is NOT your principal residence.

 

 

 

Check this box if this section does not apply to you

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Address:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage Servicer Name:

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage Servicer Phone Number:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

( ______ ) -________-_____________

 

Is the mortgage on this property current?

 

 

 

 

 

 

 

 

 

 

 

If “no”, number of months your payment is past due (if known):

 

 

 

 

 

 

 

 

 

 

 

Yes

No

 

____________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other mortgages or liens on the property:

 

 

 

Lien Holder/Servicer Name:

 

 

 

 

 

Secondary Loan ID Number (if applicable):

 

 

Yes

 

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Do you have condominium or homeowner association

 

If “Yes”, monthly fee:

 

 

 

 

 

 

 

 

Are fees paid current:

(HOA) fees?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Yes

 

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Yes

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name and address that the fees are paid to:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Does your mortgage payment include taxes?

 

 

If “No”, are the taxes paid current?

 

 

 

 

 

What is the annual amount of homeowner’s taxes?

 

 

Yes

 

 

No

 

 

 

 

Yes

No

 

 

 

 

 

 

 

$ ______________________________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Does your mortgage payment include insurance?

 

 

If “No”, is the insurance paid current?

 

 

What is the annual amount of homeowner’s insurance?

 

 

Yes

 

 

No

 

 

 

 

Yes

No

 

 

 

 

 

 

 

$_______________________________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Is the property listed for sale?

 

 

 

If “Yes”, Listing Agent’s Name:

 

 

 

 

 

Phone Number:

 

 

Yes

 

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

( ______ ) -________-_____________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

List date?

 

 

 

 

Have you received a purchase offer?

 

 

Amount of Offer?

 

 

 

 

 

Closing Date:

 

 

 

_____/_____/_________

 

Yes

 

 

No

 

 

 

$____________________________

 

 

_____/_____/_________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If requesting assistance with a rental property, Property is:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Vacant

 

 

Second/seasonal home

Rented

 

 

 

If rental property is occupied by a tenant: Term of lease/occupancy: ___/___/___ -

___/___/___

Gross monthly rent:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MM / DD / YY

MM / DD / YY

 

 

 

 

$___________________________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If rental property is vacant, describe efforts to rent property:

If applicable, describe relationship of and duration of non-rent paying occupant of rental property:

RENTAL PROPERTY CERTIFICATION

(You must complete this certification if you are requesting a mortgage modification with respect to a rental property.)

Check this box if this section does not apply to you

By checking this box and initialing below, I am requesting a mortgage modification under MHA with respect to the rental property described in this Section 6 and I hereby certify under penalty of perjury that each of the following statements is true and correct with respect to that property:

1.I intend to rent the property to a tenant or tenants for at least five years following the effective date of my mortgage modification. I understand that the Servicer, the U.S. Department of the Treasury, or their respective agents may ask me to provide evidence of my intention to rent the

property during such time. I further understand that such evidence must show that I used reasonable efforts to rent the property to a tenant or

tenants on a year-round basis, if the property is or becomes vacant during such five-year period.

Note: The ter reaso a le efforts i ludes, ithout li itatio , ad ertisi g the propert for re t i lo al e spapers, e sites or other commonly used forms of written or electronic media, and/or engaging a real estate or other professional to assist in renting the property, in either case, at or below market rent.

2.The property is not my secondary residence and I do not intend to use the property as a secondary residence for at least five years following the effective date of my mortgage modification. I understand that if I do use the property as a secondary residence during such five-year period, my

use of the property may be considered to be inconsistent with the certifications I have made herein.

Note: The ter se o dar reside e i ludes, ithout li itatio , a se o d ho e, a atio ho e or other t pe of reside e that I personally use or occupy on a part-time, seasonal or other basis.

3.I do not own more than five (5) single-family homes (i.e., one-to-four unit properties) (exclusive of my principal residence).

Notwithstanding the foregoing certifications, I may at any time sell the property, occupy it as my principal residence, or permit my legal dependent, parent or grandparent to occupy it as their principal residence with no rent charged or collected, none of which will be considered to be inconsistent with the certifications made herein.

This certification is effective on the earlier of the date listed below or the date the RMA is received by your Servicer.

Initials: Borrower ________________

Co-borrower _________________

Co-borrower _________________

Co-borrower _________________

SECTION 7: OTHER PROPERTIES OWNED

You must provide information about all properties that you or any co-borrowers own, other than your principal residence and any other

property described in Section 7 below. Use additional sheets, if necessary.

The amount of monthly payment made to your lender including, principal, interest, property taxes and insurance.

Check this box if this section does not apply to you

Other Property #1

Property Address:

Loan ID Number:

Servicer Name:

Mortgage Balance: $

Current Value: $

Property is: Vacant

Second/seasonal home

Rented

Gross Monthly Rent:

$

Monthly Mortgage Payment:

$

Other Property #2

Property Address:

Loan ID Number:

Servicer Name:

Mortgage Balance:

Current Value:

Property is: Vacant

Second/seasonal home

Rented

Gross Monthly Rent:

$

Monthly Mortgage Payment:

$

SECTION 8: DODD-FRANK CERTIFICATION

The following information is requested by the federal government in accordance with the DoddFrank wall Street Reform and Consumer Protection Act (Pub. L111203). You are required to furnish this information. The law provides that no person shall be eligible to begin receiving assistance from the Making Home Affordable Program, authorized under the Emergency Economic Stabilization Act of 2008 (12 U.S.C 5201 et seq.), or any other mortgage assistance program authorized of funded by that Act, if such person, in connection with a mortgage or real estate transaction, has been convicted, within the last 10 years of any one of the following: (A) felony larceny, theft, fraud, or forgery; (B) money laundering; or (C) tax evasion.

I/we certify under the penalty of perjury that I/we have not been convicted within the last 10 years of any one of the following in connection with a mortgage or real estate transaction:

(a)Felony larceny, theft, fraud, or forgery;

(b)Money laundering;

(c)Tax evasion

I/we understand that the Servicer, the United States Department of the Treasury, or their respective agents may investigate the accuracy of my/our statements by performing routine background checks, including automated searches of federal, state, and county databases, to confirm that I/we have not been convicted of such crimes. I/we also understand that knowingly submitting false information may violate Federal law.

If you have been convicted of one of the mortgage or real estate crimes listed above within the last 10 years, you must cross out this section. You will be considered for other mortgage assistance options that are not a part of the Making Home Affordable Program.

This certification is effective on the earlier of the date listed below or the date this RMA is

received by your Servicer.

 

Initials: Borrower ________________

Co-borrower _________________

Co-borrower _________________

Co-borrower _________________

SECTION 9: INFORMATION FOR GOVERNMENT MONITORING PURPOSES

The following information is requested by the federal government in order to monitor compliance with federal statutes that prohibit discrimination in housing. You are not required to furnish this information, but are encouraged to do so. The law provides that a lender or Servicer may not discriminate either on the basis of this information, or on whether you choose to furnish it. If you furnish the information, please provide both ethnicity and race. For race, you may check more than one designation. If you do not furnish ethnicity, race, or sex, the lender or Servicer is required to note the information on the basis of visual observation or surname if you have made this request for a loan modification in person. If you do not wish to furnish the information,

please check the box below.

 

BORROWER

 

I do not wish to

CO-BORROWER

I do not wish to furnish this information

 

 

 

 

 

furnish this

 

 

 

 

 

 

 

 

information

 

 

 

 

Ethnicity:

 

 

Hispanic or Latino

Ethnicity:

Hispanic or Latino

 

 

 

 

Not Hispanic or

 

Not Hispanic or Latino

 

 

 

 

 

Latino

 

 

 

 

Race:

 

 

American Indian or

Race:

American Indian or Alaska Native

 

 

 

 

 

Alaska Native

 

Asian

 

 

 

 

Asian

 

Black or African American

 

 

 

 

Black or African

 

Native Hawaiian or Other Pacific Islander

 

 

 

 

 

American

 

White

 

 

 

 

Native Hawaiian or

 

 

 

 

 

 

 

 

Other Pacific Islander

 

 

 

 

 

 

 

White

 

 

 

 

Sex:

 

 

Female

Sex:

Female

 

 

 

 

Male

 

Male

 

 

 

To be completed by Interviewer

 

Name/Address of Interviewer’s Employer

 

This request was taken by:

 

Interviewer’s Name (print or type) & ID Number

 

 

 

Face-to-face interview

 

 

 

 

 

 

Interviewer’s Signature

Date

 

 

 

Mail

 

 

 

 

 

 

 

 

 

 

 

Telephone

 

 

 

 

 

 

 

Internet

 

Interviewer’s Phone Number (include area code)

 

 

 

 

 

 

 

 

 

 

 

SECTION 10: BORROWER AND CO-BORROWER ACKNOWLEDGEMENT AND AGREEMENT

1.I certify that all of the information in this RMA is truthful and the hardship(s) identified above has contributed to submission of this request for mortgage relief.

2.I understand and acknowledge that the Servicer, the U.S. Department of the Treasury, the owner or guarantor of my mortgage loan, or their respective agents may investigate the accuracy of my statements, may require me to provide additional supporting documentation and that knowingly submitting false information may violate Federal and other applicable law.

3.I authorize and give permission to the Servicer, the U.S. Department of the Treasury, and their respective agents, to assemble and use a current consumer report on all borrowers obligated on the loan, to investigate each borrower’s

eligibility for MHA and the accuracy of my statements and any documentation that I provide in connection with my request

for assistance. I understand that these consumer reports may include, without limitation, a credit report, and be assembled and used at any point during the application process to assess each borrower’s eligibility thereafter.

4.I understand that if I have intentionally defaulted on my existing mortgage, engaged in fraud or if it is determined that any of my statements or any information contained in the documentation that I provide are materially false and that I was ineligible for assistance under MHA, the Servicer, the U.S. Department of the Treasury, or their respective agents may terminate my participation in MHA, including any right to future benefits and incentives that otherwise would have been available under the program, and also may seek other remedies available at law and in equity, such as recouping any benefits or incentives previously received.

5.I certify that any property for which I am requesting assistance is a habitable residential property that is not subject to a condemnation notice.

6.I certify that I am willing to provide all requested documents and to respond to all Servicer communications in a timely manner. I understand that time is of the essence.

7.I understand that the Servicer will use the information I provide to evaluate my eligibility for available relief options and foreclosure alternatives, but the Servicer is not obligated to offer me assistance based solely on the representations in this document or other documentation submitted in connection with my request.

8.I am willing to commit to credit counseling if it is determined that my financial hardship is related to excessive debt.

9.If I am eligible for assistance under MHA, and I accept and agree to all terms of an MHA notice plan, or agreement, I also agree that the terms of this Acknowledgment and Agreement are incorporated into such notice, plan, or agreement by reference as if set forth therein in full. My first timely payment, if required, following my Servicer's determination and notification of my eligibility or prequalification for MHA assistance will serve as my acceptance of the terms set forth in the notice, plan, or agreement sent to me.

10.I understand that my Servicer will collect and record personal information that I submit in this RMA and during the evaluation process, including, but not limited to, my name, address, telephone number, social security number, credit

score, income, payment history, government monitoring information, and information about my account balances and activity. I understand and consent to the Servicer’s disclosure of my personal information and the terms of any MHA notice,

plan or agreement to the U.S. Department of the Treasury and its agents, Fannie Mae and Freddie Mac in connection with their responsibilities under MHA, companies that perform support services in conjunction with MHA, any investor, insurer, guarantor, or Servicer that owns, insures, guarantees, or services my first lien or subordinate lien (if applicable) mortgage loan(s) and to any HUD-certified housing counselor.

11.I consent to being contacted concerning this request for mortgage assistance and all other matters concerning my loan at any e-mail address or cellular or mobile telephone number I have provided to the Servicer. This includes text messages and telephone calls (including those made by an automated dialer) to my cellular or mobile telephone.

The undersigned certifies under penalty of perjury that all statements in this document are true and correct.

Borrower Signature

 

Social Security Number

 

Date of Birth

 

Date Signed

 

 

 

 

 

 

 

Co-Borrower Signature

 

Social Security Number

 

Date of Birth

 

Date Signed

 

 

 

 

 

 

 

Co-Borrower Signature

 

Social Security Number

 

Date of Birth

 

Date Signed

 

 

 

 

 

 

 

Co-Borrower Signature

 

Social Security Number

 

Date of Birth

 

Date Signed

NOTICE TO BORROWERS

CONSUMER ALERT – FORECLOSURE RESCUE SCAMS

It is imperative that you take caution to avoid scams which promise to "rescue" you from being forced to foreclose on your home. If you are behind on your home mortgage, records regarding delinquent mortgages may be published by mortgage lenders prior to foreclosing on homes. Additionally, private firms frequently compile and sell lists of foreclosed properties and distressed borrowers. Scam artists have resorted to various means to contact distressed borrowers in person, by mail, over the telephone, or by e-mail. Often times, their “foreclosure/mortgage consulting services” are advertised on television, radio, or the Web, and in newspapers, and offer things such as "foreclosure prevention" or "foreclosure rescue" services. State law may require that such persons enter into a contract with you that fully describe the services they will perform for the fee they charge. Additionally, the law may prohibit them from taking any fee from you until they have completed all work promised in their contract.

If you are approached by someone offering to negotiate a loan modification to stop or delay the foreclosure of your home for a fee, it is strongly advised that you check his or her credentials, reputation, and experience, before entering into a contract with them. If you are contacted by someone claiming to be able to offer you relief via a loan modification, for a fee, and you question the authenticity of such a service, contact your mortgage Servicer. Your mortgage Servicer can assist you in identifying legitimate options to avoid foreclosure.

How to Report a Scam – do one of the following:

Go to www.preventloanscams.org and fill out the Loan Modification Scam Prevention Network’s (LMSPN) complaint form online and get more information on how to fight back. Note: you can also fill out this form and send to the fax number/e- mail/address (your choice!) on the back of the form.

Call 1-888-995HOPE (4673) and tell the counselor about your situation and that you believe you got scammed or know of a scam.

The Loan Modification Scam Prevention Network is a national coalition of governmental and private organizations led by Fannie Mae, Freddie Mac, NeighborWorks America™ and the Lawyers’ Committee for Civil Rights Under Law.

Please be advised that Specialized Loan Servicing LLC does not provide legal advice and the foregoing statement only constitutes a friendly consumer alert to our customers.

CREDIT REPORTING - Payment history will continue to be reported to the credit bureaus during the loan modification process. You must continue to make your scheduled payments in order to avoid negative credit reporting.

SPECIALIZED LOAN SERVICING LLC IS REQUIRED BY LAW TO INFORM YOU THAT THIS COMMUNICATION IS FROM A DEBT COLLECTOR. HOWEVER, THE PURPOSE OF THIS COMMUNICATION IS TO OFFER YOU LOSS MITIGATION ASSISTANCE THAT MAY HELP YOU BRING OR KEEP YOUR LOAN CURRENT THROUGH AFFORDABLE PAYMENTS. IF YOU ARE CURRENTLY IN A BANKRUPTCY PROCEEDING, OR HAVE PREVIOUSLY OBTAINED A DISCHARGE OF THIS DEBT UNDER APPLICABLE BANKRUPTCY LAW, THIS NOTICE IS FOR INFORMATION ONLY AND IS NOT AN ATTEMPT TO COLLECT THE DEBT, A DEMAND FOR PAYMENT, OR AN ATTEMPT TO IMPOSE PERSONAL LIABILITY FOR THAT DEBT. YOU ARE NOT OBLIGATED TO DISCUSS YOUR HOME LOAN WITH US OR ENTER INTO A LOAN MODIFICATION OR OTHER LOAN-ASSISTANCE PROGRAM. YOU SHOULD CONSULT WITH YOUR BANKRUPTCY ATTORNEY OR OTHER ADVISOR ABOUT YOUR LEGAL RIGHTS AND OPTIONS. IF YOU HAVE QUESTIONS, PLEASE CONTACT US AT 1-800-306-6057.

We may order an appraisal to determine the property's value and charge you for this appraisal. We will promptly give you a copy of any appraisal, even if your loan does not close.

You can pay for an additional appraisal for your own use at your own cost.

Form 4506-T

(Rev. September 2013)

Department of the Treasury

Internal Revenue Service

Request for Transcript of Tax Return

Request may be rejected if the form is incomplete or illegible.

OMB No. 1545-1872

Tip. Use Form 4506-T to order a transcript or other return information free of charge. See the product list below. You can quickly request transcripts by using our automated self-help service tools. Please visit us at IRS.gov and click on "Order a Return or Account Transcript" or call 1-800-908-9946. If you need a copy of your return, use Form 4506, Request for Copy of Tax Return. There is a fee to get a copy of your return.

1a

Name shown on tax return. If a joint return, enter the name

1b First social security number on tax return, individual taxpayer identification

 

shown first.

number, or employer identification number (see instructions)

 

 

 

2a

If a joint return, enter spouse’s name shown on tax return.

2b Second social security number or individual taxpayer

 

 

identification number if joint tax return

 

 

 

3Current name, address (including apt., room, or suite no.), city, state, and ZIP code (see instructions)

4Previous address shown on the last return filed if different from line 3 (see instructions)

5If the transcript or tax information is to be mailed to a third party (such as a mortgage company), enter the third party’s name, address, and telephone number.

Specialized Loan Servicing LLC - Attn: Resolution Support - 1-800-306-6059 - 8742 Lucent Blvd., Suite 300, Highlands Ranch, CO 80129

Caution. If the tax transcript is being mailed to a third party, ensure that you have filled in lines 6 through 9 before signing. Sign and date the form once you have filled in these lines. Completing these steps helps to protect your privacy. Once the IRS discloses your tax transcript to the third party listed on line 5, the IRS has no control over what the third party does with the information. If you would like to limit the third party's authority to disclose your transcript information, you can specify this limitation in your written agreement with the third party.

6Transcript requested. Enter the tax form number here (1040, 1065, 1120, etc.) and check the appropriate box below. Enter only one tax form number per request.

aReturn Transcript, which includes most of the line items of a tax return as filed with the IRS. A tax return transcript does not reflect

changes made to the account after the return is processed. Transcripts are only available for the following returns: Form 1040 series, Form 1065, Form 1120, Form 1120A, Form 1120H, Form 1120L, and Form 1120S. Return transcripts are available for the current year and returns processed during the prior 3 processing years. Most requests will be processed within 10 business days . . . . . .

bAccount Transcript, which contains information on the financial status of the account, such as payments made on the account, penalty assessments, and adjustments made by you or the IRS after the return was filed. Return information is limited to items such as tax liability

and estimated tax payments. Account transcripts are available for most returns. Most requests will be processed within 10 business days .

cRecord of Account, which provides the most detailed information as it is a combination of the Return Transcript and the Account

Transcript. Available for current year and 3 prior tax years. Most requests will be processed within 10 business days

. . . . . .

7Verification of Nonfiling, which is proof from the IRS that you did not file a return for the year. Current year requests are only available after June 15th. There are no availability restrictions on prior year requests. Most requests will be processed within 10 business days . .

8Form W-2, Form 1099 series, Form 1098 series, or Form 5498 series transcript. The IRS can provide a transcript that includes data from these information returns. State or local information is not included with the Form W-2 information. The IRS may be able to provide this transcript information for up to 10 years. Information for the current year is generally not available until the year after it is filed with the IRS. For example, W-2 information for 2011, filed in 2012, will likely not be available from the IRS until 2013. If you need W-2 information for retirement purposes, you should contact the Social Security Administration at 1-800-772-1213. Most requests will be processed within 10 business days .

Caution. If you need a copy of Form W-2 or Form 1099, you should first contact the payer. To get a copy of the Form W-2 or Form 1099 filed with your return, you must use Form 4506 and request a copy of your return, which includes all attachments.

9Year or period requested. Enter the ending date of the year or period, using the mm/dd/yyyy format. If you are requesting more than four years or periods, you must attach another Form 4506-T. For requests relating to quarterly tax returns, such as Form 941, you must enter each quarter or tax period separately.

Check this box if you have notified the IRS or the IRS has notified you that one of the years for which you are requesting a transcript involved identity theft on your federal tax return . . . . . . . . . . . . . . . . . . . . . . . . . . .

Caution. Do not sign this form unless all applicable lines have been completed.

Signature of taxpayer(s). I declare that I am either the taxpayer whose name is shown on line 1a or 2a, or a person authorized to obtain the tax information requested. If the request applies to a joint return, at least one spouse must sign. If signed by a corporate officer, partner, guardian, tax matters partner, executor, receiver, administrator, trustee, or party other than the taxpayer, I certify that I have the authority to execute Form 4506-T on behalf of the taxpayer. Note. For transcripts being sent to a third party, this form must be received within 120 days of the signature date.

 

 

 

Phone number of taxpayer on line

 

 

 

1a or 2a

 

 

 

 

 

 

 

 

 

Signature (see instructions)

Date

 

Sign

 

 

 

Here

 

 

 

Title (if line 1a above is a corporation, partnership, estate, or trust)

 

 

 

 

 

 

 

 

 

 

 

Spouse’s signature

Date

 

 

 

 

For Privacy Act and Paperwork Reduction Act Notice, see page 2.

Cat. No. 37667N

Form 4506-T (Rev. 9-2013)

Form 4506-T (Rev. 9-2013)

Page 2

 

 

Section references are to the Internal Revenue Code unless otherwise noted.

Future Developments

For the latest information about Form 4506-T and its instructions, go to www.irs.gov/form4506t. Information about any recent developments affecting Form 4506-T (such as legislation enacted after we released it) will be posted on that page.

General Instructions

CAUTION. Do not sign this form unless all applicable lines have been completed.

Purpose of form. Use Form 4506-T to request tax return information. You can also designate (on line 5) a third party to receive the information. Taxpayers using a tax year beginning in one calendar year and ending in the following year (fiscal tax year) must file Form 4506-T to request a return transcript.

Note. If you are unsure of which type of transcript you need, request the Record of Account, as it provides the most detailed information.

Tip. Use Form 4506, Request for Copy of Tax Return, to request copies of tax returns.

Automated transcript request. You can quickly request transcripts by using our automated self-help service tools. Please visit us at IRS.gov and click on “Order a Return or Account Transcript” or call 1-800-908-9946.

Where to file. Mail or fax Form 4506-T to the address below for the state you lived in, or the state your business was in, when that return was filed. There are two address charts: one for individual transcripts (Form 1040 series and Form W-2) and one for all other transcripts.

If you are requesting more than one transcript or other product and the chart below shows two different addresses, send your request to the address based on the address of your most recent return.

Chart for individual transcripts (Form 1040 series and Form W-2 and Form 1099)

If you filed an

individual return Mail or fax to: and lived in:

Alabama, Kentucky,

 

Louisiana, Mississippi,

 

Tennessee, Texas, a

Internal Revenue Service

foreign country, American

RAIVS Team

Samoa, Puerto Rico,

Stop 6716 AUSC

Guam, the

Austin, TX 73301

Commonwealth of the

 

Northern Mariana Islands,

 

the U.S. Virgin Islands, or

512-460-2272

A.P.O. or F.P.O. address

 

 

 

Alaska, Arizona, Arkansas,

 

California, Colorado,

 

Hawaii, Idaho, Illinois,

Internal Revenue Service

Indiana, Iowa, Kansas,

RAIVS Team

Michigan, Minnesota,

Stop 37106

Montana, Nebraska,

Fresno, CA 93888

Nevada, New Mexico,

 

North Dakota, Oklahoma,

 

Oregon, South Dakota,

 

Utah, Washington,

559-456-5876

Wisconsin, Wyoming

 

 

 

Connecticut, Delaware,

 

District of Columbia,

 

Florida, Georgia, Maine,

Internal Revenue Service

Maryland, Massachusetts,

RAIVS Team

Missouri, New Hampshire,

Stop 6705 P-6

New Jersey, New York,

Kansas City, MO 64999

North Carolina, Ohio,

 

Pennsylvania, Rhode

 

Island, South Carolina,

 

Vermont, Virginia, West

816-292-6102

Virginia

 

 

 

Chart for all other transcripts

If you lived in

or your business Mail or fax to: was in:

Alabama, Alaska,

 

Arizona, Arkansas,

 

California, Colorado,

 

Florida, Hawaii, Idaho,

Internal Revenue Service

Iowa, Kansas,

RAIVS Team

Louisiana, Minnesota,

P.O. Box 9941

Mississippi,

Mail Stop 6734

Missouri, Montana,

Ogden, UT 84409

Nebraska, Nevada,

 

New Mexico,

 

North Dakota,

 

Oklahoma, Oregon,

 

South Dakota, Texas,

801-620-6922

Utah, Washington,

 

Wyoming, a foreign

 

country, or A.P.O. or

 

F.P.O. address

 

Connecticut,

 

Delaware, District of

 

Columbia, Georgia,

Internal Revenue Service

Illinois, Indiana,

RAIVS Team

Kentucky, Maine,

P.O. Box 145500

Maryland,

Stop 2800 F

Massachusetts,

Cincinnati, OH 45250

Michigan, New

 

Hampshire, New

 

Jersey, New York,

 

North Carolina,

 

Ohio, Pennsylvania,

 

Rhode Island, South

859-669-3592

Carolina, Tennessee,

 

Vermont, Virginia,

 

West Virginia,

 

Wisconsin

 

Line 1b. Enter your employer identification number (EIN) if your request relates to a business return. Otherwise, enter the first social security number (SSN) or your individual taxpayer identification number (ITIN) shown on the return. For example, if you are requesting Form 1040 that includes Schedule C (Form 1040), enter your SSN.

Line 3. Enter your current address. If you use a P. O. box, include it on this line.

Line 4. Enter the address shown on the last return filed if different from the address entered on line 3.

Note. If the address on lines 3 and 4 are different and you have not changed your address with the IRS, file Form 8822, Change of Address. For a business address, file Form 8822-B, Change of Address or Responsible Party—Business.

Line 6. Enter only one tax form number per request.

Signature and date. Form 4506-T must be signed and dated by the taxpayer listed on line 1a or 2a. If you completed line 5 requesting the information be sent to a third party, the IRS must receive Form 4506-T within 120 days of the date signed by the taxpayer or it will be rejected. Ensure that all applicable lines are completed before signing.

Individuals. Transcripts of jointly filed tax returns may be furnished to either spouse. Only one signature is required. Sign Form 4506-T exactly as your name appeared on the original return. If you changed your name, also sign your current name.

Corporations. Generally, Form 4506-T can be signed by: (1) an officer having legal authority to bind the corporation, (2) any person designated by the board of directors or other governing body, or (3) any officer or employee on written request by any principal officer and attested to by the secretary or other officer.

Partnerships. Generally, Form 4506-T can be signed by any person who was a member of the partnership during any part of the tax period requested on line 9.

All others. See section 6103(e) if the taxpayer has died, is insolvent, is a dissolved corporation, or if a trustee, guardian, executor, receiver, or administrator is acting for the taxpayer.

Documentation. For entities other than individuals, you must attach the authorization document. For example, this could be the letter from the principal officer authorizing an employee of the corporation or the letters testamentary authorizing an individual to act for an estate.

Signature by a representative. A representative can sign Form 4506-T for a taxpayer only if the taxpayer has specifically delegated this authority to the representative on Form 2848, line 5. The representative must attach Form 2848 showing the delegation to Form 4506-T.

Privacy Act and Paperwork Reduction Act Notice. We ask for the information on this form to establish your right to gain access to the requested tax information under the Internal Revenue Code. We need this information to properly identify the tax information and respond to your request. You are not required to request any transcript; if you do request a transcript, sections 6103 and 6109 and their regulations require you to provide this information, including your SSN or EIN. If you do not provide this information, we may not be able to process your request. Providing false or fraudulent information may subject you to penalties.

Routine uses of this information include giving it to the Department of Justice for civil and criminal litigation, and cities, states, the District of Columbia, and U.S. commonwealths and possessions for use in administering their tax laws. We may also disclose this information to other countries under a tax treaty, to federal and state agencies to enforce federal nontax criminal laws, or to federal law enforcement and intelligence agencies to combat terrorism.

You are not required to provide the information requested on a form that is subject to the Paperwork Reduction Act unless the form displays a valid OMB control number. Books or records relating to a form or its instructions must be retained as long as their contents may become material in the administration of any Internal Revenue law. Generally, tax returns and return information are confidential, as required by section 6103.

The time needed to complete and file Form 4506-T will vary depending on individual circumstances. The estimated average time is: Learning about the law or the form, 10 min.; Preparing the form, 12 min.; and Copying, assembling, and sending the form to the IRS, 20 min.

If you have comments concerning the accuracy of these time estimates or suggestions for making Form 4506-T simpler, we would be happy to hear from you. You can write to:

Internal Revenue Service

Tax Forms and Publications Division

1111 Constitution Ave. NW, IR-6526 Washington, DC 20224

Do not send the form to this address. Instead, see Where to file on this page.

Form 4506T-EZ

(Rev. January 2012)

Department of the Treasury Internal Revenue Service

Short Form Request for Individual Tax Return Transcript

Request may not be processed if the form is incomplete or illegible.

OMB No. 1545-2154

Tip. Use Form 4506T-EZ to order a 1040 series tax return transcript free of charge, or you can quickly request transcripts by using our automated self-help service tools. Please visit us at IRS.gov and click on “Order a Transcript” or call 1-800-908-9946.

1a

Name shown on tax return. If a joint return, enter the name shown first.

1b

First social security number or individual taxpayer

 

 

 

identification number on tax return

 

 

 

 

2a

If a joint return, enter spouse’s name shown on tax return.

2b

Second social security number or individual

 

 

 

taxpayer identification number if joint tax return

 

 

 

 

3Current name, address (including apt., room, or suite no.), city, state, and ZIP code (see instructions)

4Previous address shown on the last return filed if different from line 3 (see instructions)

5If 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.

Third party name

Specialized Loan Servicing LLC - Attn: Resolution Support

Telephone number

1-800-306-6059

Address (including apt., room, or suite no.), city, state, and ZIP code

8742 S. Lucent Blvd., Suite 300, Highlands Ranch, CO 80129

Caution. If the tax 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 this line. Completing this step helps to protect your privacy. Once the IRS discloses your IRS transcript to the third party listed on line 5, the IRS has no control over what the third party does with the information. If you would like to limit the third party's authority to disclose your transcript information, you can specify this limitation in your written agreement with the third party.

6Year(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.

Check this box if you have notified the IRS or the IRS has notified you that one of the years for which you are requesting a transcript involved identity theft on your federal tax return.

Note. If the IRS is unable to locate a return that matches the taxpayer identity information provided above, or if IRS records indicate that the return has not been filed, the IRS may notify you or the third party that it was unable to locate a return, or that a return was not filed, whichever is applicable.

Caution. Do not sign this form unless all applicable lines have been completed.

Signature of taxpayer(s). 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. Note. For transcripts being sent to a third party, this form must be received within 120 days of the signature date.

Sign Here

Phone number of taxpayer on line 1a or 2a

Signature (see instructions)

Date

Spouse’s signature

Date

 

 

 

 

For Privacy Act and Paperwork Reduction Act Notice, see page 2.

Cat. No. 54185S

Form 4506T-EZ (Rev. 1-2012)

Form 4506T-EZ (Rev. 1-2012)

Page 2

Section references are to the Internal Revenue Code unless otherwise noted.

What's New

The IRS has created a page on IRS.gov for information about Form 4506T-EZ at http:// www.irs.gov/form4506. Information about any recent developments affecting Form

4506T-EZ (such as legislation enacted after we released it) will be posted on that page.

Caution. Do not sign this form unless all applicable lines have been completed.

Purpose of form. Individuals can use Form 4506T-EZ to request a tax return transcript for the current and the prior three years that includes most lines of the original tax return. The tax return transcript will not show payments, penalty assessments, or adjustments made to the originally filed return. You can also designate (on line 5) a third party (such as a mortgage company) to receive a transcript. Form 4506T-EZ cannot be used by taxpayers who file Form 1040 based on a tax year beginning in one calendar year and ending in the following year (fiscal tax 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 tax return transcripts, tax account information, W-2 information, 1099 information, verification of non-filing, and record of account.

Automated transcript request. You can quickly request transcripts by using our automated self-help service tools. Please visit us at IRS.gov and click on “Order a Transcript” or call 1-800-908-9946.

Where to file. Mail or fax Form 4506T-EZ to the address below for the state you lived in when the return was filed.

If you are requesting more than one transcript or other product and the chart below shows two different addresses, send your request to the address based on the address of your most recent return.

If you filed an

Mail or fax to the

individual return

“Internal Revenue

and lived in:

Service” at:

 

 

Alabama, Kentucky,

 

Louisiana,

 

Mississippi,

 

Tennessee, Texas, a

 

foreign country,

 

American Samoa,

RAIVS Team

Puerto Rico, Guam,

Stop 6716 AUSC

Austin, TX 73301

the Commonwealth

512-460-2272

of the Northern

 

Mariana Islands, the

 

U.S. Virgin Islands, or

 

A.P.O. or F.P.O.

 

address

 

 

 

Alaska, Arizona,

 

Arkansas, California,

 

Colorado, Hawaii,

 

Idaho, Illinois,

 

Indiana, Iowa,

 

Kansas, Michigan,

RAIVS Team

 

Minnesota, Montana,

Stop 37106

Nebraska, Nevada,

Fresno, CA 93888

New Mexico, North

559-456-5876

Dakota, Oklahoma,

 

Oregon, South

 

Dakota, Utah,

 

Washington,

 

Wisconsin, Wyoming

 

 

 

Connecticut,

 

Delaware, District of

 

Columbia, Florida,

 

Georgia, Maine,

 

Maryland,

 

Massachusetts,

RAIVS Team

Missouri, New

Stop 6705 P-6

Kansas City, MO

Hampshire, New

64999

Jersey, New York,

816-292-6102

North Carolina, Ohio,

 

Pennsylvania, Rhode

 

Island, South

 

Carolina, Vermont,

 

Virginia, West Virginia

 

 

 

Line 1b. Enter your employer identification number (EIN) if your request relates to a business return. Otherwise, enter the first social security number (SSN) or your individual taxpayer identification number (ITIN) shown on the return. For example, if you are requesting Form 1040 that includes Schedule C (Form 1040), enter your SSN.

Line 3. Enter your current address. If you use a P.O. box, include it on this line.

Line 4. Enter the address shown on the last return filed if different from the address entered on line 3.

Note. If the address on lines 3 and 4 are different and you have not changed your address with the IRS, file Form 8822, Change of Address.

Signature and date. Form 4506T-EZ must be signed and dated by the taxpayer listed on line 1a or 2a. 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. Ensure that all applicable lines are completed before signing.

Transcripts of jointly filed tax returns may be furnished to either spouse. 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.

Privacy Act and Paperwork Reduction Act Notice. We ask for the information on this form to establish your right to gain access to the requested tax information under the Internal Revenue Code. We need this information to properly identify the tax information and respond to your request. If you request a transcript, sections 6103 and 6109 require you to provide this information, including your SSN. If you do not provide this information, we may not be able to process your request. Providing false or fraudulent information may subject you to penalties.

Routine uses of this information include giving it to the Department of Justice for civil and criminal litigation, and cities, states, the District of Columbia, and U.S. commonwealths and possessions for use in administering their tax laws. We may also disclose this information to other countries under a tax treaty, to federal and state agencies to enforce federal nontax criminal laws, or to federal law enforcement and intelligence agencies to combat terrorism.

You are not required to provide the information requested on a form that is subject to the Paperwork Reduction Act unless the form displays a valid OMB control number. Books or records relating to a form or its instructions must be retained as long as their contents may become material in the administration of any Internal Revenue law. Generally, tax returns and return information are confidential, as required by section 6103.

The time needed to complete and file Form 4506T-EZ will vary depending on individual circumstances. The estimated average time is: Learning about the law or the form, 9 min.; Preparing the form, 18 min.; and

Copying, assembling, and sending the form to the IRS, 20 min.

If you have comments concerning the accuracy of these time estimates or suggestions for making Form 4506T-EZ simpler, we would be happy to hear from you. You can write to:

Internal Revenue Service

Tax Products Coordinating Committee

SE:W:CAR:MP:T:M:S

1111 Constitution Ave. NW, IR-6526

Washington, DC 20224

Do not send the form to this address. Instead, see Where to file on this page.

Index of Document Descriptions

 

Document Name

Description

 

 

 

 

 

1099 Form

1099 Form - A copy of the most recent IRS form 1099.

 

 

 

 

1st Lien Mortgage

A current Mortgage Statement showing the Unpaid Principal Balance is required for all of your other

 

Statement

mortgages on the subject property.

 

 

4506T or 4506T EZ (Request for Transcript of Tax Return) - A complete signed and dated copy of the IRS

 

 

form 4506T (self-employed) or 4506T EZ. General copies of these forms are also available on our website at

 

 

www.sls.net. The form must be completed with all applicable information with the following completed:

 

 

1. Line five (5): If the transcript or tax information is to be mailed to a third party (such as a

 

 

mortgage company), enter the third party’s name, address, and telephone number.

 

 

a. Specialized Loan Servicing LLC - 8742 Lucent Blvd., Suite 300, Highlands Ranch,

 

 

CO 80129 - 1-800-306-6059

 

 

2. Line six (6): Transcript requested. Enter the tax form number here (1040, 1065, 1120, etc.)

 

 

and check the appropriate box below. Enter only one tax form number per request.

 

 

a. This line requires the tax form filed to the IRS, i.e. 1040, 1065, 1120

 

 

3. Line six a (6a): Return Transcript, which includes most of the line items of a tax return as filed

 

 

with the IRS. A tax return transcript does not reflect changes made to the account after the

 

 

return is processed. Transcripts are only available for the following returns: Form 1040 series,

 

4506T

Form 1065, Form 1120, Form 1120A, Form 1120H, Form 1120L, and Form 1120S. Return

 

transcripts are available for the current year and returns processed during the prior 3

 

 

 

 

processing years. Most requests will be processed within 10 business days.

 

 

a. This line requires a check in the box for 6a. Only box 6a should be checked.

 

 

4. Line nine (9): Year or period requested. Enter the ending date of the year or period, using the

 

 

mm/dd/yyyy format. If you are requesting more than four years or periods, you must attach

 

 

another Form 4506-T. For requests relating to quarterly tax returns, such as Form 941, you

 

 

must enter each quarter or tax period separately.

 

 

a. This line requires the two most recent field tax returns. i.e. 2013 & 2012.

 

 

5. The 4506-T should include the social security number of the borrower(s) and document may not

 

 

be dated more than 90 days ago to be considered usable by the IRS. Please date the document at the

 

 

time of submission to prevent issues.

 

 

6. All sections must be completed in order for us to accept the form. Borrowers who filed their tax returns

 

 

jointly may send in one form signed and dated by both joint filers.

 

 

 

 

Alimony

A copy of the divorce decree, separation agreement or other written agreement or court decree that states the

 

amount of the alimony and period of time over which it will be received.

 

 

 

Alimony - Proof of

Proof of deposit/receipt for the alimony income referenced on your Request for Mortgage Assistance form

 

(RMA). Examples of sufficient evidence would be your 2 most recent consecutive bank statements showing

Receipt

deposits of said income.

 

 

 

 

 

 

Arm’s Length

 

 

Short Sale

A copy of the fully executed Short Sale Affidavit provided in your short sale approval letter.

 

Affidavit

 

 

Articles of

 

 

Org/LLL Cert of

Articles of Organization or Certificate of Formation for your business.

 

Formation

 

 

 

Bank Statements for Verification of Receipt of Income - A copy of your two (2) most recent bank statements --

 

Bank Statements

all pages -- evidencing receipt of income (for example, rental, boarder, Social Security, disability, pension,

 

 

unemployment, alimony, child support, etc...). Notate on the document what the statement is evidencing.

 

 

 

 

 

 

 

 

 

Document Name

 

 

Description

 

 

 

 

 

 

 

 

 

Business Bank Statements for Verification of Receipt of Income and Expenses associated with your self-

 

Business Bank

 

 

employment - A copy of your four (4) most recent bank statements -- all pages -- evidencing receipt of income

 

 

and expenses paid out of the business. Your profit and loss will be calculated from these statements in place

 

Statements

 

 

 

 

of a Profit & Loss statement. Business Bank Statements with intermingled personal incomes and expenses are

 

 

 

 

 

 

 

 

not acceptable business bank statements.

 

Buyer Pre-Qual.

 

 

 

 

Letter/Proof Of

 

 

Buyer pre-qualification letter or proof of funds.

 

Funds

 

 

 

 

Cash Reserves

 

 

Cash Reserves Documentation – Proof of any liquid assets. Examples include 401K documentation, Money

 

Documentation

 

 

Market Account Statements, Bank Statements, Etc…

 

 

 

 

A copy of the divorce decree, separation agreement or other written agreement or court decree that states the

 

Child Support

 

 

amount of the child support and period of time over which it will be received which must continue over a 12-

 

 

 

month period. If 12-month continuance is not evident on documentation, a written statement, signed by the

 

 

 

 

 

 

 

 

borrower and certifying 12-months continuance, must be obtained.

 

Child Support -

 

 

Proof of deposit/receipt for the child support income referenced on your Request for Mortgage Assistance form

 

 

 

(RMA). Examples of sufficient evidence would be your 2 most recent consecutive bank statements showing

 

Proof of Receipt

 

 

 

 

 

deposits of said income.

 

 

 

 

 

Contributor

 

 

Non-borrower Contributor Authorization to Pull Credit Form as provided in your Request for Mortgage

 

Credit

 

 

Assistance Form (RMA). An additional copy of the RMA can be found at www.sls.net or by calling SLS at1-800-

 

Authorization

 

306-6059.

 

Death/Disability

 

 

Proof of deposit/receipt for the death/disability income referenced on your Request for Mortgage Assistance

 

Benefit - Proof of

 

 

form (RMA). Examples of sufficient evidence would be your 2 most recent consecutive bank statements

 

Receipt

 

 

showing deposits of said income.

 

Death/Disability

 

 

Death / Disability Benefit Statement - A copy of your most recent Death / Disability benefits statement that

 

Benefit

 

 

 

 

 

states the amount, frequency, and duration of the benefit.

 

Statement

 

 

 

 

 

 

 

Dodd Frank

 

 

Dodd Frank Certification - Please provide a signed and dated Dodd-Frank certification form.

 

Certification

 

 

 

 

 

 

 

Estate

 

 

Estate Documentation - Required documentation includes; Death Certificate, Will, a Court Order appointing the

 

 

 

executor and a copy of the Final Judgment of Distribution which lists the beneficiaries of the estate and the

 

Documentation

 

 

 

 

 

allocation of the estate assets.

 

 

 

 

 

Hardship

 

 

Proof of Hardship as outlined in your Request for Mortgage Assistance Form (RMA). An additional copy of the

 

Verification

 

 

RMA can be found at www.sls.net or by calling SLS at1-800-306-6059.

 

 

 

 

A copy of your existing hazard and/or flood insurance declarations page that includes the policy dates and

 

 

 

 

annual premium amount, details as to how the insurance premiums are paid (monthly, quarterly, semi-annually,

 

Hazard/Flood

 

 

annually), and when the next premium payment is due. In the event the insurance policy on file is expired and

 

Insurance Policy

 

 

we have not received an updated policy, SLS will estimate the cost of insurance at a lender placed policy rate.

 

 

 

 

This rate is normally higher than a preferred policy rate and may increase the amount of the monthly required

 

 

 

 

escrow payment.

 

HOA

 

 

A current Homeowner's Association (HOA) statement.

 

Statement

 

 

 

 

 

 

 

HUD / Settlement

 

 

Proposed HUD/Settlement Statement for offer

 

Statement

 

 

 

 

 

 

 

HUD Form 90045

 

 

HUD Form 90045 - Approval to Participate Form.

 

Jr. Lien holder

 

 

Letter indicating approval of offer from any junior lien holders.

 

Approval Letter

 

 

 

 

 

 

 

Letter of

 

 

A letter completed by the borrower to explain discrepancies found that need further clarification.

 

 

 

Your Single Point of Contact Agent is the best resource to contact if you have questions on what

 

Explanation

 

 

 

 

 

needs to be reviewed.

 

 

 

 

 

Listing

 

 

Valid Listing Agreement.

 

Agreement

 

 

 

 

 

 

 

Mortgage

 

 

A current Mortgage Statement showing the Unpaid Principal Balance is required for all other mortgages

 

Statement

 

 

claimed on your Request for Mortgage Assistance Form (RMA).

 

 

 

 

Proof of “other” income referenced on your Request for Mortgage Assistance form (RMA).

 

“Other” Income

 

 

Borrowers with other earned income and/or Investment income must provide reliable third party

 

 

 

documentation describing the nature of the income and its continuance. An example for investment

 

Statement/

 

 

income would be providing account statements showing balances. Please provide correct

 

Award letter

 

 

 

 

 

documentation if the other income listed on the RMA matches one of the other incomes on this

 

 

 

 

 

 

 

 

document.

 

“Other” Income

 

 

Proof of deposit/receipt for “other” income referenced on your Request for Mortgage Assistance

 

 

 

 

 

 

Document Name

 

Description

 

 

 

 

 

 

 

 

- Proof of

form (RMA). Examples of sufficient evidence would be your 2 most recent consecutive bank

Receipt

statements showing deposits of said income. Please provide correct documentation if the other

 

income listed on the RMA matches one of the other incomes on this document.

 

Copies of the most recent quarterly or year-to-date profit and loss statement. The statement must include the

 

business name, income, cost of goods sold, other income, expenses, net income after expenses and period

P&L Statement

start and end dates (Example: 10/1/2013 through 12/31/2013). The statement must be signed and dated by the

 

borrower claiming self-employment income. If you are no longer self-employed, please provide a copy of your

 

cancelled business license or letter of explanation.

 

Most recent paystubs demonstrating at least 30 consecutive days’ worth of income. Paystubs must show year-

Paystubs

to-date earnings. If you are new to your job and do not yet have a pay stub, submit a letter from employer

 

verifying employment start date and salary or rate of pay.

Pension/

Proof of deposit/receipt for the pension/retirement income referenced on your Request for Mortgage Assistance

Retirement -

form (RMA). Examples of sufficient evidence would be your 2 most recent consecutive bank statements

Proof of Receipt

showing deposits of said income.

Pension/

A copy of your most recent benefits statement or award letter for the pension/retirement income referenced in

Retirement

the Request for Mortgage Assistance Form (RMA) that states the amount, frequency, and duration of the

Award Letter

benefit.

Public

Proof of Public Assistance benefits (Food Stamps) claimed on your Request for Mortgage

Assistance

Assistance form (RMA) - A copy of your most recent Benefit Award letter that states the amount,

Award Letter

frequency, and duration of the benefit.

Public

Proof of deposit/receipt for Public Assistance income referenced on your Request for Mortgage

Assistance -

Assistance form (RMA). Examples of sufficient evidence would be your 2 most recent consecutive

Proof of

bank statements or account statements showing deposits of said income

Receipt

 

Release of

Proof of Release of Ownership for one or more borrowers. Examples of sufficient evidence may include; Death

Obligation

Certificate, Will, Quit Claim Deed, or Court Order releasing ownership of one or more borrowers on the note.)

 

 

Rental Income -

Proof of deposit/receipt for the rental income referenced on your Request for Mortgage Assistance form (RMA).

Examples of sufficient evidence would be 2 most recent consecutive bank statements showing deposits of said

Proof of Receipt

income.

 

 

The current lease agreement(s) as supporting evidence of your rental income. If a current lease agreement

Rental

doesn’t exist, please provide a letter detailing the following: the property or properties that are tenant occupied;

the amount of rent received; the monthly mortgage payment amount; the lender's name; the monthly tax and

Income/Lease

insurance amounts (if not impounded); and the homeowners association dues, if applicable. The letter must be

Agreement

signed and dated by the person claiming the rental income. If you no longer receive rental income, please

 

 

provide a letter of explanation.

 

Request for Mortgage Assistance Form (RMA) - This form must be fully completed and executed

 

with consideration of each contributing borrower. A general copy of the RMA is also available at

RMA

www.sls.net or you may request an additional application package by contacting us at the number

referenced below. All borrowers should sign the RMA, with the only exceptions being the death of a

 

 

borrower or divorce supported with documentation. Examples of acceptable documentation would

 

include a death certificate or divorce decree showing release of obligation.

Settlement

Proof of deposit/receipt for the settlement income referenced on your Request for Mortgage Assistance form

Income - Proof of

(RMA). Examples of sufficient evidence would be your 2 most recent consecutive bank statements showing

Receipt

deposit of said income.

Settlement

A copy of the settlement agreement, court papers or award letter that states the amount of the settlement

Income

income and period of time over which it will be received.

Statement/Letter

 

Signed Sales

 

Contract/Short

Sales Contract signed by all parties including a Short Sale Addendum.

Sale Addendum

 

Social Security

Proof of deposit/receipt for the social security income referenced on your Request for Mortgage Assistance

Income - Proof of

form (RMA). Examples of sufficient evidence would be 2 most recent consecutive bank statements showing

Receipt

deposits of said income.

Social Security

A copy of the current year Social Security benefits statement that states the amount, frequency, and duration of

Statement

the benefit.

State Specific

An executed copy of the State Specific Prospective Borrower Agreement as described in your Request for

Borrower

Mortgage Assistance Form (RMA). A copy of this agreement can be located on our website at www.sls.net.

Agreement

 

 

Document Name

 

 

Description

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A copy of your most recent tax bill that includes the tax amount, due date, and details as to the status of the

 

 

 

 

bill; if there are delinquent taxes, a copy of all tax bills with the total amount due, including penalties and

 

Tax Bills

 

 

interest. In the event all other information is received and tax information has not been provided, SLS will

 

 

 

 

perform a tax search in order to obtain all tax amounts due. A fee of $25.00 will be assessed to your loan

 

 

 

 

account for this search.

 

Tax Returns/Tax

 

 

A copy of the signed tax returns for the two (2) most recent tax years including all applicable schedules and

 

Transcripts

 

 

forms. Examples of schedules and forms include; Schedule E, Schedule C, W-2 Form, 1099 Form, Etc.…

 

 

 

 

 

 

Unemployment

 

 

A copy of your most recent benefits statement or award letter for the unemployment income referenced in the

 

Benefits

 

 

Request for Mortgage Assistance Form (RMA) that states the amount, frequency, and duration of the benefit.

 

Unemployment

 

 

Proof of deposit/receipt for the unemployment benefits referenced on your Request for Mortgage Assistance

 

Benefits - Proof

 

 

form (RMA). Examples of sufficient evidence would be your 2 most recent consecutive bank statements

 

of Receipt

 

 

showing deposit of said income.

 

VA Benefits -

 

 

Proof of deposit/receipt for the VA benefit income referenced on your Request for Mortgage Assistance form

 

 

 

(RMA). Examples of sufficient evidence would be your 2 most recent consecutive bank statements showing

 

Proof of Receipt

 

 

 

 

 

deposits of said income.

 

 

 

 

 

VA Benefits

 

 

A copy of the current year Veteran's Assistance (VA) benefits statement that states the amount, frequency, and

 

Statement

 

 

duration of the benefits.

 

W-2 Form

 

 

A copy of the most recent IRS form W-2.

 

 

 

 

 

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