Loss Mitigation – Preliminary Checklist ** PLEASE READ THIS ENTIRE PAGE BEFORE PROCEEDING ** Please enable JavaScript in your browser to complete this form. Please UPLOAD (below) all of the requested documents WITHIN 5 BUSINESS DAYS You will need: • Two Years of full income documents • Your VALID Photo ID(s) • Two most recent W2’s + 2 most recent pay stubs. • Two most recent tax returns + 2 most recent pay stubs. (Please sign page 2 of your returns) • Most recent award letter (If you receive social security, unemployment, a pension, workers compensation, alimony, child support, an annuity, or a structured settlement) • Typed hardship letter. *** Please mention if you are requesting a Short Sale and relocation cost in dollar amount and why- (Sign and date) • Two most recent bank statements: All accounts; Front and back of each page- *update every 30 days *If you do not have any bank accounts please provide a letter stating the same and be sure to sign it. • Please fill out the monthly financial work sheet (FILL-IN BELOW) (Crucial). Note: This includes all expenses: cable, telephone, food, gas, etc. • Your two most recent mortgage statements for all active loans- If you do not have a copy of the mortgage statement then please provide with any correspondence from the lender. • Authorization Forms (FILL-IN BELOW) - (Sign and date) • All papers sent to you by email, fax or mail as they apply to any of the following: Bankruptcy Foreclosure Late Mortgage Payments Late insurance &/or real estate tax payments Any liens against the property other than a timely paid mortgage loan • For all rental properties, a copy of your most recent lease agreement • 4506-T • Copy of the DEED • RMA Affidavit – Complete, Sign and date Authorization to Release Information1st Loan # *2nd Loan # I/We hereby authorize you to release to NABIHA KHAN/ALTERNATE OPTIONS INC. all information that they may require for the purpose of loss mitigation services. Authorization is specifically granted to obtain any or all of the following items: (a) Status of any and all accounts, including payoff amounts (b) Verification of all employment (c) Status of any and all judgments and liens (d) Past Due Accounts and/or Accounts in Collections (e) Credit History (f) Request Payoff amount/Letter (g) Process & Negotiate Short Sale/Debt settlement/Deed in Lieu/Loan Modification I GRANT PERMISSION TO LENDER TO NEGOTIATE WITH NABIHA KHAN/ALTERNATE OPTIONS INC. ON MY BEHALF. A photographic or carbon copy of this authorization (being photographic or carbon copy of the signature(s) of the undersigned shall be deemed equivalent to the original and this Authorization remains in effect until notice of cancellation is issued in writing. Thank you. Client Signature * Clear Signature Client Name *FirstLastClient Social Security # *Client Date *2nd Client Signature Clear Signature 2nd Client NameFirstLast2nd Client Social Security #2nd Client DateSubject Property Address *Address Line 1Address Line 2City--- Select state ---AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingStateZip CodeFile UploadUpload two years of full income documents Click or drag a file to this area to upload. Upload two most recent W2’s + 2 most recent pay stubs Click or drag a file to this area to upload. Upload two most recent tax returns + 2 most recent pay stubs. (Please sign page 2 of your returns) Click or drag a file to this area to upload. Upload most recent award letter Click or drag a file to this area to upload. Upload typed hardship letter Click or drag a file to this area to upload. Upload two most recent bank statements Click or drag a file to this area to upload. Upload monthly financial work sheet FILL IN BELOW Click or drag a file to this area to upload. Upload two most recent mortgage statements for all active loans Click or drag a file to this area to upload. Upload Authorization Forms FILL IN BELOW Click or drag a file to this area to upload. Upload all papers sent to you by email, fax or mail as they apply to any of the following Click or drag a file to this area to upload. Bankruptcy Foreclosure Late Mortgage Payments Late insurance &/or real estate tax payments Any liens against the property other than a timely paid mortgage loan Upload a copy of your most recent lease agreement for all rental properties (if applicable) Click or drag a file to this area to upload. Upload 4506-T Click or drag a file to this area to upload. Upload Copy of the DEED Click or drag a file to this area to upload. Upload RMA Affidavit – Complete, Sign and date Click or drag a file to this area to upload. Upload Client VALID Photo ID Click or drag a file to this area to upload. Upload 2nd Client VALID Photo ID Click or drag a file to this area to upload. Submit Preliminary Checklist
