What documentation do I need to provide for loss mitigation?
Asked 2 years ago
When pursuing loss mitigation with Washington Mutual, individuals will generally need to provide specific documentation to support their application. This documentation may include, but is not limited to, a completed loss mitigation application form, which can usually be found on their official website. Borrowers may also be required to submit a hardship letter explaining the circumstances that have led to the request for assistance. Additionally, providing proof of income is vital; this can include recent pay stubs, tax returns, or bank statements that demonstrate financial status.
Homeowners may also need to include a copy of their mortgage statement, property tax bills, and any relevant notices regarding foreclosure or delinquency. Collectively, these documents help Washington Mutual assess the financial situation and determine potential options for loss mitigation. It is advisable to check the current guidelines on their official website, as specific requirements may vary based on individual circumstances or updates in policy.
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