INLAND EMPIRE SHORT SALE AGENT - FALLBROOOK, TEMECULA, MURRIETA, WILDOMAR, LAKE ELSINORE, LAKELAND VILLAGE, CANYON LAKE, QUAIL VALLEY, SUN CITY, MENIFEE, WINCHESTER, PERRIS, HEMET, MORENO VALLEY, CORONA, NORCO, RIVERSIDE, RIVERSIDE COUNTYINLAND EMPIRE SHORT SALE AGENT - FALLBROOOK, TEMECULA, MURRIETA, WILDOMAR, LAKE ELSINORE, LAKELAND VILLAGE, CANYON LAKE, QUAIL VALLEY, SUN CITY, MENIFEE, WINCHESTER, PERRIS, HEMET, MORENO VALLEY, CORONA, NORCO, RIVERSIDE, RIVERSIDE COUNTYINLAND EMPIRE SHORT SALE AGENT - FALLBROOOK, TEMECULA, MURRIETA, WILDOMAR, LAKE ELSINORE, LAKELAND VILLAGE, CANYON LAKE, QUAIL VALLEY, SUN CITY, MENIFEE, WINCHESTER, PERRIS, HEMET, MORENO VALLEY, CORONA, NORCO, RIVERSIDE, RIVERSIDE COUNTY

Certified Luxury & Distressed Property DesignationsHAFA Eligibility

Most Inland Empire Riverside County or San Bernardino County homeowners facing financial hardship are eligible to apply for HAFA. As a rule, if a homeowner is eligible for HAMP but cannot pay the mortgage, then he or she is eligible for an assisted short sale through HAFA. However, loans owned or guaranteed by Fannie Mae or Freddie Mac do not qualify. Servicers must consider   possible HAMP eligible borrowers for HAFA within 30 calendar    days if the borrower has    met one or more of the following criteria:

HAFA Eligibility 
  • Does not qualify for HAMP Trial Period Plan
  • Does not successfully complete a HAMP Trial Period
  • Is delinquent on the HAMP modification by missing at least two consecutive payments
  • Request a short sale or deed-in-lieu

For a loan to qualify, it must meet the following criteria:
  • The property is the borrower's principal residence
  • The mortgage loan is a first lien mortgage originated on or before January 1, 2009
  • The mortgage is delinquent or default is reasonably foreseeable
  • The current unpaid principal balance is equal to or less than $729,750
  • The borrower's total monthly mortgage payment exceeds 31 percent of the borrower's gross income (as defined in HAMP Supplemental Directive 09-01)
  • The mortgage is not owned or guaranteed by Fannie Mae or Freddie Mac

To get the process short sale started, contact me direct at 888 789-1449