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Depending upon your current financial situation, it may be possible for Aurora Loan Services LLC(Aurora Loan Services) to offer you a short sale transaction. A short sale occurs when a property is
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What is aurora short sale package?
Aurora short sale package is a set of forms and documents required by Aurora Loan Services when a homeowner is attempting to sell their property for less than the amount owed on the mortgage.
Who is required to file aurora short sale package?
Homeowners who are looking to sell their property for less than the amount owed on the mortgage and have a loan with Aurora Loan Services are required to file aurora short sale package.
How to fill out aurora short sale package?
Aurora short sale package can be filled out by providing all the necessary financial documents, a hardship letter explaining the reason for the short sale, and any other required forms as requested by Aurora Loan Services.
What is the purpose of aurora short sale package?
The purpose of aurora short sale package is to demonstrate the homeowner's financial hardship and inability to continue making mortgage payments, as well as to provide documentation for the short sale transaction.
What information must be reported on aurora short sale package?
The aurora short sale package typically includes financial documents such as bank statements, tax returns, pay stubs, a hardship letter, and a purchase agreement for the sale of the property.
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