Information Disclaimer

**We are not affiliated with any mortgage servicer, the investor/beneficiary of your mortgage note, the mortgage insurer (if applicable) or any government agency. The information found on this page is for educational and convenience purposes only. The information found on this page should be considered as opinion and not fact based on our experience with lenders over 10+ years. Consult your mortgage servicer directly or a professional before using any of the information found on this site. If you are seeking an intermediary to assist you in getting help with your mortgage you may contact us at 888-934-3444 or via email at [email protected] for further review for a no fee, no obligation, consultation. If required you may be referred to a local professional or legal counsel for additional assistance with your mortgage. Please read through our Disclaimer page for additional details. We do not represent in any way any financial institution named on this page. If you feel that any of this information has become outdated or is incorrect please contact us immediately.**

Cenlar FSB Short Sale

Cenlar RMA Short Sale Package

Mortgage Assistance Form.

Short Sale Decline

Cenlar Short Sale Denied?

Cenlar Short Sale Negotiators. We're On Top.

 

Cenlar Short Sale Process

Sometimes you will first have to apply for a Cenlar loan modification but once you have been declined the process is pretty simple:

  1. We have a conversation over the phone with the councellor from Cenlar FSb to initiate the short sale process.
  2. Cenlar FSB Request for Mortgage Assistance Loan Paperwork will Be Required to be completely filled and submitted.
  3. Complete Property Valuation (Certain Investors Require Two Interior Inspections)
  4. Negotiate Terms With Cenlar About Short Sale Fees And Costs To Be Paid Out Of The Seller’s Proceeds.
  5. Lender (Cenlar FSB) Provides A Response To Short Sale Offer Made.

As you know if you’ve been through the process it’s never easy with Cenlar. Often there is some turmoil or another. Repeating the same steps over and over again is typical during Cenlar short sale. It’s part of the process to know that we will have to run around from department to department at Cenlar FSB. The Loan Modifiation Department maybe needs to close it out, or the short sale department doesn’t have someone assigned to Cenlar Customers Service Department; Above all you need to know better when they are sending you in the wrong direction. Often clients come to us after submitting the wrong information on their application, getting denied, and not being able to figure out what happened. We can help you review any declines.

Cenlar Short Sale Timeline

When dealing with Cenlar Loan’s Short Sale timelines vary on some very basic and other not so basic elements. These are just a few of the hoops we jump through when dealing with a short sale.

  • For one, Cenlar FSB is only a servicer of mortgage notes. Therefore, Cenlar FSB’S mortgage division has to abide by the PSA or Pooling and Servicing Agreement that governs the loans. This contract is directly between servicer and investor. It is not always an option for Cenlar FSb to make the decisions. The investor for whom they are servicing the loan have delegated only some decisions to Cenlar so for other decisions they have to get permission from the investor. Some investors such as Fannie Mae (FNMA) and Freddie Mac (FHLMC) have pulled almost all decision making authority from many servicers. As always the greater the number of hands in the put the more layers of burueacracy you’re going to deal with.
  • Additionally, what affects the timeline of the short sale is  whether or not your Cenlar Loan has a sale date. Cenlar FSB is tough when it comes to homes in foreclosure and stopping the sale date for an Cenlar Short Sale to be completed. If you can get a value completed often your chances improve your getting bumped up in the process. Cenlar Loan Servicing has homes being sold at auction every day. Sale dates even for the coming week are not working with ugency. Remember this business is a first come first serve but it is also influenced by foreclosure status and proximity to the sale date.
  • Finally, not all negotiators are good negotiators. This goes for both sides. Often miscomunication In the banking world can lead to certain failure. People become very specialized in this niche of representing homeowners infront of Cenlar Financial Corporation in these financial application processes to find mortgage assistance. Often you will be put though the multiple levels of management including approval from an investor as mentioned above depending on what their total losses are.

Cenlar Short Sale Timeline Conclusion: Your Cenlar Short Sale Timeline will vary based on many different factors. Decisions can be made in house will clearly be quicker than those that have to be sent out for appoval., what the value comes back at from the appraisal completed by Cenlar’s Short Sale Department compared to what the offer is that is being made to them, how fast Cenlar’s Loss Mitigation department received the Cenlar Short Sale Application documents are received (readble) and other factors will come together to effect how long it will take for your Cenlar Short Sale to be Approved.

If Your Cenlar Short Sale Was Denied There May Still Be Options.

 

How To Fix A Cenlar Short Sale Decline?

Often dealing with Cenlar Mortgage and how they deal with short sale buyers offers being declined may be confusing. Often they will not be clear not only as to why but if there is anything that can be done to fix it.  Here at ACG we review dozens of points in order to understand why your Cenlar short sale offer was rejected. Have us review your declined short sale for free by calling us at 888-934-3444.

Cenlar Loan Servicing Contact Information

Cenlar Mortgage Customers

Cenlar Loan Servicing Complaints

Cenlar Home Mortgage Short Sale Reviews

Cenlar Short Sale Complaints

Often we have gotten on the phone with an Cenlar Loan for one of our Customers where we received an offer that changed at a later date. They told us the loan modification was approved and then later it was declined.

Cenlar 1 Star Review:

If I could give them 0 stars I would! DO NOT USE CENLAR!!! Every single employee I’ve talked to is SORRY! They are not trained and they for sure are useless! They say, “Okay we will call you back,” and NOTHING! I’ve been dealing with an issue caused by THEM for 3 months now! They “lost” one of my payments so I paid over the phone to find out that they keep reversing my payments even though my payments have cleared my account. They keep telling me I’m late when I’M NOT! They have reported it to my credit and dropped my score 81 points! I’ve sent in proof of payment 4 different times!!! And they still “can’t find a payment.” THE PROOF IS IN FRONT OF THEIR FACE!!! When I try to explain my issues to a rep they don’t want to hear it and will not listen!! I’ve talked to supervisors, and they are just as bad!!! I AM BEYOND LIVID! DO NOT USE THEM. THEY ARE CROOKS!!!

Jessica, Lexington, SC

Cenlar 1 Star Review:

I too am wondering how in the world this company is still in business and how the employees can sleep at night! About 3 years ago we had to go through a modification on our loan. I did everything I was told and was quoted a figure for a new monthly payment. For the next FOUR MONTHS. I made my payment on time. Then in August I get a letter of foreclosure! I called and was told the payment I had made each month was too low and I was getting further and further behind each month. All four months not one time did anyone who took my let me know this! I found out the imbecile who did my modification was no longer employed there. Had been fired. I told them I was quoted a too low payment by this person but it didn’t matter.

Kay, Watertown, OH

Don't Be A 1 Star Review

 

Don't Be A 1 Star Review

 

Cenlar 1 Star Review:

After taking more than a year to complete my loan modification, I am still 2 months in default. During this time, CENLAR sent me final modification papers 3 separate times over 6 months before getting the figures correct. They never communicated with me regarding why there was such a long delay. Somehow after off the delay and after they calculated all the trial payments, I am still 2 months behind. HELP! After constantly calling them, they have no solution for this. They are now sending pre-foreclosure notices once again.

Marion, New York, NY

1 Star Situations Happen Every Day

 

ACG 5 Star Review:

Tried modifying my mortgage loan on my own, twice actually, but no luck. Until I called ACG. [I] got my loan mod approved and all is well.

Michael, Woodland Hills, CA

ACG 5 Star Review:

We were struggling trying to get assistance in keeping our home for over a year when I was introduced to ACG Today both my homes are modified and our family has a chance for a fresh start.

Patricia, Porter Ranch, CA

ACG 5 Star Review:

I have worked with [the] team personally and professionally referring them many clients over the past few years. If you need help with a loan modification, short sale, or want to avoid foreclosure I highly suggest you use Absolute Consultant Group!

Daniel, Santa Clarita, CA

You Know You can't Chance Being A 1 Star Review.

ACG Specialist Here To Help Your Cenlar Mortgage.

You Know You can't Chance Being A 1 Star Review.

ACG Specialist Here To Help Your Cenlar Mortgage.

Cenlar Short Sale News

Cenlar FSB Foreclosure Process

**We are not affiliated with any mortgage servicer, the investor/beneficiary of your mortgage note, the mortgage insurer (if applicable) or any government agency. The information found on this page is for educational and convenience purposes only. The information...

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Cenlar FSB Deed In Lieu Of Foreclosure

**We are not affiliated with any mortgage servicer, the investor/beneficiary of your mortgage note, the mortgage insurer (if applicable) or any government agency. The information found on this page is for educational and convenience purposes only. The information...

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Cenlar FSB Loan Modification RMA Form Application Package

**We are not affiliated with any mortgage servicer, the investor/beneficiary of your mortgage note, the mortgage insurer (if applicable) or any government agency. The information found on this page is for educational and convenience purposes only. The information...

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