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**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 If you feel that any of this information has become outdated or is incorrect please contact us immediately.**

Home Point Financial Deed In Lieu Of Foreclosure

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Home Point RMA Deed In Lieu of Foreclosure Package

Mortgage Assistance Form.

Deed In Lieu Decline

Home Point Deed In Lieu Application Denied?

Home Point Loan Mortgage DIL Process

How does a deed in lieu work? Learn.

Home Point Deed In Lieu Negotiators. We're On Top.

 

Home Point Financial Deed In Lieu of Foreclosure Process

If you going to applying for Deed In Lieu Foreclosure process on a loan serviced by home Point Financial then we at ACG will work our best to ensure that our customers go through a process that is simple and standard as for other companies:

  1. A member of our team will have to call your loan counselor at Home Point Financial and sometimes we have to call again after placing an appointment but once we have spoken the process will be initiated.
  2. Paperwork called Request for Mortgage Assistance is also mandatory for the application.
  3. Before they start the DIL Process you may first have to go through a review for Loan Modification.
  4. Home Point Financial may prefer that you sell your property first to someone else before transferring the deed to them to prevent themselves the liability of owning the property.
  5. In next step, the title of your property will have to be checked.
  6. Home Point Financial will have to do a valuation on your property on behalf of the investor.
  7.  In next step, Home Point and Our team will negotiate terms of relocation and time frames.
  8. Lastly, your lender provides a response to the deed in lieu of foreclosure made to them.

Unfortunately, it is not easy to deal with all the steps mentioned above and you may have realized it too if you have ever dealt with Home Point. During the process, you will have to face many difficulties but you have nothing to worry about as ACG has a specialized team having experience of more than a decade to help our customers facing Mortgage related difficulties. It is good for you to know that we will have to run around from department to department. It could be that you have been trying to get a Loan Modification from them for a long time and they still need to close the file or review it first. Maybe they want you to sell the house first so the short sale department has your file. We are here to do everything for you and most importantly you should be able to understand when they are sending you in the wrong direction. Mostly, clients come to us after submitting the wrong information on their deed in lieu application, getting denied, and not being able to figure out what happened. We can help you through the process of doing a deed in lieu of foreclosure even if that means reviewing a decline made by Home Point.

Home Point Loan Deed In Lieu Timeline

Home Point is a big company so the timeline of the Deed In Lieu Process varies greatly. Sometimes it is very vague that what is going on behind the scenes. These are just a few of the hoops we jump through when dealing with a deed in lieu of Home Point.

  • To begin with,  Companies like Home Point Financial are servicers of mortgage only and they have to abide by a set of rules while servicing any loan which is called as “PSA” or Pooling and Servicing Agreement that governs the pools of mortgages they service as they are only a servicer of Mortgage and usually represent an investor. The PSA is like a  contract between servicer and beneficiary of the mortgage note. The investor allows Home Point the authority to make some decisions only and for the decisions that they cannot make themselves they will 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 and take care of many of the decisions themselves. As always the greater the number of hands in the put the more layers of bureaucracy you’re going to deal with.
  • Additionally, if your loan has a sale date the timeline deed in lieu of foreclosure process is hugely affected. If the sale has to be stopped to complete the deed in lieu of foreclosure process then they become a lot difficult to deal with. A company like Home Point has sale dates for every day of the week so they are not worked on as urgently as you want them to. Remember this business is a first come first serve but it is also influenced by foreclosure status and proximity to the sale date.
  • Finally, All negotiators were not created equally. What makes the process tricky is that this goes for both sides. Miscommunication can lead to certain failure while dealing at this kind of large level. Representing a homeowner during the process of Deed in Lieu Of Foreclosure is a very specialized skill that can be learned through experience only. Often you will be put through the multiple levels of management including approval from an investor as mentioned above depending on what their total losses are for the banking institution who owns the interest in the loan.

Home Point Deed In Lieu Timeline Conclusion: There are many factors on which Home Point’s Deed In Lieu of Foreclosure process’s timeline depends. If it is possible for Home Point to make the decision themselves that will be much quicker. If you have other liens your limit to get Deed In Lieu will also be hugely limited. How fast Home Point’s Loss Mitigation department receives the Home Point Deed In Lieu Forms to apply for mortgage assistance are received (readable) and other factors will come together to affect how long it will take for your Home Point Deed In Lieu application will take to be Approved.

If Your Home Point Deed In Lieu of Foreclosure Was Denied There May Still Be Options.

 

How To Fix A Home Point Deed In Lieu Decline?

Miscommunication is the reason for the most of application to decline but it can often become very confusing as to why it was rejected. 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 Home Point deed in lieu offer was rejected. Have us review your declined deed in lieu for free by calling us at 888-934-3444.

Home Point Financial Contact Information

Home Point Financial Customers

Home Point Financial Complaints

Home Point Deed In Lieu Reviews

Home Point Deed In Lieu Complaints

Home Point Financial is a large company and the rules are literally changing every day. There are a lot of departments and even more hands in the pot of each case that making it through the system can be a real drag. It doesn’t have to be though and that’s where we come in. Give us a call and see how we can help you with your Deed In Lieu. Call 888-934-3444.

Home Point 1 Star Review:

This company bought Stonegate mortgage which was my lender. I had auto online payment since June 2014. Once they took over, they stopped my auto payment without noticing me. Now I am not allowed to pay online, neither auto pay. I requested a payoff statement at least 10 times including email and priority mail requests. For 40 days past I never got the payoff statement. You know why? Because my rate is 4.5%. Everytime I called, I was told I would get one tomorrow. But I never did. Something is wrong with this company. If you are looking for a mortgage company, I suggest you to find a good one, not this junk company. Shaulyn Z., Saint Louis, MO

Home Point 1 Star Review:

This company is a JOKE! They just bought my previous mortgage company and of course they’ve made it nearly impossible for a seamless process during the transition. As most people in 2017, my bills are paid online. Home Point in their infinite wisdom decided to give everyone new account numbers and mess up the auto bill payment for folks’ mortgages with their respected financial institutions. When I called them to tell them my credit union had to manually mail them a check (because of this crappy merger) they basically informed me that wasn’t their problem and a late fee would be assessed accordingly, if not received by the middle of the month! They are LOUSY LOUSY with customer service and a so-called “broker” for mortgages. J.T, Montgommery Village, MD

Don't Be A 1 Star Review

 

Don't Be A 1 Star Review

 

Home Point 1 Star Review:

My husband and I have been trying to get a modification since 2011…. in 2014 we had to file for bankruptcy. Our bankruptcy was dismissed because ASC wouldn’t modify our payment which made our plan presented to the judge not feasible. All of us posting on here should get together and file a class action lawsuit. Anyone think this can be done. If so, we’re in!! P.R, Exton, PA

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 Home Point Mortgage.

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

ACG Specialist Here To Help Your Home Point Mortgage.

Home Point Deed in lieu News

Home Point Financial 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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