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 If you feel that any of this information has become outdated or is incorrect please contact us immediately.**

Ocwen Deed In Lieu Application, Forms And Packages

Deed In Lieu Package PDF

Take the first step to getting started on your deed in lieu. Download Forms Here.

Next Steps

Find out what’s next. Make sure you cross every ‘T’ and dot every ‘I’.  No Mistakes!

Other Mortgage Programs

It may not be too late to try other options. We can review what’s out there.

Get Ocwen Froms

Take the first step to getting started on your deed in lieu. Download Forms Here.

Next Steps

Find out what’s next. Make sure you cross every ‘T’ and dot every ‘I’.  No Mistakes!

Other Mortgage Programs

It may not be too late to try other options. We can review what’s out there.

Are You Still Dealing With Ocwen By Yourself?!

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Ocwen RMA Loan Modification Package Forms

Limited Time Offer Coupon!

FREE  Custom Ocwen Strategy Session With An Ocwen Experienced Team Member.
Ocwen RMA Loan Modification Package Forms

Limited Time Offer Coupon!

FREE  Custom Ocwen Strategy Session With An Ocwen Experienced Team Member.

Step 1: Fill Out Ocwen Deed In Lieu Package

Find out why no one knows more than we do.

What is an Ocwen Deed In Lieu Package?

Ocwen Deed in Lieu of Foreclosure Request For Mortgage Assistance (RMA)

Ocwen Loan Servicing requires that doing an Ocwen Deed In Lieu Application Form or Request For Mortgage Assistance (what is commonly referred to as the Ocwen RMA). This document must be completed correctly in order to complete the first step towards getting to deed your home back to the beneficiary. You should try to use the most recent paperwork available. Prior to using any applications you should check with us, with another an expert or your Ocwen single point of contact because not only does Ocwen have their own package but their investor might require specific documentation as well. There are few professionals that you can call on that really specialize in the dealing with Ocwen and their deed in lieu of foreclosure process. Finding the right expert to work with is crucial because you should be able to avoid many of the foreseeable pitfalls that comes with the application of deed in lieu process. That’s why we put the latest paperwork we could find online to help you get a leg up. Helping you through the process is what we do. Click here and fill out the form to request a call from a deed in lieu professional or call 888-934-3444.

What is the Ocwen Hardship Affidavit?

Ocwen Hardship Letter

Ocwen has a hardship statement built into their mortgage assistance application,

Pro Tip: Ocwen, when reviewing your application to deed the property back to them, may require you to attempt to sell the home first. This used to be a requirement but has been more flexible over the recent years.

What Is A Deed In Lieu of Foreclosure?

Deed In Lieu of Foreclosure Definition

A deed in lieu of foreclosure is when a homeowner looks to deed their property back to their lender either because they don’t want to go through the hassle of selling the home or because they have tried and have not been able to do so. 

Step 2: Submit Ocwen Deed in Lieu Package

Thoroughly review your documents. The wrong information can hurt you!

Ocwen Short Sale Submittal

Submiting Your Short Sale Package to Ocwen To Get The Process Going.

What is in the Ocwen Short Sale Package?

All lenders, including Ocwen, generally require the same documents. They require a listing agreement, a purchase agreement, proof of the buyer’s ability to perform such as proof of funds or a prequalification letter from the buyer’s lender. That’s only the beginning.

As a short sale seller they require you provide your financial information such as a monthly budget, your tax returns for the last two years along with a 4506t to show the returns were actually filed, pay stubs or proof of income like a profit and loss, bank statements, reason for requiring to do a short sale, and a hardship letter.

Pro Tip: In most cases working with a skilled team such as ours should be able to pick out the items that will most likely be asked of by your lender. If your lender has to request items it’s likely they passed over your short sale when it could have been reviewed.

Step 4: Ocwen Short Sale Broker's Price Opinion (BPO) or Appraisal


Ocwen Short Sale Value

Getting The Right Value Goes A Long Way.

The only way a short sale lender like Ocwen Loan Servicing LLC knows if your offer to them is acceptable is by completing a value. The value in most cases is completed by a real estate agent who reviews the comparables in the area. They review the properties that are currently listed but more importantly they review the properties that are sold generally within the last 3 to 6 months. They consider the homes perceived condition, the size of the living space, the size of the lot, how many stories it has and whether or not it has a pool.

They will also consider market conditions and how fast homes are selling in the area. There are many factors they take into consideration.

Ocwen Short Sale Appraisal

Short Sale Appraisal Values

The mortgage investor that Ocwen is representing is already taking a loss so in most cases they will hire a local agent or broker to do a value referred to as a BPO or Broker’s Price Opinion. In certain cases though the investor requires a deeper review to be completed by an appraiser. Appraisers have specific licenses that are for valuing properties. Some investors such as Fannie Mae (FNMA) complete two appraisals. The type of value completed varies from lender to lender and investor to investor.

Ocwen Value Disputes and Variances

Filing Value Disputes and Variances

What happens when a value returns too high? This happens all too often to rookies and experts alike. As much as your try to meet with the BPO Agent or the Appraiser and provide them information that they may use in their report often they are not from the area and compare properties that don’t have anything in common with the subject property.

Pro Tip: Short Sale Variance is an opportunity to apply for a short sale servicer such as Ocwen to vary from their typical practices. Often values are good from the day they are completed for 90 days; Sometimes longer.

Step 5: Finalize Short Sale Terms


How Long Does An Ocwen Short Sale Take

Ocwen’s Short Sale Time Line Coming To An End.

Once the value has returned and they have a complete package this is where Ocwen’s short sale negotiator or underwriter will make a decision if you meet the minimum criteria to be submitted to management or the investor for approval. Usually there is an auditing process before the submission to management and if approved there is often another auditing process the occurs before an approval letter is issued.

Ocwen Short Sale Counters

Ocwen Counters Short Sale

This is also the time when Ocwen may issue a counter or a decline to your short sale offer. Combatting either one of these takes a special set of skills that can only be gained through experience. Anyone can get the easy ones done but it’s the difficult transactions that seperates that experts from the wannabees.

Step 6: Closing A Short Sale


Short Sale Escrow

Short Sale Escrow.

Closing a short sale is not unlike closing a typical real estate transaction. Once all lien holders have approved the terms of the short sale you can move forward with the typical escrow process. By now a title search should have been complete to ensure all parties with interest in the property have been addressed.

Short Sale Extensions

Ocwen Issues Short Sale Extension

What happens if we aren’t able to close the short sale in time and the approval letter expires? This is a question we get all the time and there isn’t a simple answer. It depends on delinquency of the mortgage, whether the value they have expired, and many other details. Consult one of our professionals if you need more time to see what we are able to get approved with Ocwen’s Management. Results may vary greatly but the best part of our services is we only get paid if the transaction successfully closes (we are gernerally paid from the real estate comissions awarded to the agents involved and paid out of Ocwen’s net).

Pro Tip: Week one. Strike that. Within a few days of having all the approvals in line you should be able to tell whether or not this buyer is going to really perform. The right professionals apply pressure to all the parties involved to ensure the transaction gets done!

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How Does ACG Get Paid?

Absolute Consultant Group (ACG) work with you and a local real estate agent to get your property sold. We get paid directly by Ocwen through the escrow at closing. If the transaction doesn’t close we don’t get paid anything. We generally are compensated from the comissions awarded to the real estate brokers involved. This service generally costs the seller nothing out of pocket. Call for details 888-934-3444.

Understanding The Ocwen Short Sale Status

As you may already be aware from the Ocwen Short Sale Package it is a lengthy document. Ocwen Loan Servicing LLC hasn’t simplified the process to make it easy but that’s why ACG is here to offer you to  assist with your application for the short sale process to get mortgage assistance from your servicer. Ocwen Corporation, opperating out of Palm Beach Florida. outsources a very large part of the process and often that leaves you talking to someone overseas.

Assistance For Ocwen In America

Based here in the United States ACG becomes your single point of contact for all of your Ocwen challenges. You will no longer have to deal Ocwen’s loan servicing department in India. With us you get someone here in the states to work with you and your Ocwen Mortgage on your Home. When you work with Absolute Consultant Group for all your Mortgage Assistance needs we become your one stop shop for completing your Ocwen short sale process from start to finish.

Call Us 888-934-3444 Today.

Ocwen Short Sale Package Breakdown

What is the Ocwen Short Sale Package?
Ocwen Mortgage requires an Ocwen Short Sale Package known as the Ocwen Request for Mortgage Assistance (Ocwen RMA). It’s important to always use the most up to date paperwork when applying; Always check with a professional. The paperwork we last found was put up on the Absolute Consultant Group(ACG) Website. ACG helps homeowners with their Ocwen Mortgage Loan Modification process.

There are 19 Sections to the standard Ocwen Loan Modification Package and totaling about 20 pages.

Need Assistance With An Ocwen Morgage?


Need Assistance With An Ocwen Morgage?


Short Sale RMA Package PDF Breakdown:

Hardship Affidavit Application Check List

  1. Section 1  RMA- Statement Of Intent
  2. Section 2 Request for Mortgage Assistance- Borrower Information Form
  3. Section 3 Ocwen Package – Property Information Form
    1. Section 3A Loan Modification Package – If you do not occupy the property information.
  4. Section 4 Mortgage Package  – Ocwen Occupancy and Rental Information Form
  5. Section 5 Ocwen Loan Modification – Other Properties Owned
  6. Section 6 Ocwen Application – Household Assets and Expenses Form
  7.  Section 7 Loan Modification Application – Ocwen Monthly Income form
  8.  Section 8 Ocwen Mortgage Form – Income Documentation Required
  9. Section 9 RMA Ocwen com – Self Employment Borrower Profit and Loss Form
  10. Section 10 Mortgage Assistance – IRS Form – 4506t-EZ
  11. Section 11 Ocwen Loan Servicing, LLC – Hardship Statement Affidavit
  12. Section 12 Loan Modification – Non-Borrower Consent Form
  13. Section 13 Mortgage Assistance – Consent For Release of Information Form
    1. Ocwen Third-Party Authorization Form
  14. Section 14 Loan Servicing – Borrower Acknowledgement And Agreement
  15.  Section 15 MHA – Making Homes Affordable – Homeowner’s Hotline
  16. Section 16 Department of the Treasury – Beware of Foreclosure Rescue Scams. Help is Free
  17. Section 17 Ocwen Loan Modification – Frequently Asked Questions FAQ
  18. Section 18 Ocwen Mortgage Assistance – Information about deed-in-lieu of foreclosure.
  19. Section 19 Ocwen Foreclosure Alternatives – Information About Ocwen Short Sales

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Disclaimer: Using The Wrong Form May Lead To A Denial

We provide mortgage servicers mortgage assistance package, forms, and applications to for educational purposes only. This is a sample document used to obtain mortgage assistance relief workout programs with your mortgage servicer. Prior to completing the form contact your (your client's) Mortgage's servicing department OR one of our professionals at 888-934-3444 to make sure they are sending the right loan modification or short sale package. Your home loan servicer, whether dealing with a Home Loan Modification or Short Sale (mortgage settlement, short pay off or discounted payoff) RMA Package offered on this website may not be the correct package depending on your investor. By downloading this RMA (Request for Mortgage Assistance) from our website does not guarantee loan modification assistance or any other mortgage relief programs to try to avoid foreclosure through mortgage servicer, its agents, employees, affiliates or subsidiaries. Prior to the use of any documents you should consult an attorney.