Information Disclaimer: Not Your Loan Servicer (Read More)

**We are not affiliated with any mortgage servicer, the investor/beneficiary of your mortgage note, the mortgage insurer (if applicable) or any government agency. We are a homeowner advocacy group with more than a decade of helping homeowners and professionals with mortgage assistance negotiations. 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 If you feel that any of this information has become outdated or is incorrect please contact us immediately.**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 Loan Modification RMA Form Application Package

Loan Modification RMA PDF

Start with a Request for Mortgage Assistance (RMA). Download Forms Here.

Next Loan Mod Steps

What are the loan mod steps. A Road Map For Success!

Other Mortgage Programs

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

Get Cenlar FSB Home Forms

Take the first step to getting started on your loan modification. 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.

Why Deal With Cenlar Yourself?!

Work With Cenlar Experts.

?Still Dealing With Cenlar FSB Home Yourself?!?

Cenlar Experts Here To Help.
Cenlar Federal Savings Bank RMA Loan Modification Package Forms

Limited Time Offer Coupon!

FREE  Custom Cenlar FSB Home Strategy Session With A Cenlar FSB Home Experienced Team Member.
Cenlar Federal Savings Bank RMA Loan Modification Package Forms

Limited Time Offer Coupon!

FREE  Custom Cenlar FSB Home Strategy Session With A Cenlar FSB Home Experienced Team Member.

Step 1: Fill Out Cenlar FSB Home Loan Modification Package

Find out why no one knows more than we do.

What is an Cenlar FSB Home Loan Modificaiton Package?

Cenlar FSB Home Loan Modification Request For Mortgage Assistance (RMA)

Applying for a loan modification with Cenlar FSB Home the first requirement you have to fulfill will be completing and submitting Cenlar FSB Home Request for Mortgage Assistance (RMA). It is must that the paperwork that you use must be the latest. It will be very helpful if you consult with a professional or your lender before submitting the paperwork. There are many professionals you can work with to get help but finding the right ones is crucial so that the process goes on smoothly. That’s why we put the latest paperwork we could find online; to help you. That is what we do as we are a company working to help our customers with Mortgage relief.  Click here to request a call from a loan mod pro or call 888-934-3444. 

What is the Cenlar hardship affidavit?

Cenlar Hardship Letter

Cenlar FSB Home has a Hardship letter affidavit built into their application which states your hardships,

Pro Tip: When reviewing you for a modification approval Cenlar looks for your original reason for defaulting or RFD. If the RFD has not been cured (hardship) has not been resolved in many cases the will not be able to help.
EXAMPLE: A RFD like loss of income must be resolved by replacing that income. One of typical thing they will want to know is if you are making more or less income. What comes next varies from case to case based on the mortgage assistance options that are available.

Real Estate Mortgage Loan Modification Definition

What is a loan modification?

First let us explain what Mortgage Loan Modification is not. Loan Modification is not the same thing as a refinance. When you want to get a second loan to pay off your first loan it will be called as Refinance. While doing Loan Modification you cannot combine loans that are first mortgage or second mortgage. In a loan Modification we do exactly what it looks like. We will work with you and your lender to get the terms of the loan modified.

What terms can I change on my mortgage with a loan modification?

Thinking out of box is not something Banking industry does. This is the reason that the things you can get modified for you mortgage are very limited.

Interest Rate Modification

The request which we get the most is that people want to change the interest rate. The mortgage servicer will push to reach affordability to it will be based on your income.

Loan Term Adjustment Mod

The total life of the loan can also be adjusted but this will not work in the same way as they have been seen adding payments to the back of the loan. You cannot get the loan extended for the period of your missed payments. The company will extend the loan back to its original length of 30 years in most of the cases. We have seen as much as 50 years, but as 30 years is the norm, any extension beyond is generally no more than 40. Beneficiary of the note and the limitations they set completely control this.

Principal Capitalization and Principal Reduction Modification

The lender will take the payment that you are behind on which is called as Principle Capitalization which will include any past due payment, interest, and fees later adding them to the outstanding balance of what is owed. In rare cases that are generally dictated by the amount of perceived equity in the home (or lack there of) the investor on the loan may be willing to take a reduction on the principal owed

Step 2: Submit Loan Modification Package To Cenlar FSB Home

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

Cenlar FSB Home Loan Modification Submittal

Getting Your Forms Submitted To Cenlar To Get The Process Going. What is in the Cenlar Loan Modification Package?

This is not limited only to Cenlar and all the lenders have the usual document requirements. You will have to provide your financial information to you servicer 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 loan modification, and a hardship letter.

Pro Tip: Working with our professionals should allow you to be able to pick out the documents your servicer Cenlar FSB Home will need. When your mortgage company requests items after they’ve started their modification review process they passed over sending your file to the next stage.

Step 3: Cenlar Loan Modification Broker's Price Opinion (BPO) or Appraisal


Cenlar Loan Modification Value

Getting The Right Value Goes A Long Way.

The lender will want to balance out all the options available to the homeowner while doing the Loan Modification. One option available for lender will be to check if the value is acceptable. There are many ways to do a valuation including some ways in which the value is obtained online. In some cases a value is completed by a real estate agent, In this type, the broker compares the properties in the area. In some of the cases the broker may want access to the home to do an interior valuation. In some cases only a drive by is enough. The person making the valuation will compare properties that are currently listed and which have been sold recently doesn’t matter which type of valuation they are doing. 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.

Cenlar FSB Home Loan Modification Appraisal

Loan Modification Appraisal Values

The investor which Cenlar is representing will require a valuation in some cases. In this case the lender will do a valuation based on a computer also known as an Automated Valuation Module (AVM). The cases in which the investor will hire a broker to do a valuation are very rare due to the costs. The cases in which the investor hires and appraiser are even rarer. The homeowner may be required to pay upfront fees in some of the cases for these services.

Pro Tip: AVMs are not accurate. They can often show a skewed view on what your property is worth. Want to get a property valuation? Contact us for a Property Valuation.

Cenlar FSB Home Value Disputes and Variances

Filing Value Disputes and Variances

Mistakes happen and it doesn’t matter if a person is a professional or a layman and the value may returns too high or too low, you may have to deal with a value dispute. Depending on who the investor is or if it’s insured there may be different processes for filing disputes with Cenlar FSB Home or another managing entity.

Pro Tip: Equity is not always your friend. If you have equity your lender may not work with you because they would rather you sell your home and pay off your loan or refinance. If you don’t have enough equity then they may feel that this will not be a good investment for them so they may also decline you. Speak to one of our Loan Modification specialist for a free no oblication review by calling 888-934-3444.

Step 4: Net Present Value (NPV)


NPV and how does it work?

Cenlar’s Net Present Value or NPV Process and Analysis.

At this time after the value has returned the lender will make a decision as to your qualification for the Loan Modification. 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.

Pro Tip: Check Your Numbers! Reviewing the NPV is crucial to understanding whether the offer made to you is accurate. We regularly see servicers misinterpret the information submitted to them. Understand how your loan modification underwriter may think is important. Call us for a free consultation at 888-934-3444.

NPV Decline

Cenlar NPV Counters

NPV stands for Net Present Value. NPV is an algorithm that the investor uses to get the value for their money. This is also not a stable value. It changes from day to day. In an NPV the investor will look at two seperate homeowners and see where they can make more money. The lender will have to see whether taking the amount owed and increasing the account balance is worth it or not as the client is already behind on the payments. Homeowners have to know that when the numbers don’t add up for the investor that is when they are most likely to get declined.

Modificaiton Decline Appeal

Cenlar NPV Counters

Countering the NPV decline is easy you will only have to look at the parts that don’t make sense and attack those parts. Look at each point and try to figure out what the feasible output should be. The most typical are incorrect income figures but it could go beyond that to things like the property’s perceived value and even in some cases the consumers credit report.

Pro Tip: If there is a time to appeal a loan modification decline it’s now. This is the time to analyze everything you know from their review. Make sure that you have all your proof straight because you might only get once chance at a decline appeal.

Step 5: Loan Modification Approval


Trial Payment Plan

Three Payment Plan

In some cases you will be put on the trial payment plan for three months if you get approved for loan modification from Cenlar. You will not know what the finalized terms will be that they are offering you but the final payment should be inline with what you will be paying for the mortgage at least at the onset of the new plan.

Finalized Loan Modification

Cenlar FSB Home Modification Complete

Before the completion of the Loan Modification process there is a finalization process. If you have been placed on trial payment plan then the finalized loan documents will be sent out somewhere between second and third payment. They usually come with a prepaid package to return the documents to the lender. Once the documents are returned and the loan modification goes through the final audits with underwriting the master loan documents are amended to show the new terms of the loan.

Pro Tip: If you go through the trial plan payments and do not get a modification implemented you may have legal rights. Need a legal consultation? Contact us to be connected to an attorney or call 888-934-3444.

We've Been Dealing With Cenlar FSB Home For Over A Decade!

Click To Be Connected To A Pro Near You.

?Don't Get Lost In Cenlar FSB Home's Web!?

Click To Be Connected To A Pro Near You.

How Does ACG Get Paid?

ACG can work directly with your lender to streamline and speed up the process. We do not charge any upfront fee and we will charge you only when the modification is successful and if you are approved for modification first but in the end are declined we will still not charge you anything. Call for details 888-934-3444.

Understanding The Cenlar FSB Home Loan Modification Status

If you have dealt with Cenlar FSB Home before you will have noticed that they are very hard to deal with and the paperwork is also not easy. Cenlar have not done anything to show that they are serious in making the process any simple for its consumers but you do not have to worry as ACG is here to help you in getting the Loan Modification from your servicer that you and your family deserve.

Cenlar FSB Home Help For Consumers

Acg is a company which has a great team to help you with mortgage relief services from Cenlar FSB Home. We will be your only contacting point and you will not have to deal with Cenlar FSB Home for anything. Working with us will get your process going a lot faster and easier.

Call Us 888-934-3444 Today.

Cenlar FSB Home Loan Modification Breakdown

What is the Cenlar FSB Home Loan Modification Package?

In cases you want to get a Loan Modification on any loan serviced by Cenlar FSB Home you will have to submit a package called Request for Mortgage Assistance (RMA) package first. You should always take care to submit the latest paperwork depending on who your investor is; Before submitting the package it will be much helpful if you consult with Cenlar FSB Home or a professional. We have put the latest paperwork that we found on the website. ACG helps homeowners with their Cenlar FSB Home Loan Modification process.

There are 6 Sections to the standard Cenlar FSB Home Loan Modification Package.

Need Assistance With A Cenlar FSB Home?


Need Assistance With A Cenlar FSB Home?


Cenlar FSB Home Loan Modification RMA Package PDF Breakdown:

Hardship Affidavit Application Check List

  1. Borrower Information In this section you have to put all the details of the borrower and Co Borrower.
  2. Property Information You have to explain the address, mailing address and current status of property in this section.
  3. Hardship Information  In this section you are required to put type of hardship and its reasoning.
  4. Borrower income In this section you are required to fill out borrower income type and amount
  5. Current borrower Assets In this section you have to write down the assets of borrower such as cash on hand, account money etc,
  6. Borrower certification and agreement In this section you have to certify that all of the information in Mortgage Assistance Application is truthful and hardship identified has contributed to submission of this request for mortgage assistance.


Cenlar FSB Home Is Difficult. Don't Go It Alone. Professionals Standing By.


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.

[et_bloom_inline optin_id="optin_2"]