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 If you feel that any of this information has become outdated or is incorrect please contact us immediately.**

CitiMortgage Deed In Lieu Of Foreclosure

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CitiMortgage RMA Deed In Lieu of Foreclosure Package

Mortgage Assistance Form.

Deed In Lieu Decline

CitiMortgage Deed In Lieu Application Denied?

CitiMortgage loan Mortgage DIL Process

How does a deed in lieu work? Learn.

CitiMortgage Deed In Lieu Negotiators. We're On Top.

 

CitiMortgage Deed In Lieu of Foreclosure Process

If CitiMortgage is servicing your loan then we at ACG will make sure that our customers go through the process of Deed In Lieu Foreclosure that is simple and standard and similar to other Banks:

  1. First of all, a person from our team will call to speak to you loan counselor at CitiMortgage, Sometimes we will have to follow up after placing an appointment but once we speak to them the Deed in Lieu Foreclosure Process will start.
  2. You will also need a paperwork called CitiMortgage Request for Mortgage Assistance (RMA).
  3. In some of the cases you may have to undergo a Loan Modification review before being selected for consideration in DIL Process.
  4. Before taking on the liability of owning the property they may require that you sell the property first to somebody else and deed it to them.
  5. You will have to get your property title checked as the next step of the process.
  6. The investor will want CitiMortgage to complete a valuation of the property and some investors may require two valuations
  7. Next, we will have to negotiate terms with CitiMortgage about relocation terms and time frames.
  8. As the last step of the process the lender i.e: CitiMortgagee will make an answer to your application of Deed in Lieu Foreclosure made to them.

Going through the checklist above is never as easy as it sounds and if you have dealt with CitiMortgage in the past you may have noticed that too. It is always felt like something will show up and there will always be some difficulties to be faced when you are working with them. But having said this you don’t have to worry about anything as ACG is here to help to streamline the process with your lender and we have over a decade of experience in this. When you are dealing with Deed in Lieu Foreclosure negotiators it is conventional that you will have to repeat certain steps of the process. With experience of more than a decade we know that we will have to run around from department to department getting your problems solved. Maybe it happens that you have been trying to get Loan Modification from them and they need to close that out or review your application. Maybe they want you to sell your home first so the short sale department has your file. We are here to do all the running around for you. Most important of all it is important that you figure it out when they are sending you in the wrong direction. Often 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 CitiMortgage.

CitiMortgage Deed In Lieu Timeline

Similar to any other bank CitiMortgage Deed In Lieu Timeline is also not specific. Sometimes what is going on behind the curtains is clear but this is not always the case. These are just a few of the hoops we jump through when dealing with a deed in lieu with CitiMortgage.

  • To begin with, citimortgage is only working for a lender to service the loans because CitiMortgage is only a servicer of the loans. That’s why CitiMortgage has to work according to the set of rules that are called “PSA” or Pooling and Servicing Agreement that governs the pools of mortgages they service. It is like a contract between servicer and beneficiary of the mortgage note. Due to these rules, it is not always possible for CitiMortgage to make all the decisions themselves and for the decisions that they are not allowed 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 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, the timeline of the deed in lieu is affected by whether or not your CitiMortgage Loan has a foreclosure sale date. CitiMortgage is tough when it comes to homes in foreclosure and stopping the sale date for a CitiMortgage Deed In Lieu to be completed. CitiMortgage has homes being sold at auction every business day. Sale dates even for the coming week are not working with urgency. 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 were created equally. This goes for both sides which is what makes the process so tricky. In case of miscommunication, you will be headed for certain failure. It is a specialized skill of understanding this niche of representing homeowners in front of CitiMortgage for Deed In Lieu of Foreclosure Application. 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.

CitiMortgage Deed In Lieu Timeline Conclusion: The timeline for CitiMortgage Deed in Lieu of Foreclosure does not only depends on the factors mentioned above but various more factors too. The decisions that CitiMortgage can make themselves will be quicker as compared to the decisions for which they have to get approval. Some other factors also affect it such as what is the value they perceived. If you have other liens this is also likely to limit your ability to complete a deed in lieu. How fast CitiMortgage’s Loss Mitigation department receives the CitiMortgage 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 CitiMortgage Deed In Lieu application will take to be Approved.

If Your CitiMortgage Loan Deed In Lieu of Foreclosure Was Denied There May Still Be Options.

 

How To Fix A CitiMortgage Deed In Lieu Decline?

It can be often difficult to understand as to why your Deed In Lieu of Foreclosure application was denied. The reasons we have seen go back to as the miscommunication is important. They will not often tell you clearly why it happened or even if anything can be done to fix it. Here at ACG we review dozens of points in order to understand why your CitiMortgage deed in lieu offer was rejected. Have us review your declined deed in lieu for free by calling us at 888-934-3444.

CitiMortgage Deed In Lieu Reviews

CitiMortgage Deed In Lieu Complaints

CitiMortgage 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.

CitiMortgage 1 Star Review:

Horrible experience when our note came due. Was treated like a child from incompetent rude people. Made me jump thru hoops to gather tons of info just to be jerks and unsympathetic to my situation. We were always on time for payments. My husband lost his job and I became a caregiver for my parents. They rudely told me to get out and get a job and do a short sale on my home. All we wanted was a temporary reduction in our 2715.00 monthly payment to get on our feet. Made us feel like we were idiots! They have no compassion for anyone and didn’t even try to help in any way. The most horrible act that committed was all the time and calls they made me go thru before totally rejecting any help for us.

Michelle, Glenn Ellyne, IL

CitiMortgage 1 Star Review:

We have had a house on a short sale in NM due the crash in the housing market out there. Well, the first buyer hung on for two months, but Citibank could not somehow come up with the Lien Release that they should have acquired when they took the loan over. Then our second buyer waited for ONE YEAR and still, Citi never got the required lien release stating they were having trouble locating the document and got their legal dept involved.

After the second buyer dropped the sale, which I could not blame them, the third buyer signed on for 45 days only. I called the title company that should have had the lien release, I secured it within 5 minutes sent the copy to CitiMortgage AND their attorneys and STILL the sale did not go through and we lost our third buyer.

Lynn, Gainesville, FL

Don't Be A 1 Star Review

 

Don't Be A 1 Star Review

 

CitiMortgage 1 Star Review:

My mom has spent almost 3 years trying to get loan modified after the death of my father. She had to undergo repetitive processes of submitting paperwork only to be told to submit to different department. They secretly tried to begin foreclosure after my mom went through the bankruptcy process, but was interrupted when we hired an attorney. Even with legal assistance, they are stalling and has sent her account to a debt collection company. I am confident that if they’ve done this to us, they have done this to others.

Michelle, Michelle, FL

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 Can't Chance Being A 1 Star Review.

ACG Specialist Here To Help Your CitiMortgage.

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

ACG Specialist Here To Help Your CitiMortgage.

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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. We are a homeowner advocacy group with more than a decade of helping homeowners and professionals with...

read more