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 If you feel that any of this information has become outdated or is incorrect please contact us immediately.**

Planet Home Lending, LLC Short Sale

Planet RMA Short Sale Package

Mortgage Assistance Form.

Planet Short Sale

Planet Short Sale Process

Planet Mortgage Short Sale Negotiators. We're On Top.

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Planet Financial Short Sale Process

Sometimes your investor will require of you to submit application for Planet Home Lending Modification but once you have been denied the process is simple:

  1. To initiate the Planet short sale process our agent will place a call to Planet and speak to their councellor to start the short sale process.
  2. Planet Request for Mortgage Assistance form will have to be submitted.
  3. A broker’s price opinion will have to be scheduled and completed (Certain Investors Require Two Interior Inspections)
  4. Negotiate Numbers For Purchase Price And Closing Costs With Planet Home Lending About Short Sale Fees And Costs To Be Paid Out Of The Seller’s Proceeds.
  5. Lender (Planet) Provides A Response To Short Sale Offer Made.

The short sale process with Planet Home Lending is never easy. When applying for mortgage asisstance it feels like there is always something that comes up. Repeating the same steps over and over again is typical while dealing with short sale negotiators. It’s part of the process to know that we will have to run around from department to department at Planet Home Loan. The Loan Modifiation Department maybe needs to close it out, or the short sale department doesn’t have someone assigned to Planet Mortgage 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.

Planet Home Lending Short Sale Timeline


Dealing with what effects a Planet Short Sale timeline’s and knowing that they vary on some very basic and other not so basic elements can really help with the process. These are just a few of the hoops we jump through when dealing with a short sale.


  • For one, Planet Home Lending functions only as a servicer of mortgage notes. Planet Short Sale Application is generally only a piece of what governs Planet’s mortgage servicing as they have to abide by the PSA or Pooling and Servicing Agreement that sets the rules for each and every loan; This contract is directly between servicer and investor. Planet is not always allowed to make all the decisions themselve. for decisions that they are not allowed to make themselves they have to get aproval from the investor. Some investors such as Fannie Mae (FNMA) and Freddie Mac (FHLMC) have pulled almost all decision making authority from many servicers. The more layers of burueacracy you’re going to deal with the longer it’s going to take.
  • Additionally, The thing which effects your Planet short sale timeline is whether or not you have a sale date.  When it comes to stopping a sale date so Planet short sale can be completed, Planet Home Lending can be tough to deal with. Your chances of getting bumped up improve if you can get a value completed. As a loan servicer they have homes being sold at auction every day. Sale dates even for the coming week are not worked with ugency you would expect. As a first come first serve business model it can also be influenced by foreclosure status and proximity to the upcoming sale date (if applicable).
  • Finally, not all negotiators were created equat; This goes for both sides. Often miscomunication is the number one reason while a short sale fails. People become very specialized in this niche of representing homeowners (borrowers) infront of Planet 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.


Planet Short Sale Timeline Conclusion: Your Planet 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 Planet’s Short Sale Department compared to what the offer is that is being made to them, how fast Planet Loss Mitigation department received the Planet’s Short Sale Application documents are received (readable) and other factors will come together to effect how long it will take for your Planet Short Sale to be Approved.

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


How To Fix A Planet Short Sale Decline?

Often dealing with Planet 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 Planet short sale offer was rejected. Have us review your declined short sale for free by calling us at 888-934-3444.

Planet Loan Servicing Contact Information

Planet Mortgage Customers

 Planet Consumer Complaints and Reviews

Planet Loan Servicing Mortgage Reviews

Planet Loan Servicing Complaints

Often we have gotten on the phone with a Planet Loan for one of our Customers where we are given the run around. They can be very difficult to work with and making matters worse is their rude agents on the phone. When dealing with a Loan Servicing where the people on the phone make you feel like they don’t care getting a straight story can be difficult with your Planet Mortgage.

Due to space constraints we are not able to include the complete review(s). The name of each reviewer links to where the reviews maybe located. For the complete review click the links.

Planet Loan 1 Star Review:


I am writing this as I’m helping my aunt who is disabled try to get her finances in order. I just got a copy of her finances and her mortgage was sold to Ditech as a simple interest loan. She’s been paying on it, never late for over 4 years and yet she owes more now than she did when she started. When I call to try to get help they drag their feet and are just rude. I have never seen anything so awful in my entire life. How does a company get to cheat people like this. If there ever is a class action suit I want to get my aunt in it because she is about to lose the home her father built with his own two hands.

Renee, Seven Springs, NC

Planet Loan1 Star Review:


Our home loan was sold by Bank of America to Green Tree who then was sold to Planet Loan back in 2013. We moved from Florida where the housing market was horrible and isn’t much better today and sold our house on a short sale. That was October 2013. I find out today the Planet Loan is reporting us as late pay over 3 years later after the short sale has long been completed and the loan closed!!! This is FRAUDULENT business operations and should be ILLEGAL! This company is hurting my ability to procure a home loan thanks to their GREASY business procedures!!! People have financial issues from the 2007 – 2012 recession, we have never had credit issues and was told we had to wait 3 years after the short sale (which we did) now only to find out what Planet Loan has been doing to us!!! CROOKS!!!

Micheal, Columbia, TN

Don't Be A 1 Star Review


Don't Be A 1 Star Review


Ditech1 Star Review:

My loan was modified and sold to Ditech for completion of the modification. As part of the agreement I was required to make a monthly payment for three months in order to prove that I could make the agreed upon payment. I did that, and actually did four months because when it was sold Ditech said the three months had to start over with them. So fine, no problem. Except it has now been two additional months and they have not only not completed the modification, I cannot get into their phone system to make a payment!

Carolyn, Denver, CO

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 Planet Mortgage.

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

ACG Specialist Here To Help Your Planet Mortgage.

Planet Home Lending Short Sale News

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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...

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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...

read more