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 If you feel that any of this information has become outdated or is incorrect please contact us immediately.**

Regions Mortgage Inc. Short Sale

Regions RMA Short Sale Package

Mortgage Assistance Form.

Regions Short Sale Decline

Regions Short Sale Denied?

Regions Short Sale

Regions Short Sale Process

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

 

Regions Mortgage Short Sale Process

In most of the cases it is required that the customer will forst have to apply for Regions Mortgage Loan Modification but after decline the process for short sale is simple:

  1. To initiate the short sale process with Regions Mortgage we place a call to them and talk to their councellor
  2. The completely filled Regions Request for Mortgage Assistance (RMA) will be required with the supporting documents.
  3. It will be required to schedule and complete a broker’s price opinion (Some investors require two interior inspections)
  4. Negotiations of new terms with Regions Mortgage about Short Sale Fees And Costs To Be Paid Out Of The Seller’s Proceeds.
  5. Lender (Regions Mortgage) Provides A Response To Short Sale Offer Made.

The Short Sale process with Regions Mortgage is much difficult from what it looks like. When applying for short sale with the company it feels like something always comes up. While dealing with short sale negotiators it is typical to repeat the same steps over and over. We will have to run around from department to department while dealing with Regions Mortgage short sale. The Loan Modifciation Department maybe needs to close it out, or the short sale department doesn’t have someone assigned to Regions 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.

Regions Mortgage Short Sale Timeline

 

When dealing with what effects the Regions short sale timeline you should know that it is effected by some simple factors but sometimes not so simple factors. These are just a few of the hoops we have to jump through when dealing with a short sale.

 

  • For one, Regions Mortgage is only a mortgage notes service provider and are usually representing debt on behalf of the investor. Regions Short Sale Application is generally only a piece of what governs Regions mortgage servicing as they have to bide 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. Mostly the investor for which the company is servicing the loan for does not allow Regions Mortgage to make all the decisions themselve, they have to get permission for the decisions that they are not allowed to make. Some investors such as Fannie Mae (FNMA) and Freddie Mac (FHLMC) have pulled almost all decision making authority from many servicers. The more parties you have to deal with the longer it’s going to take.
  • Additionally, The question that whether your Regions Mortgage loan has a sale date or not. If it comes to the situation that the foreclosure has to be stopped so that Regions Mortgage short sale can be completed, the company can be difficult to deal with. You can majorly improve your chances of getting bumped up 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 negotiations are equal; This goes for both sides. Often miscomunication is the number one reason why a short sale fail. People become very specialized in this niche of representing homeowners (borrowers) infront of Regions Mortgage 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.

 

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

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

 

How To Fix A Regions Mortgage Short Sale Decline?

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

Regions Loan Servicing Contact Information

Regions Mortgage Customers

Regions Consumer Complaints and Reviews

Regions Mortgage Servicing Mortgage Reviews

Regions Mortgage Servicing Complaints

Often we have gotten on the phone with a Regions Loan for one of our Customers where we are given the run arround. 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 Regions 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.

Regions 1 Star Review:

My family has been a loyal Regions customer most of our adult lives. Our checking, saving, house and land loans have all been with Regions. My son graduated med school and applied for the physician loan program to purchase a house. We have sent all required documents and now, the day before he is to close, we receive a call there is another document needed and we will not be able to close. Warning to anyone wanting to do business with Regions Mortgage. You will not close at the original time as they will not have their act together!!! Linda, Cumming, GA

Regions 1 Star Review:

I wanted to refinance my mortgage, and Regions felt that it was ok to send my SSN and other private information via email. They are supposed to use a secure message portal or encrypted email for this type of information. I was assured that my information would be kept private. When I asked the person who was working on my mortgage why she sent it in regular email she told me their secure system was down, and that it was ok because she had been using email for years. I work in the email/IT Security field and it is NOT OK TO SEND THIS INFORMATION VIA EMAIL. DO NOT TRUST THEM WITH YOUR INFORMATION. S, Citywide, AL

Don't Be A 1 Star Review

 

Don't Be A 1 Star Review

 

Regions 1 Star Review:

I had a mortgage with Regions for several years. It was the worst experience of my life. Their communication is completely lacking. Several times I tried to pay additional funds towards my mortgage, and every time, my checks were returned to me. Even if I would simply round my payment up to the next dollar, everything got returned because I didn’t pay the appropriate amount. This resulted a couple of times in a late payment. Also, as a medical resident trying to pay for a house, I did unfortunately have a few late payments. Regions sends out the standard paperwork, but does nothing to actually help you find other options. Every time you call them, you wait on hold, then talk to a different person who has to then put you on hold to review your mortgage. I received different information every time I called. Melinda, Largo, 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 Know You can't Chance Being A 1 Star Review.

ACG Specialist Here To Help Your Regions Mortgage.

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

ACG Specialist Here To Help Your Regions Mortgage.

Regions Home Loans Short Sale News

Regions Mortgage 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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Regions Mortgage Deed In Lieu Of Foreclosure

**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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