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 If you feel that any of this information has become outdated or is incorrect please contact us immediately.**

Select Portfolio Servicing (SPS) Short Sale

SPS RMA Short Sale Package

Mortgage Assistance Form.

SPS Short Sale Decline

Select Portfolio Short Sale Denied?

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

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Select Portfolio Servicing Short Sale Process

Depending on who your investor is you may have to apply for a SPS Home Loan Modification first but once you have gotten declined then the Select Portfolio Servicing Inc.  Short Sale Process is pretty standard:

  1. Our Team Will Make An Outbound Call To Select Portfolio Servicing To Speak To A Mortgage Counseler Over The Phone Which Triggers The Short Sale Application Process.
  2. SPS’s Request for Mortgage Assistance Loan Paperwork Will Be Required.
  3. Scheude and Complete A Broker’s Price Opinion (BPO) or Appraisal (Certain Investors Require Two Interior Inspections)
  4. Negotiate Numbers For Purchase Price And Closing Costs With Select Portfolio Servicing Mortgage About Short Sale Fees And Costs To Be Paid Out Of The Seller’s Proceeds.
  5. Lender SPS Provides A Response To Short Sale Offer Made.

Going through the process is never easy with Select Portfolio Servicing. When applying for mortgage asisstance if 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 SPS Mortgage. The Loan Modifiation Department maybe needs to close it out, or the short sale department doesn’t have someone assigned to SPS 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 hekp you review any declines.

Select Portfolio Servicing (SPS) Short Sale Timeline


Dealing with what effects a SPS 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, Select Portfolio Servicing (SPS) is a servicer of mortgage notes. SPS Short Sale Application is generally only a piece of what governs SPS’s 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. Making decisions for SPS (Select Portfolio Servicing) is not always an option. The investor they are servicing the loan for, in cases they are not delegated (non-delegated) which means Select Portfolio Servicing has to request permission, calls the shots. 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, what affects the timeline of the short sale is  whether or not your SPS Loan has a sale date.  SPS is tough when it comes to homes in foreclosure and stopping the sale date for a Select Portfolio Servicing Short Sale to be completed. If you can get a value completed often your chances improve your getting bumped up in the process. 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 Select Portfolio Servicing 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.


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

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


How To Fix An Select Portfolio Servicing Short Sale Decline?

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

Select Portfolio Servicing Mortgage Reviews

SPS Mortgage Servicing Complaints

Often we have gotten on the phone with a SPS 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 SPS Mortgage.

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SPS 1 Star Review:


Like many, my mortgage loan was sold to SPS, and it has been one nightmare after another. I sent in paperwork for a loan modification in November 2016. I did not hear from anyone and when I called, they said there was one page they could not read. No one called me and informed me.

Yolanda, Marietta, GA

SPS 1 Star Review:


We didn’t qualify for any hardships and instead were instructed to go into a “simple” 6-month loan modification process to catch up on our payments.


They sold this as the best option for us. What they didn’t tell us was that for all six of those months, which we had paid an extra $150 on top of our regular payments, that my payment history would still show delinquent for each month. Had we known that, we would have dipped into savings to simply catch up. After numerous calls with very unprofessional and unhelpful reps, we were basically told that they couldn’t help us with anything.

Ryan, Dallas, GA

Don't Be A 1 Star Review


Don't Be A 1 Star Review


SPS 1 Star Review:

My loan was sold to Select Portfolio and several people from there told me that they would help us to keep our home. We applied for a modification in order for us to be able to pay the loan because we are on disability and they denied us the modification.

Elizabeth, Washington Court House, OH

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 SPS Mortgage.

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

ACG Specialist Here To Help Your SPS Mortgage.

Select Portfolio Servicing (SPS) Short Sale News

Select Portfolio Servicing (SPS) 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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