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 If you feel that any of this information has become outdated or is incorrect please contact us immediately.**

Wells Fargo Home Mortgage Deed In Lieu Of Foreclosure

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Wells Fargo Home Mortgage RMA Deed In Lieu of Foreclosure Package

Mortgage Assistance Form.

Deed In Lieu Decline

Wells Fargo Home Mortgage Deed In Lieu Application Denied?

Wells Fargo Home Mortgage Deed In Lieu Negotiators. We're On Top.

 

Wells Fargo Home Mortgage Deed In Lieu of Foreclosure Process

If you are thinking about applying for Deed In Lieu Foreclosure process on a loan serviced by Wells Fargo Home Mortgage(WFHM) then we at ACG will ensure that our customers go through a process that is simple, easy and standard as for other companies:

  1. First of all, a member of our team will have to call your loan counselor at Wells Fargo Home Mortgage(WFHM) and sometimes we have to call again after placing an appointment but once we have spoken the process will be initiated.
  2. You are required to submit a paperwork called Request for Mortgage Assistance(RMA) application.
  3. Before they start the DIL Process you may first have to go through a review for Loan Modification.
  4. Wells Fargo Home Mortgage may ask you to sell your property first to someone else before transferring the deed to them to prevent themselves the liability of owning the property.
  5. The title of your property will have to be checked in the next step of the process.
  6. Wells Fargo Home Mortgage will have to do a valuation on your property on behalf of the investor.
  7.  In next step, terms of relocation and timeframes will be negotiated by us with Wells Fargo Home Mortgage.
  8. Lastly, your lender provides a response to the deed in lieu of foreclosure made to them.

Going through all the mentioned steps is not as easy as it sounds and if you have dealt with Wells Fargo Home Mortgage(WFHM) in the past to try to get any kind of Mortgage Assistance you will already know that going through the above steps is not easy. But you have nothing to worry about as ACG has a specialized team to help our customers. We know, we will have to run around different departments while working through the process, It could be that you are intending to get a Loan Modification from them for a long time and they still need to close the file first. Maybe they want you to sell the house first so the short sale department has your file. We are here to do everything for you and most importantly you should be able to figure 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 Wells Fargo Home Mortgage.

Wells Fargo Home Mortgage Loan Deed In Lieu Timeline

The timeline of the Deed In Lieu Process changes greatly as it would for any company of this size. Sometimes it is not clear that what is going on behind the scenes. These are just a few of the hoops we jump through when dealing with a deed in lieu with Wells Fargo Home Mortgage.

  • To begin with,  Wells Fargo Home Mortgage(WFHM) is just a servicer of the loan, that’s why it has to abide a set of rules while servicing any loan. “PSA” or Pooling and Servicing Agreement that governs the pools of mortgages they service as they are only a servicer of Mortgage and usually represent an investor. It is like an agreement between servicer and beneficiary of the mortgage note. The investor allows Wells Fargo Home Mortgage the authority to make some decisions only and for the decisions that they cannot make themselves they will 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 deed in lieu of foreclosure process is hugely affected if your loan has a sale date. If the sale has to be stopped to complete the deed in lieu of foreclosure process then they become a lot difficult to deal with. A company like Wells Fargo Home Mortgage is busy in sale dates whole week so they do not work as urgent as you want them to. Remember this business is a first come first serve but it is also influenced by foreclosure status and proximity to the sale date.
  • Finally, All negotiators were not created equally. What makes the process tricky is that this goes for both sides. Miscommunication can lead to certain failure while dealing at this kind of large level. Representing a homeowner during the process of Deed in Lieu Of Foreclosure is a very specialized skill that can be learned through experience only. 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.

Wells Fargo Mortgage Deed In Lieu Timeline Conclusion: The factors on which Wells Fargo Mortgage’s Deed In Lieu of Foreclosure process’s timeline depends are of very broad range and not only limited to the ones mentioned above. Process timing can reduce significantly If it is possible for Wells Fargo Home Mortgage to make the decision themselves. What the lender perceives as the value of the property will also affect the timeline. Your limit to get Deed In Lieu will also be hugely limited if you have other liens. How fast Wells Fargo Home Mortgage’s Loss Mitigation department receives the Wells Fargo Home Mortgage 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 Wells Fargo Home Mortgage Deed In Lieu application will take to be Approved.

If Your Wells Fargo Home Mortgage Deed In Lieu of Foreclosure Was Denied There May Still Be Options.

 

How To Fix A Wells Fargo Home Mortgage Deed In Lieu Decline?

Sometimes it is condusing why application was rejected but most of the times it has been seen the decline of the application is miscommunication. 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 Wells Fargo Home Mortgage deed in lieu offer was rejected. Have us review your declined deed in lieu for free by calling us at 888-934-3444.

Wells Fargo Home Mortgage Contact Information

Wells Fargo Home Mortgage Customers

Wells Fargo Home Mortgage Complaints

Wells Fargo Home Mortgage Home Mortgage Deed In Lieu Reviews

Wells Fargo Home Mortgage Deed In Lieu Complaints

Wells Fargo Home Mortgage(WFHM) 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.

Wells Fargo 1 Star Reviews

WFHM 1 Star Review:

Modified my mortgage. Told there were no strings attached. It would reduce the interest and provide a lower monthly payment. Fast forward 4 years and it turns out when we signed the mod paperwork it put a lien on our property, so in essence we now owe more than before we modified the loan, wish I could have found this info on their website prior or had full disclosure from the home loan specialist.

Andrea, Kimball, M

WFHM 1 Star Review:

Our mortgage was sold to this horrible criminal company. I have been with them for 9 years, I have attempted 4 times to modify, do a repayment plan or whatever I could to help with my mortgage. First off… On closing day we were forced to change terms of the agreement or cancel the deal. First we went from zero down to $10,000.00 down, we went from 3.75% to 6.25% interest. We had a apartment fire and nowhere to live, they knew this and changed our terms, then they told us we could refinance after we closed on our house and started making payments. Such ** lies. We have been suffering with this mortgage company for 9 years.

Michael, Roseville, MI

Don't Be A 1 Star Review

 

Don't Be A 1 Star Review

 

WFHM 1 Star Review:

Wells Fargo should have some of its employees charged with crimes. We were not behind on our mortgage when we began, and credit scores went from excellent to poor in no time. During our attempts to apply for a loan modification we were given different reasons each time for why we were denied. We finally got professional help, but the Delisa Law Group, who was not hired directly by us, was just as unlawful as Wells Fargo, if not more. They harassed my whole family and their employers, and asked them to lie about chipping in. We paid $5000 and we were finally approved, resulting in a higher monthly payment, even with our tax reduction finally taken into account. Worst of all, after nearly 2 years of relentless PHONE CALLS by Wells Fargo for payment, at my husband’s WORKPLACE, he was fired. Unemployed for 10 days, we still made payments, but they were returned to us for 2 months, keeping us behind.

Audrey, Port Jefferson, NY

1 Star Situations Happen Every Day

 

ACG 5 Star Reviews

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 Wells Fargo Mortgage.

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

ACG Specialist Here To Help Your Wells Fargo Mortgage.

Wells Fargo Home Mortgage Deed in lieu News

Wells Fargo Short Sale Application, Forms And Packages

**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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