
Litton loan modifications.
Litton understands that customers may experience financial challenges or life changes that can affect their ability to make mortgage payments. With this in mind, Litton may have several options available, including loan modifications under the government’s Home Affordable Modification Program (HAMP), to help customers avoid foreclosure whenever possible. Please log in to your online Litton account and complete the Financial Information Form if you are having difficulty with your mortgage payments. If you pre-qualify for a loan modification, Litton will contact you in writing to obtain the following documentation. This information will be used to verify your eligibility for a Litton loan modification.
- Completed and signed Request for Modification and Affidavit (RMA)
- Completed and signed IRS Form 4506-T
- Copies of your two most recent pay stubs showing year-to-date earnings
- Completed quarterly or year-to-date profit and loss statement(if self-employed)
- Award letter stating amount, frequency, and duration of your Social Security, disability or death benefits, pension earnings, adoption assistance, or public assistance and bank statements for two months showing receipt of payment (if applicable)
- Copy of divorce decree, separation agreement, other written agreement filed with the court, or decree that states the amount and period of time over which alimony, child support, or separation maintenance will be received and bank statements for two months showing receipt of payment (if applicable and you choose to have it considered)
- Copy of the lease agreement for rental income and proof of rental payment for two months (if applicable)
- Signed copy of your recently filed federal tax return including all schedules.
- Copy of recent utility bill or homeowners insurance policy.
- Copies of your two most recent personal bank statements
- Proof of homeowners association dues (if applicable)
As with the reports from all banks, you must stay on top of this process. There are MANY reports on the web of people having to continuously resubmit their paperwork because the bank is unable to find it. It is quite a headache, but if you wish to keep your home and stop foreclosure, then strap on your gloves and get ready for a fight. Good luck with your Litton loan modification.
If you are unable to qualify for a lLitton loan modification, or you have no interest in staying in your home, make sure you have the option of attempting a short sale. Make sure that you choose a company with a successful track record and who knows what they are doing. For more information about the process, contact us today. We assist homeowners in Broward and Miami-dade Counties, especially in Hollywood, Miramar, Plantation, Pembroke Pines, Cooper City, Hallandale and Hialeah.

