Loandepot Subordination Requirements

. loanDepot, the U.S. lender, connects borrowers with the credit they need for their lives through technology and highly personalized customer service. As a fast-growing national consumer lender, the loanDepot platform is disrupting financing by breaking down the boundaries between mortgage and non-mortgage loans. The company has funded over $165 billion in funding since its inception and is passionate about new financial technologies and dynamic product deliveries, supported by excellent customer service to empower consumers. Note: This option is only available for HUD-insured loans Unauthorized attempts to upload information and/or alter information on any portion of this website are strictly prohibited and prosecutable under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see 18 U.S.C. §§ 1001 and 1030). Short selling In some cases, you may not be able to keep your home. A short sale allows you to sell your home for less than what is due if you owe more than the value of your home. This option allows you to leave your home without foreclosure, and in some cases, relocation assistance may be available. Please report your traffic by updating your user agent to include company-specific information.

If a user or application sends more than 10 requests per second, other requests from the IP address may be restricted for a short period of time. Once the request rate drops below the threshold for 10 minutes, the user can continue to access the content on SEC.gov. This SEC practice is designed to limit excessive automated searches to SEC.gov and is not intended or should not affect individuals who visit the SEC.gov site. If your loan is currently with loanDepot and you are struggling to make your mortgage payment due to a change or loss of your job, critical illness, divorce or other difficult situation, loanDepot may be able to work with you to help you make your payments or help you avoid losing your home to foreclosure. Eligibility is on a case-by-case basis and Keep Your Keys may be able to arrange one of the following solutions for you. You may be eligible for a loan that will update your mortgage. The loan is considered a subordinated lien payable when you pay off your mortgage. You must sign the loan documents under this program. Loan change After a three-month trial plan in which you make payments based on the changed terms of your mortgage, you may be able to change your mortgage permanently to make your payments or terms easier to manage. It is a permanent solution to a long-term or prolonged need. Note that this policy may change if the SEC maintains SEC.gov to ensure that the site operates efficiently and remains available to all users. Keep Your Keys is very experienced in helping owners stop foreclosure.

We have a thorough understanding of the products offered by Loan Depot, as well as their internal processes for approving and supplementing them. With our 5-star reviews and exceptional customer service, you`ll be hard-pressed to find a better partner. Leave your checkbook at home and contact us today for a free, no-obligation appointment to get started. Deed instead of foreclosure or mortgage release You may be able to transfer ownership of your property to us if you are unable to sell your home and avoid foreclosure. In some cases, resettlement assistance is available. You must help obtain approval from holders of subordinate liens on your property. By using this website, you consent to security monitoring and auditing. For security reasons and to ensure that the public service remains accessible to users, this government computer system uses network traffic monitoring programs to identify unauthorized attempts, upload or modify information, or otherwise cause damage, including attempts to deny service to users. Headquartered in Southern California, loanDepot employs 6,400 team members across the country, including 2,000+ licensed loan officers who hold more than 10,000 licenses. The company operates 150+ local lending sites nationwide. NML # 174457. For more information, see the SEC`s website privacy and security policy.

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