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And we offer this assistance at no cost. In order to evaluate your situation UHC needs you to complete the enclosed loss mitigation package. This information will help determine which of our loan workout programs best suits your circumstances. Please complete ALL sections of the enclosed package as accurately as possible and return it to our office no later than 14 days from receipt of this package. You must submit all of the documents listed on the enclosed submission checklist in order for us.

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You have exceeded the number of loan modifications that you're allowed. Your investor does not offer loan modifications as a loss mitigation option. Your Loan to Value (LTV) ratio is too high or too low. You defaulted too close to the origination date of your mortgage or too close to your last loan modification.

Loss mitigation is the process of borrowers and mortgage servicers working together to create a plan to avoid foreclosure. This can be done in several different ways, including through forbearance, repayment plans, loan modification, short sale and deed-in-lieu of foreclosure.

A complete loss mitigation application means an application in connection with which a servicer has received all the information that the servicer requires from a borrower in evaluating applications for the loss mitigation options available to the borrower.

Loss Mitigation Options | Loan Modifications, Short Sales, Partial Claim.

Loss mitigation refers to all the assistance options available to servicers to help borrowers experiencing payment trouble. Servicers evaluate these options based on a client's financial situation and the circumstances that led to their asking for assistance to determine qualifications.

Loss mitigation is the process in which a mortgage lender or servicer offers relief or repayment options to a borrower struggling to keep up with loan payments. Your servicer might refer to this process as “retention.”

Your mortgage is past due, delinquent, or in default. You're facing foreclosure on your home. You've lost your job or become disabled, preventing you from working. You're facing costly medical bills for yourself or a family member that are preventing you from making mortgage payments.

In the worst-case scenario where a borrower can't afford their mortgage, loss mitigation can lessen the negative impact of foreclosure.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232