If anyone is working on a short sale with Aurora Loan Services or has one coming up, here's some information that will hopefully help.

Their contact number for their home retention group (short sale department) is:

(866) 521-3828

The fax number to send your complete package to is:

(866) 517-7976 Fax

Download the Aurora Loan Servicing Financial Worksheet and Short Sale Package Information

What you will need to include in your short sale package to Aurora is:

• Cover letter with everyone's contact info & summary of the offer
• Hardship Letter with any proof of hardship that can be documented (Job termination letter, medical bills, etc to support your assertion that the bank should take less)
• Listing Agreement with all signatures
• Aurora's Financial Worksheet
• 2 months most recent bank statements showing income
• 1 month of most recent pay stubs
• Complete offer to purchase contract with all signatures
• A CMA for the property
• Proof of funds for Cash Offers or Pre-Approval letter for financed deals
• Net Sheet / HUD-1 (payoff is not necessary)

When sending everything, make sure to send as clear of copy as possible and lable each section. I have posted another blog HERE about the importance of sending a clean package.

I hope this helps. Please feel free to contact me with any questions.

Glen

San Diego Short Sale Experts

Silvercrest Realty Group

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