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Litton Loan Servicing

A place to discuss short sales with Litton Loan Servicing and share solutions and strategies used to get short sales approved.

Members: 91
Latest Activity: Feb 1, 2013

How To Short Sale A Home



Short Sales with Litton Loan Servicing

 

It has been our experience that Litton is one of the best lenders to work short sales with. Their approval times are very fast and their terms are very reasonable as well. We have created this group for agents and borrowers in financial hardship to discuss short sale programs with Litton Loan Servicing and also share information about the Litton Short Sale process with each other.


Litton Loan Servicing Short Sale Department Phone Numbers
800-999-8501 or 800-548-8665
Fax: 713-966-8820
General Info: 800-999-8501
LM Fax: 972-653-6322
LM Fax 2: 972-653-3333
Short Sale Dept: 800-999-8501, ext. 8540
HAFA Phone: 800-247-9727
HAFA Fax: 713-793-4923
www.littonloan.com

 

Share your experiences with short sales with Litton Loan Servicing below

Discussion Forum

Litton Loans BK

Started by Sara Pichelmann. Last reply by Larry Hollingsworth Dec 30, 2011. 4 Replies

Does anyone have a contact for Litton, I have an approval but the 2nd lien holder wants additional funds. Since I submitted the requestto Litton they are saying it may now take months for a…Continue

Families in bankruptcy (not including the house) and a Litton Short Sale

Started by Angie Stephens Oct 14, 2010. 0 Replies

Has anyone had the experience of closing a short sale for a borrower of Litton's when there is a bankruptcy?  My clients are making regular payments toward their bankruptcy (which did NOT include the…Continue

Litton as 2nd to Short Sale

Started by Cindy Billman, CDPE, SFR Sep 10, 2010. 0 Replies

Does anyone know how quickly Litton approves a short sale when they are in 2nd position?Continue

Litton has statements in their approval letter that leave things wide open for seller.

Started by Dawn Rupersburg. Last reply by Dawn Rupersburg Aug 27, 2010. 9 Replies

I was surprised to see how many great comments there were about Litton.  Yes, their fast but how many of you read those approval letters?  My approval letter leaves the seller wide open for all kinds…Continue

Comment Wall

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Comment by Ignacio Stapleton on June 12, 2010 at 12:01am
Hello fellow REALTOR's I'am Looking for LOTS of Short Sale referrals..(702) 879-8356
Comment by Angela Alfe on June 2, 2010 at 10:03am
Litton is, by far, one of the best to deal with. They are very quick and easy to work with. I wish all of my files were Litton files. :)
Comment by John Taylor MBA,CSP,HRC on May 31, 2010 at 9:35pm
I am meeting a client this week for a short sale with Litton. Any barriers with them anyone has came across. If not, the positive responses I will rely on. Thank You
Comment by SHANNON McGREGOR ~ CSSG, HRC on May 31, 2010 at 9:02pm
Litton is awesome. I closed escrow in 30 days from offer being submitted to close with a 1st and a 2nd. The 2nd tried o negotiate a note of about $28k to the seller. I said "NO WAY", they've already tried to re modify you~ they will foreclose and go to BK. The 2nd then agreend to release the lein and call it settled. I also got a $500 bonus from them at the last for closing it a day early~end of onth I guess.
Comment by Mike Linkenauger on May 30, 2010 at 9:00pm
Litton Loan Services Short Sales ROCK! They are definitely one of my favorite lenders to work short sales with. Always very reasonable terms and quick approvals. What more could you ask for!
Comment by Tasha Griffin on May 26, 2010 at 8:56pm
I wish they all were as helpful and nice as Litton. They should give training to the rest of the banks. :-) If they can do it this fast.....there is no reason they all should not be able to........oh, I forgot, several are too busy sending everthing to India.
Comment by Scott Burrage, CFS HRC on May 26, 2010 at 8:30pm
I agree... Litton was amazingly fast and friendly... once past the hurdle the atty was requesting, the transaction went through without a hitch... deal done and closed in 10 days!
Comment by Tasha Griffin on May 26, 2010 at 6:44pm
Litton was amazing. I had full approval on my 1st and 2nd in 5 days. They were so helpful and NICE. It was a wonderful transaction & I hope to work with them again very soon!!!
Comment by Ellen Muzzio on May 25, 2010 at 2:04pm
We just got one approved with Litton (1st) that was submitted Apr 28th. Got approval May 19th. All they needed was HUD, RPA, preapproval letter, listing agreement, authorization (generic), 2 pay stubs, 2 bank statements, 2 tax returns, and a hardship letter. Used to read about what a nightmare they were so was skeptical. Now we just need the approval of the 2nd.
Comment by Hazel Graham on May 21, 2010 at 9:33pm
My last short sale was with Litton, It was so easy.
Got my approval in 5 days. Under believeable, Huh?? Wish I had more like that.
 

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Discussion Forum

Litton Loans BK

Started by Sara Pichelmann. Last reply by Larry Hollingsworth Dec 30, 2011. 4 Replies

Litton as 2nd to Short Sale

Started by Cindy Billman, CDPE, SFR Sep 10, 2010. 0 Replies

referrals

Started by Pauline Fernandez May 25, 2010. 0 Replies

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