What documentation do I need to provide for loss mitigation?
To facilitate the loss mitigation process, you need to provide certain documentation. These include a completed hardship affidavit, detailing your financial challenges, such as income reduction or medical expenses. Additionally, recent pay stubs, tax returns, and bank statements may be required to verify income and expenses. In case of unemployment, you should provide proof of job termination and any unemployment benefits received. Other documents may include property information, such as mortgage statements, property tax bills, and homeowners insurance details. An attorney representing you should also submit an authorization form to signify their involvement. It is important to carefully review the requirements outlined by Washington Mutual to ensure all necessary documentation is provided, expediting the loss mitigation process.
Answered May 3, 2024
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