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HARDSHIP ASSISTANCE PACKAGE

Please bring in copies of:
 - 2 recent consecutive pay stubs, or
 - 2 consecutive months of bank statements                      CITI LOAN NUMBER
 - 2 recent tax returns


Part A - Borrower Information
Borrower Name                         Social Security Number      Co-Borrower Name                        Social Security Number

Borrower Phone No.                                                Co-Borrower Phone No.
Day (          )                                                  Day (          )
Evening (          )                                              Evening (            )
Cell (         )                                                  Cell (         )
Property Address:                                                 Mailing Address (if applicable):
Street 123 main st                                                Street 123 main st


City, State, Zip Code    ,                                        City, State, Zip Code
                                                                          sssssx




Email Address                                                     Email Address

Employer (Current)              Position                          Employer (Current)                 Position


Years on Job                    Employer Phone                    Years on Job                       Employer Phone


If in current job for less than 5 years, enter your previous employer information below.
Employer (Previous)             Position                          Employer (Previous)                Position

Years on Job                    Employer Phone                    Years on Job                       Employer Phone



PART B Property Information
Property for SALE?                                      Property for RENT?
List Date/Price                                         Monthly Rent                 Monthly Last Paid          Date Lease Expires

Realtor Name
Realtor Phone


PART C Monthly Income
DESCRIPTION (MONTHLY)
1.	 Gross Salary/Wages
2.	Other Income

3.	 ther Additional Income
   O
   (SSI, Rental, Second Job, Child Support)

4.	Total Net Income
PART D Assets
DESCRIPTION (MONTHLY)	                           Borrower	                      Co-Borrower	                     Total
	 1. Cash/Checking	                              $	                             $	                               $
	2. 401(k)	                                      $	                             $	                               $
	3. Savings	                                     $	                             $	                               $

PART E Monthly Expenses
DESCRIPTION (MONTHLY)	                                               Monthly Payment	      Balance Due 	              # Months Delinquent
	 1. Primary Home Mortgage	                                          $	                        $	
	2. Rent Payment (if owner not occupying subject property)	          $	                        $	
	3. Maintenance/Homeowners Association Fees	                         $	                        $	
	4. Property Taxes	                                                  $	                        $	
	5. Homeowners Insurance/Flood Insurance	                            $	                        $	
	6. Other Mortgages	                                                 $	                        $	
	 7. Automobile Loans	                                               $	                        $	
	8. Other Loans	                                                     $	                        $	
	9. Credit Cards (minimum payment)	                                  $	                        $	
10. Alimony/Child Support	                                           $	                        $	
	11. Child/Dependent Care	                                           $	                        $	
12. Utilities (water, electricity, gas, cable, etc.)	                $	                        $	
13. Telephone (landline and cell phone)	                             $	                        $	
14. Insurance (automobile, health, life)	                            $	                        $	
15. Medical Expenses (uninsured)	                                    $	                        $	
16. Car Expenses (gas, maintenance, parking)	                        $	                        $	
	17. Groceries and Toiletries	                                       $	                        $	
18. Other (explain)	                                                 $	                        $	
19. Other (explain)	                                                 $	                        $	
Total	                                                               $	                        $	

PART F General Questions
Questions	                                                                                     Yes	                   No
	 1. Do you occupy this mortgaged property as a Primary Residence?		
	   If you answered ”Yes“ to question 1, how long at this residence?	                          Years: 	               Months:
	2. How many people in the household?	
	3. Any dependents under the age of 18? If ”Yes,“ how many?		
	4. Do you have any other debts or obligations secured by this property?
	 (Example: second mortgage, home equity loan, judgments or liens)		
	   If you answered ”Yes“ to question 4, please itemize.	                                      Amount
	                                                                                              $
	                                                                                              $
	                                                                                              Amount
	5. Do you own any other properties?                    How many?	
	   If you answered ”Yes“ to question 5:	         Monthly Payment: $	                          Principal Balance: $
	                                                 Rental Income: $	                            Vacant?
	6. What is the amount of funds you immediately have available to apply
	 toward your mortgage delinquency?	
	 7. In addition to the amount stated above, what amount will you have
	 available in 30 days?
PART F General Questions (Cont’d)
Briefly explain the reason why you are behind on your mortgage payment(s) or are in imminent danger of default:
(If needed, attach a separate sheet of paper for explanation.)




What is your proposal for repaying the arrearage?




                INSTRUCTIONS: Please try to complete as many of the questions as possible. Additional information may
                be necessary and Citi will need to speak with you during the assistance process.
Authorization to Release Information
IN ADDITION TO THIS FINANCIAL STATEMENT AND ITS ATTACHMENTS, THERE MAY BE TIMES WHEN ADDITIONAL INFORMATION
IS NEEDED TO REVIEW THE SITUATION THOROUGHLY, SUCH AS:
	                          1.	 ORDERING CREDIT REPORTS
	                          2.	 VERIFYING BANK ACCOUNTS IN THIS DISCLOSURE
	                          3.	OBTAINING ANY OTHER INFORMATION NECESSARY
                               TO PROPERLY ANALYZE THIS REQUEST

I ACKNOWLEDGE THAT EVERYTHING I HAVE STATED IN THIS DISCLOSURE IS TRUE AND FACTUAL TO THE BEST OF MY
ABILITY. I ALSO AGREE THAT IF IT IS DETERMINED THAT I HAVE PROVIDED INFORMATION THAT IS MISREPRESENTED AND
THEREBY CAUSED ACTIONS TO BE TAKEN WHICH WOULD NOT HAVE BEEN TAKEN HAD THE TRUE FACTS BEEN KNOWN,
I SHALL BE LIABLE FOR ANY AND ALL LOSSES SUFFERED BY THE LENDER OF MY MORTGAGE LOAN.


	    Borrower Signature	                                         Date	              Borrower Signature	                                   Date



                                    AUTHORIZATION TO RELEASE INFORMATION
I/WE HEREBY AUTHORIZE YOU TO RELEASE TO
ANY AND ALL INFORMATION THEY MAY REQUIRE FOR THE PURPOSE OF A CREDIT TRANSACTION.
THANK YOU.

	    Borrower Signature	                                         Date	              Borrower Signature	                                   Date


	    Social Security Number		                                                       Social Security Number




                                                     FOR INTERNAL USE ONLY
o	 Residential Lending	
 Citi                             CitiMortgage	
                                 o	                     CitiFinancial	
                                                       o	                      Other:
                                                                              o	
 Spanish speaking preferred
o	

# of payments due	                                    Is a foreclosure date set?

How did you hear of this Office of Homeownership Preservation Event?
o	Letter	    o	 Media	       o	 Advocacy Group	    o	 Campaign	
                                                      Call                     Other:
                                                                              o	

Have you applied for State assistance? If so, name of program:

Status of application:

Are you a union member?	                              If so, name of union:

Hardship:                                                                          Proposed Resolution:
	    o	 Disability	                    o   Loss of Income                          	    o Adjustment of loan terms
	    o	 Divorce	                       o   Loss of Job                             	    o Borrowers Current / Program Inquiry
	    o	 Death	                         o   Military Service                        	    o Currently working with HRG
	    o	 Excessive Obligations	         o   Natural Disaster                        	    o Forbearance Plan
	    o	 Illness	                       o   Property Insurance Issue                	    o Not Qualified for CRLI Programs
	    o	 Interest Adjustment	           o   Property Tax Issue                      	    o Non-borrower 3rd Party Representative
	    		                                o   Other svvkvv                            	    o Other (SCRA, BK, REO, Legal, Redemption, Discharged BK7)
                                                                                   	    o Repayment Plan
                                                                                   	    o Review for Deed in Lieu
                                                                                   	    o Short Sale
Notes:
FAX COVER SHEET
    	           Sender’s Information	                                Receiver’s Information

	 Name:	                                                 To:      Citi

	 Telephone:	                                            Fax:

	 Number of Pages:	                                      Loan #


                                           Required Information


	         o	Signed and dated Hardship Letter

	         o	 months of paystubs for:
            2

	                                      		
              The last 2 recent W-2 Forms
	             Current complete 1040s
                                  	

	         o	Year-to-Date Profit and Loss Statement for Self-Employed Borrowers

	         o	Social Security Income (Award Letter) for:

	         o	Spousal and/or Child Support Income

	         o	Supplemental Income or other:

	         o	Complete bank statements for the last two months

	         o	Current Homeowners Insurance Policy

	         o	Current and/or Delinquent Property Tax Information

	         o	Rental Agreement(s), Purchase Agreements



	       Please fax or mail the required documentation to:

	         CitiMortgage or CitiFinancial	
	         Attn: Office of Homeownership Preservation	
	         14415 S. 50th Street, Suite 100	
	         Phoenix, AZ 85044	
	         Phone (866) 915- 9417	
	         Fax (480) 753-7832	



	       Note: Please reference your loan number on your documentation

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New citimortgage Short Sale Package

  • 1. HARDSHIP ASSISTANCE PACKAGE Please bring in copies of: - 2 recent consecutive pay stubs, or - 2 consecutive months of bank statements CITI LOAN NUMBER - 2 recent tax returns Part A - Borrower Information Borrower Name Social Security Number Co-Borrower Name Social Security Number Borrower Phone No. Co-Borrower Phone No. Day ( ) Day ( ) Evening ( ) Evening ( ) Cell ( ) Cell ( ) Property Address: Mailing Address (if applicable): Street 123 main st Street 123 main st City, State, Zip Code , City, State, Zip Code sssssx Email Address Email Address Employer (Current) Position Employer (Current) Position Years on Job Employer Phone Years on Job Employer Phone If in current job for less than 5 years, enter your previous employer information below. Employer (Previous) Position Employer (Previous) Position Years on Job Employer Phone Years on Job Employer Phone PART B Property Information Property for SALE? Property for RENT? List Date/Price Monthly Rent Monthly Last Paid Date Lease Expires Realtor Name Realtor Phone PART C Monthly Income DESCRIPTION (MONTHLY) 1. Gross Salary/Wages 2. Other Income 3. ther Additional Income O (SSI, Rental, Second Job, Child Support) 4. Total Net Income
  • 2. PART D Assets DESCRIPTION (MONTHLY) Borrower Co-Borrower Total 1. Cash/Checking $ $ $ 2. 401(k) $ $ $ 3. Savings $ $ $ PART E Monthly Expenses DESCRIPTION (MONTHLY) Monthly Payment Balance Due # Months Delinquent 1. Primary Home Mortgage $ $ 2. Rent Payment (if owner not occupying subject property) $ $ 3. Maintenance/Homeowners Association Fees $ $ 4. Property Taxes $ $ 5. Homeowners Insurance/Flood Insurance $ $ 6. Other Mortgages $ $ 7. Automobile Loans $ $ 8. Other Loans $ $ 9. Credit Cards (minimum payment) $ $ 10. Alimony/Child Support $ $ 11. Child/Dependent Care $ $ 12. Utilities (water, electricity, gas, cable, etc.) $ $ 13. Telephone (landline and cell phone) $ $ 14. Insurance (automobile, health, life) $ $ 15. Medical Expenses (uninsured) $ $ 16. Car Expenses (gas, maintenance, parking) $ $ 17. Groceries and Toiletries $ $ 18. Other (explain) $ $ 19. Other (explain) $ $ Total $ $ PART F General Questions Questions Yes No 1. Do you occupy this mortgaged property as a Primary Residence? If you answered ”Yes“ to question 1, how long at this residence? Years: Months: 2. How many people in the household? 3. Any dependents under the age of 18? If ”Yes,“ how many? 4. Do you have any other debts or obligations secured by this property? (Example: second mortgage, home equity loan, judgments or liens) If you answered ”Yes“ to question 4, please itemize. Amount $ $ Amount 5. Do you own any other properties? How many? If you answered ”Yes“ to question 5: Monthly Payment: $ Principal Balance: $ Rental Income: $ Vacant? 6. What is the amount of funds you immediately have available to apply toward your mortgage delinquency? 7. In addition to the amount stated above, what amount will you have available in 30 days?
  • 3. PART F General Questions (Cont’d) Briefly explain the reason why you are behind on your mortgage payment(s) or are in imminent danger of default: (If needed, attach a separate sheet of paper for explanation.) What is your proposal for repaying the arrearage? INSTRUCTIONS: Please try to complete as many of the questions as possible. Additional information may be necessary and Citi will need to speak with you during the assistance process.
  • 4. Authorization to Release Information IN ADDITION TO THIS FINANCIAL STATEMENT AND ITS ATTACHMENTS, THERE MAY BE TIMES WHEN ADDITIONAL INFORMATION IS NEEDED TO REVIEW THE SITUATION THOROUGHLY, SUCH AS: 1. ORDERING CREDIT REPORTS 2. VERIFYING BANK ACCOUNTS IN THIS DISCLOSURE 3. OBTAINING ANY OTHER INFORMATION NECESSARY TO PROPERLY ANALYZE THIS REQUEST I ACKNOWLEDGE THAT EVERYTHING I HAVE STATED IN THIS DISCLOSURE IS TRUE AND FACTUAL TO THE BEST OF MY ABILITY. I ALSO AGREE THAT IF IT IS DETERMINED THAT I HAVE PROVIDED INFORMATION THAT IS MISREPRESENTED AND THEREBY CAUSED ACTIONS TO BE TAKEN WHICH WOULD NOT HAVE BEEN TAKEN HAD THE TRUE FACTS BEEN KNOWN, I SHALL BE LIABLE FOR ANY AND ALL LOSSES SUFFERED BY THE LENDER OF MY MORTGAGE LOAN. Borrower Signature Date Borrower Signature Date AUTHORIZATION TO RELEASE INFORMATION I/WE HEREBY AUTHORIZE YOU TO RELEASE TO ANY AND ALL INFORMATION THEY MAY REQUIRE FOR THE PURPOSE OF A CREDIT TRANSACTION. THANK YOU. Borrower Signature Date Borrower Signature Date Social Security Number Social Security Number FOR INTERNAL USE ONLY o Residential Lending Citi CitiMortgage o CitiFinancial o Other: o Spanish speaking preferred o # of payments due Is a foreclosure date set? How did you hear of this Office of Homeownership Preservation Event? o Letter o Media o Advocacy Group o Campaign Call Other: o Have you applied for State assistance? If so, name of program: Status of application: Are you a union member? If so, name of union: Hardship: Proposed Resolution: o Disability o Loss of Income o Adjustment of loan terms o Divorce o Loss of Job o Borrowers Current / Program Inquiry o Death o Military Service o Currently working with HRG o Excessive Obligations o Natural Disaster o Forbearance Plan o Illness o Property Insurance Issue o Not Qualified for CRLI Programs o Interest Adjustment o Property Tax Issue o Non-borrower 3rd Party Representative o Other svvkvv o Other (SCRA, BK, REO, Legal, Redemption, Discharged BK7) o Repayment Plan o Review for Deed in Lieu o Short Sale Notes:
  • 5. FAX COVER SHEET Sender’s Information Receiver’s Information Name: To: Citi Telephone: Fax: Number of Pages: Loan # Required Information o Signed and dated Hardship Letter o months of paystubs for: 2 The last 2 recent W-2 Forms Current complete 1040s o Year-to-Date Profit and Loss Statement for Self-Employed Borrowers o Social Security Income (Award Letter) for: o Spousal and/or Child Support Income o Supplemental Income or other: o Complete bank statements for the last two months o Current Homeowners Insurance Policy o Current and/or Delinquent Property Tax Information o Rental Agreement(s), Purchase Agreements Please fax or mail the required documentation to: CitiMortgage or CitiFinancial Attn: Office of Homeownership Preservation 14415 S. 50th Street, Suite 100 Phoenix, AZ 85044 Phone (866) 915- 9417 Fax (480) 753-7832 Note: Please reference your loan number on your documentation