Deed In Lieu of Foreclosure Worksheet

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					                                 Deed In Lieu Information


Date: _________________               VA Loan Number: LH:_________________

HAS THIS LOAN EVER BEEN REFINANCED SINCE YOU ORIGINALLY HAD IT? ___________

PROPERTY ____________________________________
ADDRESS: ____________________________________

YOUR MAILING _______________________________
ADDRESS:     _______________________________

PHONE NUMBER: _______________________________

NAME ALL PERSONS          __________________________________________________________
LIABLE ON THIS LOAN:      __________________________________________________________

*****ALL PERSONS NAMED HERE MUST SEND IN A SIGNED WRITTEN REQUEST*****

MARITAL STATUS OF THOSE LIABLE ON THIS LOAN AND NAMES OF THEIR SPOUSES:
_____________________________________________________________________________________
_____________________________________________________________________________________

PLEASE SPECIFY INFORMATION REGARDING ANY SECOND MORTGAGES OR JUDGEMENTS
ON THE PROPERTY: DATE TAKEN OUT: __________________ BALANCE: ___________________
NAME OF LIENHOLDER: ______________________________________________________________
REASON FOR LOAN: __________________________________________________________________
STATUS OF SECOND LIEN: Delinquent or Current?
_________________________________________

IS THE PROPERTY OCCUPIED? YES/NO IF SO, BY WHOM? ______________________________

IF IT IS RENTED OUT, IS THERE A LEASE IN EFFECT? YES/NO IF YES, YOU MUST PROVIDE
VERIFICATION THAT THE LEASE IS BROKEN BEFORE VA CAN CONSIDER A DEED IN LIEU.
YOU WILL BE RESPONSIBLE FOR EVICTION OF ANY TENANTS.

DO YOU PAY HOMEOWNERS ASSOCIATION FEES ON THE PROPERTY? YES/NO IF YES, YOU
MUST PROVIDE A LETTER FROM THE ASSOCIATION THAT THE FEES ARE CURRENT. FEES
MUST REMAIN CURRENT FOR VA TO TAKE THE DEED IN LIEU.

PLEASE PROVIDE COPIES OF PAYSTUBS FOR THE LAST TWO PAY PERIODS TO VERIFY
INCOME. PLEASE PROVIDE COPIES OF REALTY LISTING AGREEMENTS IF YOU TRIED TO
SELL THE PROPERTY, AND ANY OTHER COPIES PERTINENT TO YOUR SITUATION.

MORTGAGE COMPANY: __________________________________________
MORTGAGE COMPANY ADDRESS: _________________________________
                            _________________________________
                   LOAN #: _________________________________