Free NOVAD Short Sale Help 1-800-692-9960

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NOVAD Package

NOVAD does not have their own package on their letterhead for a short sale or loan modification. They do have their own request for appraisal form which is needed though in order for them to have an appraisal completed on the home. A generic short sale package consists of a hardship letter, real estate paperwork, and borrower financial documentation.

NOVAD services home equity conversation mortgages ( reverse mortgages ) which are insured by Housing and Urban Development (HUD) so they follow their guidelines. One of the most important guidelines is that they will want to receive an offer at or above 95% of appraised value. An heir may be able to purchase a reverse mortgage short sale if the borrower is deceased.

If you need NOVAD help or have questions, please fill out the form below or call 1-800-692-9960 and a specialist will be in touch with you shortly.

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