Loss Mitigation Checklist

Form Template

The Loss Mitigation Checklist is a checklist app that can be used to ensure that Loss Mitigation Options are properly requested, and that options and payment terms proposed are reasonable.

5,000 Companies save time and money with GoCanvas

Lumen Logo Post Consumer Brands Logo Saluda Hill Landscapes Logo Te3co Logo Two Men and a Truck Logo VIP Lighting Logo
Language: English
Country: United States of America

When loss mitigation must occur between a borrower and servicer of a loan, loss mitigation options can be executed. The app ensures that a Tax Return Transcript is requested, that financial statements are provided for the borrower or borrowers, that the two most recent federal tax returns are provided the borrower or borrowers, that monthly expenses are provided, and that income verification is provided. While this app does not have a financial statement built in, financial statements can found easily and note items such as gross income, net income, self-employment income, mortgage payments, tax paid and tax owed, deductible expenses, property owned, and other major assets and liabilities.

  • Image Capture
  • Submission Editing
  • Reference Data
  • Dispatch
Read More
  • iPhone
  • iPad
  • Android
  • Windows
Read More
  • Quickbooks
  • Salesforce
  • Google Docs
  • Dropbox
Read More
*The Capterra SoftwareAdvice ​and GetApp logos are a service mark of Gartner, Inc. and/or its affiliates and is used herein with permission.*

Don't take our word for it...

“I’m not a tech guy and I was able to pick this thing up in probably an hour, and actually start to build apps. I’ve done them over lunch when I’ve gotten frustrated with a process that didn’t exist in our company. So for non tech people who’ve got a problem, the support here is awesome and I’d recommend it to anybody, not just in our industry.”

Dave Kramer, PennLine Service

Connect with one of our experts today.

We’ll help you put together the right solution for your needs.

Contact Us