**Templates—3rd Party Authorization**
3rd Party Letter of Authorization
Written consent is required by all lenders for anyone besides the borrower or co-borrower to speak to them about the account(s). The following two examples are generic and can be used with any mortgage lender. Some banks that we’ve worked with—Aurora, for example—provide their own 3rd Party Letter of Authorization form. However, most do not.
Your Realtor will need to submit this letter via fax or by uploading it into the Equator system (depending on the bank) before any lender will talk to them regarding a specific account. If your lender is calling you eighteen times a day about defaulting on a payment, as the borrower, you can direct any and all questions they might have to your Realtor. Your realtor’s job is to make the short sale process easy and to lessen stress.