HSBC Options to Sell Your Home Page
HSBC Short Sale Package Requirements
[02/11/2014--by Jason Ian Hector, REALTOR®, Real Estate Broker] If you are having trouble making payments on your HSBC mortgage, the short sale lender may allow you to work with a REALTOR® like myself to do a short sale.
For homeowners considering selling your home, with our without equity, you will need to work with a licensed REALTOR® like myself to ensure the highest level of service and best results. The HAFA Eligibility Matrix is a great place to start for homeowners who are underwater. For those who are at risk of losing their homes through foreclosure, there are alternatives which many are aware of like the Making Home Affordable loan modification program or the the Home Affordable Foreclosure Alternatives Short Sale Program established by the US Treasury Department.
The HAFA Short Sale Program is primarily designed for homeowners with a documented hardship who are unable to afford keeping their home even with if they received a loan modification under the Home Affordable Modification Program (HAMP) or other loan modification program. Under HAFA, homeowners may be able to avoid a foreclosure by selling the home as a "short sale" (where the value of the home is less than the remaining amount of the first mortgage). Information on HAFA Short Sales can be found on the federal government's Home Affordable Foreclosure Alternatives site at: http://makinghomeaffordable.gov/hafa.html.
As a former Citibank personal banker, I am very familiar with navigating through the bank systems. In terms of doing short sales, HSBC is much easier to work with than most lenders. They are very responsive, organized and pro-active during the process. Their processing times tend to be a little faster than normal because they are more efficient making fewer mistakes and fewer delays. I used to work with Citibank in the Granada Hills branch as a retail banker, giving me valuable experience. Those were some good times being able to receive this prestigious Top Performer CitiStars 2004 Award, which included an amazing trip to Fajardo, Puerto Rico.
[by Jason Ian Hector, Real Estate Broker and Short Sale Specialist | August 14, 2025]
