For Colorado Homeowners
Attention Colorado Homeowners!
Do you want to stay in your home?
With the passage of the new Colorado forclosure laws and the changing attitudes of the lenders, it is now much easier to process loan modifications.
You can contact your lender to handle this directly, or you can allow our partners to handle the loan modification process for you. We work with lenders everyday and we are familiar with most of their requirements. They charge a very modest documentation fee compared to attorney fees to accomplish the same goal for you.
A Loan Modification is a written agreement between the Borrower(s) and the Mortgage Company that permanently changes one or more of the original terms of the note to make the payments more affordable.
Loan modifications can take many forms:
- From having your lender adjust your interest rate and lower your payments
- To other mortgage changes made by your lender to allow you to pay less each month.
- Every lender is offering different options, and every borrower's situation is different.
If you need some help talking to your lender and/or preparing the mountains of documentation to build your case, get a copy of our Do-It-Yourself Loan Modification eBook Guide. You can give us a call at (303) 963-5030, e-mail us or better yet – Click here and download the document. The DIY guide will walk you through the loan modification process step-by-step.
You really should consider a Loan Modification before you consider selling your home in a short sale.
To qualify under the new laws, the loan must be your primary residence and your loan must have been written between January 2003 and December 2007. Any type of loan should be considered for modification by your lender.