If you are facing foreclosure in Denver, first know that you are not alone. Many good people have found themselves with financial difficulties, and have faced foreclosure, due to the current economic collapse. You are one of thousands of people dealing with this very serious problem of foreclosure, in Denver alone.
What can you do to avoid foreclosure?
There are several options you may be able to use to avoid foreclosure on your Denver home. We can work with you to determine the best method to avoid foreclosure.
You may be able to avoid foreclosure on your Denver home by refinancing your mortgage. Some homeowners may be able to refinance their mortgages with more favorable terms, especially if their financial difficulties were temporary. Obviously, if this is an option for you, it is one of the best ways to avoid losing your home in Denver to foreclosure.
If refinancing your home is not an option, you may be able to avoid foreclosure on your Denver home with something known as a “short sale.” This would involve selling the home for what you can get for it. The bank would then accept that amount in full payment of the mortgage. We can help you determine whether a short sale might be the best way to avoid foreclosure.
There are other methods for avoiding foreclosure, including renegotiating your mortgage with the lender. The most important thing to remember is that not every method for avoiding foreclosure works for every homeowner. You simply cannot navigate this path alone.
Call us today and let Emery Federal and the team at America’s Mortgage help you determine the best way to save your home, if possible, and to avoid foreclosure, at best. We understand that you have worked very hard, and put an enormous amount of time, effort and money into your home. We know that times are tough, and we understand what you’re going through.
"I called Emery Federal just to find out if the rate quoted by my bank was fair.
It turns out that Emery Federal offered a much lower rate/fees. My mortgage loan
closed on time and I saved over $5,000 with a lower interest rate. Emery Federal
was right there every step of the way."
-- Rob P., Denver, CO
3.500 |
30 Year Fixed (3.624 APR)* |
3.125 |
15 year Fixed (3.456 APR)* |
2.250 |
5 year ARM (2.988 APR)* |
Loans are originated under the Financial Services Division of Emery Federal Credit Union. Your Loan Officer or Mortgage Consultant is your main contact regarding your loan transaction. Please contact them during your loan process. If you need further assistance, please contact our help desk at: 800-880-3020 or help@EmeryFed.com. We look forward to serving you.
Originally chartered in 1939 to serve Emery Industries, in 1984 Emery FCU expanded our field of membership to include other diverse groups. Today Emery FCU serves the employees (and their family members) of over one hundred sixty four (164) companies.
Emery FCU is a not-for-profit, member-owned financial institution. Unlike banks, thrifts, and finance companies who operate on a "for profit" basis, we return excess earnings back to our members in the form of lower loan interest rates, higher yield savings and investment accounts, and low or no fee convenience services in addition to the friendly, unmatched member service provided. As a not-for profit financial cooperative, you have the assurance of knowing that your money is safe and secure because it is Federally Insured, through the National Credit Union Administration (NCUA).
* APR based on $200,000 loan amount. APR will change depending on loan amount.NMLS # 401087 © Denver Mortgage Rates.