Get Colorado Housing Enterprises Llc Subordination Checklist

Completing the Colorado Housing Enterprises LLC Subordination Checklist is an important step for individuals seeking to manage their housing finances effectively. This guide offers clear and detailed instructions on how to fill out the form online, ensuring you have all the necessary information at your fingertips.

Follow the steps to complete the checklist accurately and efficiently.

1. Press the ‘Get Form’ button to obtain the Colorado Housing Enterprises LLC Subordination Checklist and open it in your online editor.
2. Fill out the borrower information section by entering your name(s), CHE loan number, borrower address, date of original loan, borrower email, and current balance. Make sure to provide accurate contact details.
3. In the requestor information section, include the company name requesting the subordination.
4. Complete the recipient information section. Enter the company name that will receive the documents, along with the street address, city, state, and zip code for both the sender and recipient. Provide the appropriate email addresses and phone numbers.
5. For shipping details, enter the name for the new 1st mortgage lender as it should appear on documents, as well as the shipping account number, which is required.
6. Fill out loan information for both the existing 1st mortgage and the new 1st mortgage, including amounts, payments, rates, terms, loan numbers, and closing dates as applicable.
7. In the ‘Benefit to Borrower’ section, provide a concise description of the borrower’s benefit from the subordination.
8. Prepare the required documentation as outlined on page two, ensuring you include all necessary documents like the benefit to borrower letter, loan approval for the new 1st mortgage, completed forms 1003 and 1008, GFE, credit report, copies of identification, and income documentation.
9. Once all sections are filled out and documentation is prepared, review your entries for accuracy, then save changes, download, print, or share the completed checklist and attachments as needed.

Complete your Colorado Housing Enterprises LLC Subordination Checklist online today to streamline your housing finance process.