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CHFA Loan No: 5005308 After Recording Return To: Colorado Housing and Finance Authority 1981 Blake Street Denver, Colorado 802021272 Attn: Jocelyn Bailey, ParalegalSUBORDINATION OF DEED OF TRUST THIS
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How to fill out subordination of deed of

01
Obtain a copy of the original deed of trust.
02
Fill out the subordination agreement form which can typically be obtained from the lender or a legal document provider.
03
Provide all necessary information including the property address, names of all parties involved, loan details, and any other relevant information.
04
Sign the subordination agreement in the presence of a notary public or witness as required by local laws.
05
Submit the signed subordination agreement to the lender or relevant party for processing.

Who needs subordination of deed of?

01
Anyone who is looking to refinance their mortgage and has an existing deed of trust on the property may need a subordination of deed of in order to prioritize the new loan over the existing one.
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Subordination of deed of refers to the process in which a lender agrees to surrender its priority position in terms of securing a debt, allowing a subsequent lender to have a higher claim against the property in case of default.
The current lien holder or mortgagee who wants their lien to be junior to a new lien must file the subordination of deed.
To fill out a subordination of deed, you typically need to provide the original deed details, the description of the property, the terms of the new loan, and the consent of the parties involved, all of which should be signed and notarized.
The purpose of subordination of deed is to allow the refinancing of existing debt or to enable new lenders to secure their loans against a property while accounting for existing liens.
The information that must be reported includes the names of the parties involved, the property description, the terms of the subordination, and the details of the original and new loans.
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