Colorado Western can get you the cash you need to consolidate and pay off those delinquent bills.

Debt consolidation loans for homeowners are loans that are secured by the equity the homeowner has in their home.  At Colorado Western we offer a number of ways to access this equity, each one specifically designed to meet your individual needs. Our debt consolidation loans for homeowners fall into one of the three following categories:

Refinance of your current mortgage. Based upon your circumstances, we may be able to structure a new first mortgage that provides you with the cash you need and a new lower single payment.  

Home equity loans or second mortgages - These loans include “close end” or fixed amount home equity loans and home equity lines of credit, or HELOC 's.  Borrowing with an equity second normally allows you to obtain a better terms than non-secured or revolving debt due to the fact that the loan is secured by your property.  

Over Equity Seconds - Over equity seconds are second mortgages that lend you money over and above the value of your property. Over-equity seconds are commonly known as "125's" or "115's" because they allow a lender to loan you money at 125% or 115% of your property’s value. Borrowing with an over-equity second allows you to obtain a loan when a personal loan may have not been possible. At Colorado Western, we can provide you with any of these loans simply fill out our Quick APP or call us today at 303-786-7575 or 1-800-DENVER, CO to discuss your options.

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