In Colorado, home loans are secured by a Deed of Trust instead of a mortgage.
- A third party trustee must be named to hold title to the property until the loan, interest and any related charges are paid in full. Colorado law requires this to be a public trustee.
- If the borrower breaches the provisions of the Deed of Trust, the home will be foreclosed.
- The form contains all the necessary standard uniform and non-uniform covenants and provisions required by State and federal laws.
This Deed of Trust form is an essential piece of documentation for every Colorado lender. Buy and download the form for your loans officers.
Last Updated: 14-April-2016