Saving Grace, but not her home

“I love my house. I love my neighborhood. I love my neighbors,” Grace said.

Grace moved to Denver from the Carbondale area in 2008. Even though she did not have a job at the time, she was able to buy the cute little, one-bedroom, one-bath home in the Sunnyside neighborhood in northwest Denver for about $128,000. Anyone who has paid any attention to the stricter loan underwriting, knows that would not happen today.

But she soon found a job in the non-profit sector, where she had worked for the past 20 years.

Almost as quickly, she was laid off.

Read more from the In Denver Times

Related News

  • No Related Post

Posted in Bank News, Banking | Leave a comment

Leave a Reply

Useful Information

Mortgage Calculators, Auto Loan Calculators, Personal Finance Calculators, Student Loan Calculators, Loan Modification, Loan Articles, Loan News