Mortgages
Articles
- A Consumer's Guide to Mortgage Lock-Ins. Covers the options available for setting the mortgage terms. From the Federal Reserve Board.
- Avoiding Home Equity Scams. Cautions homeowners on equity stripping, loan flipping, credit insurance packing, bait and switch, and deceptive loan servicing. From the Federal Trade Commission.
- Consumer Handbook on Adjustable-Rate Mortgages. Covers ARMs, types of ARMs and consumer cautions. From the Federal Reserve Board.
- Consumer's Guide to Loan Brokers. Covers the parties involved in the mortage processs and issues borrowers encounter with loan brokers. From the Indiana Secretary of State.
- Finding a Down Payment to Buy a House. Covers how to buy a starter house with a modest down payment. From Nolo.
- Home Equity Loans: Borrowers Beware! Discusses how taking a loan based on your home equity can put your house at risk. From the Federal Trade Commission.
- How Do I Get Ride of My PMI (Private Mortgage Insurance)? Covers when you can ask your mortgage company to cancel your private mortgage insurance. From Nolo.
- Mortgage Discrimination. Covers consumer rights under the Equal Credit Opportunity Act (ECOA) and the Fair Housing Act (FHA). From the Federal Trade Commission.
- Need a Loan? Think Twice About Using Your Home as Collateral. Covers how problems with making required payments while refinancing or on a second mortgage can cost you your home as well as any equity you've built up. From the Federal Trade Commission.
- Qualifying for a Mortgage. Covers the formula banks use to determine how much mortgage you can afford. From Nolo.
- Reverse Mortgages: Get the Facts Before Cashing In On Your Home's Equity. Covers the different types of reverse mortgages, as well as the loan features. From the Federal Trade Commission.
- Shopping for a Mortgage Online. Explores the benefits and alerts you to the potential pitfalls of shopping for your mortgage online. From Nolo.
