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Home Buyers:
 
Home Owners:
 
Additional Information:
          
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ATTENTION BORROWER!
This may be the largest and most important
loan you get during your lifetime. You should be aware of certain rights
before you enter into any loan agreement.
- You have the RIGHT to shop for the best loan for you and compare the
charges of different mortgage brokers and lenders.
- You have the RIGHT to be informed about the total cost of your loan
including the interest rate, points and other fees.
- You have the RIGHT to ask for a Good Faith Estimate of all loan and
settlement charges before you agree to the loan and pay any fees.
- You have the RIGHT to know what fees are not refundable if you decide
to cancel the loan agreement.
- You have the RIGHT to ask your mortgage broker to explain exactly
what the mortgage broker will do for you.
- You have the RIGHT to know how much the mortgage broker is getting
paid by you and the lender for your loan.
- You have the RIGHT to ask questions about charges and loan terms that
you do not understand.
- You have the RIGHT to a credit decision that is not based on your
race, color, religion, national origin, sex, marital status, age, or
whether any income is from public assistance.
- You have the RIGHT to know the reason if your loan was turned down.
- You have the RIGHT to ask for the HUD settlement costs booklet "Buying
Your Home."
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NEED
TO KNOW - MORTGAGE INFORMATION