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Mortgage: Whom to Contact
Where can I get a list of mortgage brokers?
For information on mortgage brokers, contact the National Association of Mortgage Brokers 8201 Greensboro Dr., Ste. 300, McLean, VA 22102; (703) 610-9009; www.namb.org.
Where do I get information on correcting loan payments?
The following auditing services can do a thorough review of residential mortgages for lender calculation errors:
But keep in mind that these services come with a fee, and your lender should be able to work with you to make your own accurate calculation.
Where do I get information on finding the best loan?
For information on how to find the best home loan for you, check out this booklet:
- "How to Shop for a Mortgage," by the Mortgage Bankers Association of America, 1919 Pennsylvania Ave. N.W., Washington, DC 20006-3404; call (202) 557-2700; www.mbaa.org.
Where do I get information on lease options?
Contact your real estate agent (some even specialize in such transactions) or read up on lease options at the public library. If you have a real estate attorney, ask if he or she has any prepared information you can review. Most bookstores have a fairly hefty real estate book section these days. Many current real estate books have at least a section on lease options.
If you are considering a lease option, be sure you do your homework first. And have an attorney or financial advisor on hand to review any paperwork before you sign.
Where do I get information on mortgages?
For information on mortgages, check out the following sources for information:
- American Bankers Association; 1120 Connecticut Ave. N.W., Washington, DC 20036; (800) BANKERS; www.aba.com.
- Mortgage Bankers Association of America, 1919 Pennsylvania Ave. N.W., Washington, DC 20006-3404; call (202) 557-2700; www.mbaa.org.
Where do I get information on PMI?
Look for tips in "A Mortgage Insurance Guidebook," or "How to Buy a Home with a Low Down Payment," available at the Federal Citizen Information Center.
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