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Guiding Borrowers to the right decisions
Protecting borrowers from mortgage predators
Who Are You?
First-Time Home Buyer
Elderly Home Owner
Borrower With Payment Problems
Borrower Seeking Loan Modification
Borrower Selecting Loan Type
Borrower Refinancing to Lower Cost
Mistakes to Avoid
Buying a House
Building a House
Shopping for a Mortgage
Qualifying for a Mortgage
Selecting the Mortgage
Locking the Price
Taking a Second Mortgage
Managing the Mortgage
Questions by Topic
Adjustable Rate Mortgages
Building a House
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Financing House Purchase or Construction
Refinancing a Mortgage
Obtaining a Reverse Mortgage
What Makes a Certified Network Lender?
How to Qualify For a Mortgage
How to Shop For a Mortgage
How to Lock the Price of a Mortgage
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Choosing Between ARMs and FRMs
Selecting Among Different FRMs
Selecting Among Different ARMs
Selecting a Rate/Point Combination
How Large a Down Payment to Make
Whether to Waive Escrow
Whether to Accept a Prepayment Penalty
Locking the Loan
Interest Only Mortgage
List of Calculators
Questions on Mortgage Term
What is the Difference Between the Term and the Maturity? Under What Conditions Does an Extension of the Term Result in a Large Reduction in the Monthly Payment? Why Do Borrowers Anxious to Build Wealth Usually Select the Shortest Term They Can Afford? Under What Circumstances Would a Borrower Anxious to Build Wealth, Who Can Afford the Payment on a Shorter Term, Nevertheless Select a Longer Term?
What Factors Should Be Considered in Choosing Between a 30-Year and a 15-Year Loan
In What Sense Can the Selection of a Shorter Term Be Viewed as an Investment Yielding a Return? How Large is the Return Likely to Be? Why Is the Return Higher if You Put Less than 20% Down?
Why Is a 15-Year Mortgage Usually a Better Choice Than a Biweekly?
If the Interest Rate Is the Same, Is There Any Advantage of a 10-Year Loan Over a 15-Year Loan Plus An Extra Monthly Payment?
What Is the Best Way to Keep the Original Term When You Refinance?
Why Are 40-Year Mortgages of Little Value to Borrowers? What Is a Residual Balance Loan, and What Are its Advantages?
Can You End Up Richer by Taking a Longer Term and Investing the Difference in Cash Flows Between Long-Term and Short-Term?
Is There A Good Reason Why a Borrower Who Can Afford the Payment On a 15-Year Mortgage Should Take a 30-Year Instead?
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