WHOM TO CONTACT

Where can I get a list of mortgage brokers?
Where do I get information on correcting loan payments?
Where do I get information on finding the best loan?
Where do I get information on lease options?
Where do I get information on mortgages?
Where do I get information on PMI?

 

Where can I get a list of mortgage brokers? [back to top]

For information on mortgage brokers, contact the National Association of Mortgage Brokers 8201 Greensboro Dr., Ste. 300, McLean, VA 22102; (703) 610-9009; namb.org.

 

Where do I get information on correcting loan payments? [back to top]

The following auditing services can do a thorough review of residential mortgages for lender calculation errors:
* Mortgage Monitor, 1100 Summer Street, Samford, 06905; (203) 973-0288; mortgagemonitor.com.
* Loantech, Box 3635, Gaithersburg, MD 20885; (301) 762-7700; loantech.com.

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? [back to top]

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; mbaa.org.

 

Where do I get information on lease options? [back to top]

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? [back to top]

For information on mortgages, check out the following sources for information:
* American Bankers Association; 1120 Connecticut Ave. N.W., Washington, DC 20036; (800) BANKERS; aba.com.
* Mortgage Bankers Association of America, 1919 Pennsylvania Ave. N.W., Washington, DC 20006-3404; call (202) 557-2700; mbaa.org.

 

Where do I get information on PMI? [back to top]

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.

Lou Ann Brannan
Lou Ann Brannan
1250 West Main Street Meriden CT 06451