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Whom to Contact (Home Loan
Options) - Q & A
| Q: |
Where do I
get information on lease options? |
| A: |
For
information on lease options, "How Lease Options Benefit Realty
Buyers, Sellers, Agents and Investors" is available for from
Tribune Media Services, 435 N Michigan #1500, Chicago IL 60611.
1-800-245-6536,or "Publication House", Burlingram CA.
1-800-736-1736 |
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| Q: |
Where do I
get information on finding the best loan? |
| A: |
For
information on how to find the best home loan, check out this booklet:
* "How to Shop for a Mortgage," by the Mortgage Bankers
Association of America, 1125 15th St., N.W., Washington, DC 20005; call
(202) 861-6500.
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| Q: |
Where do I
get information on mortgages? |
| A: |
For
information on mortgages, check out the following sources for
information:
* American Bankers Association; (202) 663-5000.
* Mortgage Bankers Association of America, 1125 15th St., N.W.,
Washington, DC 20005; (202) 861-6500. |
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| Q: |
Where do I
get information on correcting loan payments? |
| A: |
The
following auditing services can do a thorough review of residential
mortgages for lender calculation errors:
* Mortgage Monitor; 1372 Summer Street,
Samford, 06905; (800)
AUDIT-USA.
* Loantech, (301) 762-7700.
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.
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| Q: |
Where can I
get a list of mortgage brokers? |
| A: |
For
information on mortgage brokers, contact the National Association of
Mortgage Brokers at (703) 610-9009 |
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| Q: |
Where do I
get information on PMI? |
| A: |
Look
for tips in "A Mortgage Insurance Guidebook," or "How to
Buy a Home with a Low Down Payment," published by the Mortgage
Insurance Companies of America,805 15th St., N.W., Suite 1110,
Washington, DC 20005; call (202) 393-5566 to order. |
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| Q: |
How do I
monitor my ARM loan? |
| A: |
Consumer
Loan Advocates publishes a book with form letters and worksheets to help
people who want to check mortgage payments or adjustments on their own.
It costs $19.95 plus $4 shipping and handling. For a copy, write or call
Consumer Loan Advocates, 655 Rockland Road, Lake Bluff, IL 60044; (847)
615-0024. |
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Copyright 1999 Inman News Features
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