Mortgage Loan Product Worksheet .pdf

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Transcript of Mortgage Loan Product Worksheet .pdf

  • 7/29/2019 Mortgage Loan Product Worksheet .pdf

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    A Message from

    ILLINOIS ATTORNEY GENERAL

    Lisa Madigan

    Obtaining a mortgage is likely one of

    the most significant financial deci-

    sions you will make in your lifetime.

    Asking the right questions before

    you choose a loan can mean the dif-ference between obtaining a loan

    you can afford and losing your home

    to foreclosure.

    With the expansion of the mortgage marketplace over

    the past few years and the creation of new products

    and programs, it is important to understand the terms

    of the loans being offered to you so you can make

    informed choices.

    If you are thinking about getting a mortgage loan, Iurge you to take the time to learn about your options.

    If you need help, you should contact a local HUD-

    approved housing counseling agency. The counselors

    offer a variety of services free of charge to eligible

    borrowers who are shopping for a first mortgage or a

    home improvement loan, are behind in their mortgage

    payments, or wish to refinance an excessively high-cost

    loan.

    A list of HUD-approved housing counseling agencies

    in your area can be found at www.hud.gov or on my

    Web site at www.illinoisattorneygeneral.gov.

    Lisa Madigan

    Illinois Attorney General

    Looking for a

    Home Loan?

    Loan Product

    Comparison

    Worksheet

    neighborhoods.chicago.il.us

    LISAMADIGAN

    ILLINOIS ATTORNEY GENERAL

    To obtain more information about predatorylending or to file a consumer complaint against a

    predatory lender, contact the Illinois Attorney

    General's Office.

    Consumer Fraud Hotlines

    Chicago

    1-800-386-5438

    TTY: 1-800-964-3013

    Springfield

    1-800-243-0618

    TTY: 1-877-844-5461

    Carbondale

    1-800-243-0607

    TTY: 1-877-675-9339

    www.IllinoisAttorneyGeneral.gov

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    Lookingfora

    HomeLoan?

    LoanProductWorksheet