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Helpful Consumer Resources

Answer Home Loans News: https://www.answerhomeloans.com/blog

A selection of Online Forms:

To assist you in your mortgage process, we have provided certain forms you might need along the way. Included is obviously the Mortgage Application Form which you can download and print. The application should be completed with the assistance of a mortgage professional.

Mortgage Application
Mortgage Application – Spanish Version

Borrower Certification & Authorization
Credit Report Authorization

A list of terms and mortgage definitions:  https://www.consumerfinance.gov/consumer-tools/mortgages/key-terms/

Consumer Financial Protection Bureau – Understanding Loan Options: https://www.consumerfinance.gov/owning-a-home/loan-options  

Consumer Financial Protection Bureau – Credit Reporting Checklist: https://s3.amazonaws.com/files.consumerfinance.gov/f/documents/201701_cfpb_Credit-report-review-checklist.pdf

Consumer Financial Protection Bureau – Spending Checklist: https://s3.amazonaws.com/files.consumerfinance.gov/f/documents/Spending-Tracker_Owning-a-Home_CFPB.pdf

PMI Calculator – Conforming Loans

(Note: PMI rates can vary. Know your lenders PMI company and quote through them)

MGIC’s web based PMI Calculator:
www.mgic.com/rates/ratefinder.html

PMI’s web based PMI Calculator:
http://www.pmi-us.com/ratequote/

Reverse Mortgage Calculator

AARP – AARP’s Reverse Mortgage Calculator:
http://www.rmaarp.com/

NRMLA – Reverse Mortgage Calculator – Refinance:
http://rmc.ibisreverse.com/default_nrmla.aspx

NRMLA – Links Page for information:
https://www.nrmlaonline.org/

Fannie Mae – Fannie’s information source web site:
www.fanniemae.com

Freddie Mac – Freddie’s information source web site:
www.freddiemac.com

Freddie Mac Bulletins and Industry Letters:
www.freddiemac.com/sell/guide/bulletins/

HUD’s Settlement Cost Booklet:
https://www.hud.gov/offices/hsg/ramh/res/Settlement-Booklet-January-6-REVISED.pdf

The Federal Reserve Board – Consumer Handbook on Adjustable-Rate Mortgages (CHARM):
http://files.consumerfinance.gov/f/201401_cfpb_booklet_charm.pdf

HUD Clips – HUD’s Information & policies web site:
portal.hud.gov/hudportal/HUD
https://portal.hud.gov/hudportal/HUD?src=/program_offices/administration/hudclips

VA – VA site for Veteran’s and Lenders Benefits and Services:
http://www.benefits.va.gov/homeloans/

VA Forms – VA’s Veteran’s Benefits and Administration:
http://www.benefits.va.gov/homeloans/index.asp

FHA – CONFORMING – REVERSE Loan Limits Link:
https://entp.hud.gov/idapp/html/hicostlook.cfm

FHA- Income Limits:
http://www.huduser.org/DATASETS/il.html

Mortgage Bankers Association – The MBA’s Online Resource Center:
www.mbaa.org/

National Association of Mortgage Brokers – NAMB’s home page:
www.namb.org/

National Association of Professional Mortgage Women:
www.napmw.org/

National Mortgage News – Daily news and information:
www.nationalmortgagenews.com

Industry News – Mortgage Daily News & Tools website:
www.mortgagedaily.com

Bloomberg – Financial News and Data site:
www.bloomberg.com/

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