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A Loan Estimate is a three-page form that you receive after applying for a mortgage.

Not all home loans are the same. Use our guide to understand how your loan choice affects your monthly payment, your overall costs, and the level of risk.

The CFPB and the New York State Office of the Attorney General sued a predatory auto lender, Credit Acceptance Corporation, for misrepresenting the cost of credit and tricking its customers into high-cost loans on used cars.

Owner’s title insurance protects the homeowner if someone sues and says they have a claim against the home from before the homeowner purchased it.

There are many options for making down payments. The amount of your down payment will vary by the loan you choose and the lender’s requirements. 

The review panel will solicit feedback from small businesses that make mortgage loans and conduct mortgage closings.

Private mortgage insurance (PMI) is a type of mortgage insurance you might be required to buy if you take out a conventional loan with a down payment of less than 20 percent of the purchase price.

As you explore loan choices, follow these steps to meet with lenders, ask questions, and decide what kind of mortgage is right for you.

When you are shopping for a loan, you may contact more than one potential lender to compare available options. If you intend to proceed with a particular mortgage application, you must notify your lender of your intent to proceed by telling the lender you want to move forward with the application for that loan. 

Payday loans are short-term and usually have much larger fees than other loans. You should consider if you can pay it back on time, what other choices you may have, how much will it cost, and how safe your personal information is online.

As you explore loan choices, follow these steps to meet with lenders, ask questions, and decide what kind of mortgage is right for you.

This number tells you the total amount of money you will have paid over the life of your mortgage.

A VA home loan is a special loan offered by the Department of Veterans Affairs (VA) to help servicemembers, veterans and their families buy homes.

Signing your closing documents is the final step in the homebuying process. Here’s a breakdown of the paperwork and other things you need to keep track of.

Thank you all for joining us today. We have convened this forum to discuss one of the most significant, yet stressful times in the lives of consumers –...

A Good Faith Estimate, also called a GFE, is a document that a lender must provide when you apply for a reverse mortgage. The GFE lists basic information about the terms of the loan offer.

Your home equity can provide access to needed funds during the coronavirus pandemic. But before refinancing or getting a home equity loan, look at all of your options to determine the best choice for your finances now, and in the future.

Homeowner’s insurance pays for losses and damage to your property if something unexpected happens, like a fire or burglary. When you have a mortgage, your lender wants to make sure your property is protected by insurance. That’s why lenders generally require proof that you have homeowner’s insurance.

Get ready to buy a home this year by visiting CFPB’s online resources.

Not all home loans are the same. Use our guide to understand how your loan choice affects your monthly payment, your overall costs, and the level of risk.