home equity loan or

FRB: Putting Your Home on the Loan Line Is Risky Business ESPAÑOL Are you in need of cash? Do you want to consolidate your debts? Are you receiving home equity loan or refinancing offers that seem too good to be true? Does your home need repairs that contractors tell you can be easily financed? If you are a homeowner who needs money to pay bills or for home repairs, you may think a home equity loan is the answer. But not all loans and lenders are the same--you should shop around. The cost of doing business with high-cost lenders can be excessive and, sometimes, downright abusive. For example, certain lenders--often called "predatory lenders"--target homeowners who have low incomes or credit problems or who are elderly by deceiving them about loan terms or giving them loans they cannot afford to repay. Borrowing from an unscrupulous lender, especially one who offers you a high-cost loan using your home as security, is risky business. You could lose your home and your money. Before you sign on the line, Think about your options Do your homework Think twice before you sign Know that you have rights under the law Think about Your Options If you’re having money problems, consider these options before you put your home on the loan line. Talk with your creditors or with representatives of non-profit or other reputable credit or budget counseling organizations to work out a plan that reduces your bill payments to a more manageable level. Contact your local social service agency, community or religious groups, and local or state housing agencies. They may have programs that help consumers, including the elderly and those with disabilities, with energy bills, home repairs, or other emergency needs. Contact a local housing counseling agency to discuss your needs. Call the U.S. Department of Housing and Urban Development toll-free at 800-569-4287 or visit www.hud.gov/offices/hsg/sfh/hcc/hccprof14.cfm to find a center near you. Talk with someone other than the lender or broker offering the loan who is knowledgeable and you trust before making any decisions. Remember, if you decide to get a home equity loan and can’t make the payments, the lender could foreclose and you would lose your home. If you decide a loan is right for you, talk with several lenders, including at least one bank, savings and loan, or credit union in your community. Their loans may cost less than loans from finance companies. And don’t assume that if you’re on a fixed income or have credit problems, you won’t qualify for a loan from a bank, savings and loan, or credit union--they may have the loan you want! Do Your Homework Contact several lenders--and be very careful about dealing with a lender who just appears at your door, calls you, or sends you mail. Ask friends and family for recommendations of lenders. Talk with banks, savings and loans, credit unions, and other lenders. If you choose to use a mortgage broker, remember they arrange loans but most do not lend directly. Compare their offers with those of other direct lenders. Be wary of home repair contractors that offer to arrange financing. You should still talk with other lenders to make sure you get the best deal. You may want to have the loan proceeds sent directly to you, not the contractor. Comparison shop. Comparing loan plans can help you get a better deal. Whether you begin your shopping by reading ads in your local newspapers, searching on the Internet, or looking in the phone book, ask lenders to explain the best loan plans they have for you. Beware of loan terms and conditions that may mean higher costs for you. Get answers to these questions and use the worksheet to compare loan plans: Interest Rate and Payments What are the monthly payments? Ask yourself if you can afford them. What is the annual percentage rate (APR) on the loan? The APR is the cost of credit, expressed as a yearly rate. You can use the APR to compare one loan with another. Will the interest rate change during the life of the loan? If so, when, how often, and by how much? Term of Loan How many years will you have to repay the loan? Is this a loan or a line of credit? A loan is for a fixed amount of money for a specific period of time; a line of credit is an amount of money you can draw as you need it. Is there a balloon payment--a large single payment at the end of the loan term after a series of low monthly payments? When the balloon payment is due, you must pay the entire amount. Points and Fees What will you have to pay in points and fees? One point equals 1 percent of the loan amount (1 point on a $10,000 loan is $100). Generally, the higher the points, the lower the interest rate. If points and fees are more than 5 percent of the loan amount, ask why. Traditional financial institutions normally charge between 1 and 3 percent of the loan amount in points and fees. Are any of the application fees refundable if you don’t get the loan? How and how much will the the lender or broker be paid? Lenders and brokers may charge points or fees that you must pay at closing or add on to the cost of your loan, or both. Penalties What is the penalty for late or missed payments? What is the penalty if you pay off or refinance the loan early (that is, is there a pre-payment penalty)? Credit Insurance Does the loan package include optional credit insurance, such as credit life, disability, or unemployment insurance? Depending on the type of policy, credit insurance can cover some or all of your payments if you can't make them. Understand that you don’t have to buy optional credit insurance--that’s why it’s called “optional.” Don’t buy insurance you don’t need. Credit insurance may be a bad deal for you, especially if the premiums are collected up-front at the closing and financed as part of the loan. If you want optional credit insurance, ask if you can pay for it on a monthly basis after the loan is approved and closed. With monthly insurance premiums, you don't pay interest and you can decide to cancel if the premiums are too high or if you believe you no longer want the insurance. After you have answers to these questions, start negotiating with more than one lender. Don’t be afraid to make lenders and brokers compete for your business by letting them know you are shopping for the best deal. Ask each lender to lower the points, fees, or interest rate. And ask each to meet--or beat--the terms of the other lenders. Once You’ve Selected a Lender, Get the Following A “Good Faith Estimate” of all loan charges. The estimate must be sent within 3 days of applying. Blank copies of the forms you’ll sign at closing, when the loan is final. Study them. If you don’t understand something, ask for an explanation. Advance copies of the forms you’ll sign at closing with the terms filled in. A week or two before closing, contact the lender to find out if there have been any changes in the Good Faith Estimate. By law, you can inspect the final settlement statement (also called the HUD-1 or HUD-1A form) one day prior to closing. Study these forms. Write down any questions you want to ask. Think Twice before You Sign Have a knowledgeable friend, relative, attorney, or housing counselor review the Good Faith Estimate and other loan papers before you sign the loan contract. Be sure the terms are the same ones you agreed to. For example, a lender should not promise one APR and then--without good reason--increase it at closing. Refer to the list of questions you’ve written down. Ask where these terms are covered in the loan contract. And ask for an explanation of any dollar amount or term you don’t understand. Don’t let anyone rush you into signing the loan contract. Make sure all promises, oral and otherwise, are put in writing. It’s only what’s in writing that counts. Get a copy of the documents you signed before you leave the closing. Don’t Sign on the Dotted Line if the Lender … Tells you to falsify information on the loan application (for example, suggests that you write down more income than you really have). Pressures you into applying for a loan for more money than you need, or one that has monthly payments larger than you can afford. Promises one set of terms but gives you another with no good reason for the change. Tells you to sign blank forms or forms that aren't completely filled in. If an item is supposed to be blank, draw a line through the space and initial it. Pressures you to sign today. A good deal today should be available tomorrow. Know that You Have Rights under the Law You Have 3 Business Days to Cancel the Loan If you're using your home as security for a home equity loan (or for a second mortgage loan or a line of credit), federal law gives you 3 business days after signing the loan papers to cancel the deal--for any reason--without penalty. You must cancel in writing. The lender must return any money you have paid to date. Do You Think You've Made a Mistake? Has the 3-day period during which you may cancel passed and you're worried that you've gotten in over your head? Do you think your loan fees were too high? Do you believe you were steered into monthly payments you can't afford? Has your lender repeatedly pressured you to refinance? Is your loan covered by insurance you don't need or want? If you think you've been taken advantage of, state and federal laws may protect you. Also, the following organizations may be able to help: Your local or state bar association--sometimes listed under "Lawyers Referral Service" in the Yellow Pages of your phone book. The association may be able to refer you to low-cost or no-cost lawyers who can help. Your local consumer protection agency, state attorney general’s office, or state office on aging, listed in the Blue Pages of your phone book. Your local fair housing group or affordable housing agency, housing counseling agency, or state housing agency. You can learn more about credit and home equity loans by visiting the federal government’s web site for consumers, www.consumer.gov (see the Home and Community section). If you don’t have access to the Internet, ask a friend or relative to get the information for you. Or visit your local library or senior center, which may offer you free access to the Internet on their computers. For More Information State Banks that Are Members of the Federal Reserve System Division of Consumer and Community Affairs Mail Stop 801 Federal Reserve Board Washington, DC 20551 (202) 452-3693 www.federalreserve.gov Federally Insured State Non-Member Banks and Savings Banks Federal Deposit Insurance Corporation Consumer Response Center 2345 Grand Boulevard, Suite 100 Kansas City, Missouri 64108 (877) 275-3342 www.fdic.gov National Banks and National Bank-Owned Mortgage Companies Office of the Comptroller of the Currency Customer Assistance Group 1301 McKinney Street Suite 3450 Houston, TX 77010 (800) 613-6743 www.occ.treas.gov Federally Insured Savings and Loan Institutions and Federally Chartered Savings Banks Office of Thrift Supervision Consumer Programs 1700 G Street, N.W., 6th Floor Washington, DC 20552 (800) 842-6929 www.ots.treas.gov Federal Credit Unions National Credit Union Administration Office of Public and Congressional Affairs 1775 Duke Street Alexandria, VA 22314 (703) 518-6330 www.ncua.gov For state-chartered credit unions, contact your state's regulatory agency. Mortgage Companies and Other Lenders Federal Trade Commission Consumer Response Center 600 Pennsylvania Avenue, N.W. Washington, DC 20580 (877) FTC-HELP (877-382-4357, toll free) www.ftc.gov Other Information Sources U.S. Department of Justice Civil Rights Division 950 Pennsylvania Ave., N.W. Housing and Civil Enforcement Section, NWB Washington, DC 20580 (202) 514-4713 www.usdoj.gov/crt/housing/index.html Federal Housing Finance Board 1777 F Street, N.W. Washington, DC 20006 (202) 408-2500 www.fhfb.gov Department of Housing and Urban Development 451 7th Street, S.W. Washington, DC 20410 800-669-9777 (voice) 800-927-9275 (TTY) www.hud.gov Office of Federal Housing Enterprise Oversight (OFHEO) 1700 G Street, N.W. 4th Floor Washington, DC 20552 (202) 414-6922 www.ofheo.gov Adobe acrobat version of text for printing (119 KB PDF) is formatted for printing on two sides of a 11 x 17" sheet of paper. Fold the paper in half. The PDF contains a fillable area on the back panel for you to provide your own contact information. Worksheet for printing (58 KB PDF) Obtaining the Acrobat Reader from the Adobe Web Site This information was prepared by the following federal agencies: Department of Housing and Urban Development, Department of Justice, Federal Deposit Insurance Corporation, Federal Housing Finance Board, Federal Reserve Board, Federal Trade Commission, National Credit Union Administration, Office of Federal Housing Enterprise Oversight, Office of the Comptroller of the Currency, Office of Thrift Supervision. Home | Brochures Accessibility | Contact us Last update: March 24, 2004

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Plymouth property, houses and flats for sale and rent from estate agents in Plymouth, UK -- | News | Sport | Community | cars homes lettings jobs my thisis Feedback | Contact us Houses for Sale Homes to Rent New Developments Agent Directory my thisis Business Search House Prices Homes for sale - search Location* eg Leeds or RG1 Minimum price £ £10,000 £20,000 £25,000 £30,000 £35,000 £40,000 £45,000 £50,000 £60,000 £70,000 £80,000 £90,000 £100,000 £110,000 £120,000 £130,000 £140,000 £150,000 £160,000 £170,000 £180,000 £190,000 £200,000 £225,000 £250,000 £275,000 £300,000 £325,000 £350,000 £375,000 £400,000 £425,000 £450,000 £475,000 £500,000 £550,000 £600,000 £650,000 £700,000 £800,000 £900,000 £1,000,000 £1,500,000 £2,000,000 £3,000,000 Maximum price £ £20,000 £25,000 £30,000 £35,000 £40,000 £45,000 £50,000 £60,000 £70,000 £80,000 £90,000 £100,000 £110,000 £120,000 £130,000 £140,000 £150,000 £160,000 £170,000 £180,000 £190,000 £200,000 £225,000 £250,000 £275,000 £300,000 £325,000 £350,000 £375,000 £400,000 £425,000 £450,000 £475,000 £500,000 £550,000 £600,000 £650,000 £700,000 £800,000 £900,000 £1,000,000 £1,500,000 £2,000,000 £3,000,000 Minimum bedrooms No preference Studio At least One At least Two At least Three At least Four At least Five Property type No preference House - Detached House - Semi-detached Flat/Apartment House - Other Bungalow Other Advanced search Find estate agents in Plymouth Use our directory to find estate agents in Plymouth and Devon. Location (eg Plymouth) Estate agent's name Save adverts, set up email alerts... SIGN IN | register Plymouth estate agents with Plymouth property for sale Alan Cummings & Co Beresford Ward Bettisons Broughton Nott Cambridge James Falcon Hennings Property Centres Ltd Hunt Associates Jefferys Lang And Co Maitlands Estate Agents Ltd Mansbridge & Balment Miller & Son Moving On Northwood PLC Properties Plymouth Property Centre Popes Estate Agents Property Links Ltd Richard Dolton Swift Your Move To check the actual price paid for any house sold in the past five years, visit www.housepricemaps.co.uk Click on a town or village to see the houses and property for sale in that area from estate agents across Plymouth and Devon: Plymouth: Barbican | Barne Barton | Beacon Park | Belliver | Billacombe | Brick Fields | Broadway | Budshead | Bull Point | Camels Head | Cattedown | Chaddlewood | Colebrook | Coxside | Crownhill | Derriford | Devonport | Dunstone | Efford | Eggbuckland | Elburton | Embankment | Ernesettle | Estover | Ford | Glenholt | Goosewell | Greenbank | Ham | Ham Drive | Hartley | Higher Compton | Honickknowle | Hooe | Keyham | Kings Tamerton | Laira | Leigham | Lipson | Mainstone | Manadon | Mannamead | Marsh Mills | Milehouse | Millbay | Morice Town | Mount Gould | Mountwise | Mutley | Newham | North Prospect | North Road | Oreston | Pennycomequick | Pennycross | Peverell | Plymouth | Plympton | Plympton St Maurice | Plymstock | Pomphlett | Prince Rock | Ridgeway | Roborough | Southway | St Budeaux | St Judes | Staddiscombe | Stoke | Stonehouse | Tamerton Foliot | Turnchapel | Underwood | West Hoe | West Park | Weston Mill | Whitleigh | Widewell | Woodford | Woolwell Surrounding Villages and Towns: Anthony | Bere Alston | Bere Ferrers | Bickleigh | Brixton | Cargreen | Carkeel | Cawsand | Clearbrook | Cornwood | Crapstone | Cremyll | Down Thomas | Downderry | Ermington | Hatt | Hemerdon | Heybrook Bay | Ivybridge | Kingsand | Landrake | Landuph | Langage | Lee Mill | Lee Moor | Liskeard | Lutton | Millbrook | Milton Combe | Newton Ferrers | Noss Mayo | Rame | Saltash | Shaugh Prior | Sparkwell | St Germans | St Mellion | St Stephens | Tavistock | Torpoint | Trematon | Trerulefoot | Wembury | Whitsand Bay | Wotter | Yealmpstone | Yealmpton | Yelverton More houses and flats for sale and rent in Plymouth, from estate agents at houses.forsaleinPlymouth.co.uk Estate Agents with houses and property for sale in Plymouth: Alan Cummings & Co Estate Agents, 12 Eggbuckland Rd, Mannamead, Plymouth, Devon, PL3 5HE | Beresford Ward Estate Agents, 20 Mannamead Rd, Plymouth, Devon, PL4 7AA | Bettisons Estate Agents, The Old Bakery, Market St, Yealmpton, Plymouth, Devon, PL8 2EA | Bettisons Estate Agents, Newton Hill, Newton Ferrers, Plymouth, Devon, PL8 1AB | Bettisons Estate Agents, 65 Southside St, Plymouth, Devon, PL1 2LA | Broughton Nott Estate Agents, 15 Victoria Rd, Plymouth, Devon, PL5 1RW | Cambridge James Estate Agents, 77 Upland Drive, Plymouth, Devon, PL6 6BE | Falcon Property Services, 8 Mannamead Rd, Plymouth, Devon, PL4 7AA | Hennings Property Centres Ltd, 136 Fore Street, Saltash, Cornwall, PL12 6JR | Hunt Associates, 61 Fore Street, Saltash, PL12 6AF | Jefferys Estate Agents, 5 Fore Street, Lostwithiel, Cornwall, PL22 OBP | Lang & Co Estate Agents, 40 Mannamead Rd, Plymouth, Devon, PL4 7AF | Maitland Estate Agents, 96d Ridgeway, Plymouth, Devon, PL7 2AG | Maitland Estate Agents, 136 Fore Street, Saltash, Cornwall, PL12 6JR | Maitland Estate Agents, 8 Glanvilles Mill, Ivybridge, Devon, PL21 9PS | Mansbridge & Balment Ltd, 19 Fore Street, Bere Alston, Devon, PL20 7AA | Mansbridge & Balment Ltd, Unit 3 Shopping Complex, Woolwell, PL6 7RB | Mansbridge & Balment Ltd, 9 Brook Street, Tavistock, Devon, PL19 04D | Mansbridge & Balment Ltd, The Roundabout, Yelverton, Devon, PL20 0HD | Miller & Son Estate Agents, Allied House, Barras Street, Liskeard, Cornwall, PL14 6AD | Miller & Son Estate Agents, Church Chambers, Okehampton, EX20 1AN | Moving On Estate Agents, 145 Ridgeway, Plymouth, Devon, PL7 2HJ | Northwood Plymouth Ltd, Hyde Park House, Mutley Plain, Plymouth, Devon, PL4 6LF | Plymouth Property Centre Ltd, 46 Mutley Plain, Plymouth, Devon, PL4 6LE | Pope's Estate Agents, 1 Fore Street, East Looe, Cornwall, PL13 1HH | Property Links Ltd, 81 North Hill, Plymouth, Devon, PL4 8HW | Richard Dolton Ltd, 67 Fore Street, Torpoint, Saltash, PL11 2AA | Swift Estate Agents, 4 Mannamead Rd, Plymouth, Devon, PL4 7AA | Your Move Estate Agents, 114 Ridgeway, Plympton, Plymouth, Devon, PL7 2HN | Your Move Estate Agents, 2 Mannamead Rd, Mutley, Plymouth, Devon, PL4 7AA | Your Move Estate Agents, 2a The Broadway, Plymstock, Plymouth, Devon, PL9 7AW

Real Estate Agent

Scottsdale Real Estate, Arizona Golf Properties, Phoenix and Carefree Real Estate Listings Arizona Real Estate by Judy Brickman With 18 years of experience in real estate, Judy Brickman specializes in golf course properties , Arizona luxury homes , vacation home rental and sale, second homes and residential lots in northeast Scottsdale and Carefree. With her expertise in real estate in Scottsdale, Arizona and the surrounding area, she is an excellent resource when buying or selling your home! With special emphasis on such areas as The Boulders , Desert Mountain, Estancia, Mirabel, Desert Highlands, Whisper Rock, Troon, DC Ranch, Terravita, Grayhawk and Legend Trail, Carefree and Pinnacle Peak you will be able to view the broad spectrum of real estate available ranging from luxury Arizona golf properties to regular Phoenix, Carefree, and Scottsdale real estate. Combining extensive knowledge of the Arizona real estate marketplace with a dedicated commitment to service, Judy Brickman welcomes the opportunity to work with you in locating your dream home or lot, or in marketing your property. When searching for Real Estate in Scottsdale, Arizona , Phoenix homes for sale, or other Arizona real estate - Judy Brickman is truly your number one option! Welcome to Arizona Real Estate | About Judy Brickman | Contact Judy Arizona Real Estate Listings | Golf Properties | The Boulders Resort | Arizona State Information Buyers Questionnaire | Sellers Questionnaire | Real Estate Links | Site Map Internet Marketing by VKI Studios

rental property. The web

HurricaneHousing.net - OUR VISION Our Vision Main Menu Our Vision List a Rental Property Find Rental Property Contact Us Press Releases FAQs Housing Options Immediate/Emergency Short-Term Needs Long-term Needs Special Needs Housing Related Links Missing Persons Missing Pets Transportation Needs Job Resources Volunteer or Donate OUR VISION In an effort to help Hurricane victims find temporary housing, HurricaneHousing.net was developed for those wishing to post available housing or rental property. The web site also allows visitors to search for temporary housing and provides other useful resources and links designed to help victims recover from the storm. To provide a listing of an available property, please read the instructions under "List a Rental Property" . To begin searching listings, click on the DHRonline logo below. The goal of HurricaneHousing.net is to gather rental housing information and coordinate with our partners "Disaster Housing Resources" — DHRonline.org. DHR is a unique program that provides, in an easily accessible web site, immediately available rental properties — housing resources that can provide disaster victims with safety and peace of mind while their home is repaired or a new home is constructed. HurricaneHousing.net was initiated by Lafayette-area realtors led by Bill Bacqué of VanEaton & Romero, Inc. in Lafayette and Patrick Caffery of Caffery Real Estate in New Iberia. The group turned to the Louisiana REALTORS® and also received help from Lafayette-based technology companies, CBM Technology headed by Chad Theriot, F6Media and Technology experts from the Federal Emergency Management Agency (FEMA) , the U.S. Department of Homeland Security , Disaster Housing Resources and the National Association of REALTORS® . “It’s our hope that this site can be another resource to those in such great need right now,” said Louisiana REALTORS® CEO Malcolm Young. Let us not love with words or tongue but with actions and truth. Disclaimer of Liability

Home Mortgage

Fannie Mae Home Page Our Business Is The American Dream Search Home Fannie Mae News Media Initiatives Issues & Commentary Translated Documents About Us About Fannie Mae Corporate Governance Investor Relations Diversity & Inclusion Careers For Business Partners Affordable Housing & Community Development Single-Family Multifamily Tools & Resources Debt Securities Mortgage-Backed Securities For Home Buyers & Homeowners Homepath Find a Mortgage Find a Lender Search Resources Headlines Highlights Fannie Mae Board Appoints Beth Wilkinson as General Counsel and Bill Senhauser as Chief Compliance Officer December 20, 2005 Read More 2006 Single-Family Mortgage Loan Limits to $417,000 November 29, 2005 Fannie Mae announces that it will increase its single-family mortgage loan limit to $417,000 for 2006 in the continental U.S., and $625,500 in Hawaii, Alaska, Guam and U.S. Virgin Islands. Read More Fannie Mae Board Appoints Robert T. Blakely as Chief Financial Officer and Announces Other Key Executive and Board Changes as Company Files Form 12b-25 with SEC November 10, 2005 Read More Fannie Mae Announces Third Quarter 2005 Investor/Analyst Conference Call Fannie Mae hosts its Third Quarter 2005 Investor/Analyst Conference Call for the investment community on November 10, 2005 at 8:30 a.m. Eastern Time. Investor/Analyst Conference Call Read More Fannie Mae Announces Fourth Quarter Common and Preferred Stock Dividends; Company Maintains Common Stock Dividend of Twenty-Six Cents Per Share October 18, 2005 A dividend of 26 cents ($.26) per share will be paid on November 25, 2005 to registered holders of common stock as shown on the books of the corporation at the close of business on October 31, 2005. Dividend payments on preferred stock will be made on January 3, 2006 to registered holders of preferred stock as shown on the books and records of the corporation at the close of business on December 15, 2005. Read More Fannie Mae Prices New Issue 2-Year Benchmark Notes ® December 21, 2005 New issue 2-year Benchmark Notes ® due January 15, 2008. Read More Fannie Mae Releases "Housing Solutions" The publication describes how Fannie Mae's mortgage initiatives, investments and business strategies are designed to help mortgage lenders and other housing partners expand affordable housing. Read More Statement from Stephen B. Ashley, Chairman of the Board, Fannie Mae Fannie Mae and OFHEO have entered into a supplemental agreement that represents the next step in Fannie Mae's cooperative effort to address issues raised by OFHEO in its ongoing review of the company. Read More Our Role in Expanding Responsible Lending Fannie Mae is working in local communities throughout the nation to help develop solutions to promote responsible lending. Read More Our Commitment to Minority Homeownership No company in America is more committed to expanding minority homeownership. Read More Fannie Mae Sites eFannieMae.com To conduct business with Fannie Mae, visit our business-to-business Web site, eFannieMae.com. Read More Resource Sites Fannie Mae Foundation Revitalizing neighborhoods and creating affordable housing opportunities for over 20 years. Read More Homeownership Alliance Dedicated to preserving, promoting, and expanding housing opportunities. Read More ©1998-2005 Fannie Mae Contact Us FAQ Site Map Advanced Search Privacy Legal