The Consumer Financial Protection Bureau (CFPB) puts out a guide to educate people on financial aspects of homeownership.
How can this toolkit help you?
Buying a home is exciting and, let’s face it, complicated. This booklet is a toolkit that can help you make better choices along your path to owning a home.
There have been some recent changes called TRID in regards to the disclosure that lenders have to give potential homeowners with obtaining a mortgage.
The CFPB has recently updated Your Home Loan Toolkit to correspond with the new TRID changes.
The Your Home Loan Toolkit A Step-By-Step Guide does a great job guiding people to make the right decision when it comes obtaining a mortgage.
One of the big reasons as to the real estate bubble crash in 2007 was reckless financing guidelines and uneducated people getting mortgages they should have never been able to qualify for.
When buying a home you owe it to yourself to educate yourself in making sound financial decisions. Having a budget and knowing what you can afford is very important when it comes to homeownership.
To download the Your Home Loan Toolkit: CLICK HERE