Resources
U. S. Department of Housing and Urban Development (FHA)
U. S. Department of Housing and Urban Development
website provides extensive information about buying a
home including affordability, borrower's rights, tips
and tricks for shopping for a loan, and details about
different home buying programs including FHA loan
programs and other special programs.
U.S. Department of Veteran Affairs - Home Loans (VA)
U.S Department of Veteran Affairs website provides home
buying information to help eligible service members,
veterans, reservists and certain unmarried surviving
spouses obtain homes, condominiums, residential
cooperative housing units, and manufactured homes, and
to refinance loans.
Homebuyer Education by Freddie Mac
Freddie Mac is
a publicly held corporation chartered by Congress to
increase the supply of funds that mortgage lenders, such
as commercial banks, mortgage bankers, savings
institutions and credit unions, can make available to
homebuyers and multifamily investors. This Freddie Mac
site offers a step-by-step tutorial on the home buying
decision process and the mortgage application process.
Fannie Mae - Home Buying Process
Fannie Mae is a
government-sponsored enterprise (GSE) chartered by
Congress with a mission to provide liquidity, stability
and affordability to the U.S. housing and mortgage
markets. Home Buying Process guide on their website
offers valuable information about buying a home. This
website also provides important information for home
owners.
Mortgage Bankers Association of America Consumer
Information
The Mortgage Bankers Association of
America is the preeminent association representing the
real estate finance industry. Their consumer information
site contains several tools and guides to aid in
purchasing or refinancing a home.
Federal Reserve Board Consumer Information
The
Federal Reserve Board maintains a web page with consumer
information, including a section on home mortgages. The
section covers topics such as finding the best mortgage
and understanding ARMs.
