Refinance Mortgage Loan: Your Protection Under the Real Estate Settlement & Procedures Act RESPA

Home Loans

Refinance Mortgage Loan: Your Protection Under the Real Estate Settlement & Procedures Act RESPA
(presented by www.refinance-refinance.net - mortgage lenders)

By Louie Latour

If you are in the process of taking out a mortgage to purchase your home or refinancing your existing mortgage it is important to understand you rights under the Real Estate Settlement and Procedures Act (RESPA). Here are the basics of the protection RESPA provides homeowners to help you avoid predatory lenders that want to take advantage of you.

(Article continues below)

HOME LOANS ADVERTISEMENT

The Real Estate Settlement and Procedures Act protects homeowners in the United States from unfair lending practices. RESPA outlines rules for disclosure mortgage lenders are required to follow. Under RESPA you have the following rights:

===========================================
For additional Mortgage Refinancing information
and resources visit Mortgage Refinancing.
(http://www.refinance-refinance.net)
===========================================

This entry was posted on Friday, October 27th, 2006 at 2:30 am and is filed under Refinance. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

Comments are closed.

Home Loans News

With identity theft on the rise, scammers are targeting homeowners with substantial equity in their homes.

Here are the latest interest rates and commentary on five common consumer banking products from Bankrate.com's weekly national survey of large banks and thrifts.