Prospective Buyer Resources
We offer a database of information divided into four main sections for your convenience.
You can search through all of our sections simultaneously.
This page is for anyone looking into a new or refinancing a current loan. The center for responsible lending explains to the consumer the signs to look out for so you can avoid getting into a predatory lending situation.
The Boston Home Center provides consumer outreach, information, and counseling to help Boston homeowners avoid predatory lending and foreclosure. Services include counseling, intervention, and workout strategies.
The Center for Responsible Lending is a nonprofit, nonpartisan research and policy organization dedicated to protecting home owners from abusive financial practices. They advocate fair lending through equitable treatment of all borrowers. Use the links here to educate yourself or find assistance.
Interest only Mortgage payments and payment option ARMís information by the Federal Reserve Board: This guide has detailed information on what you need to know if contemplating one of these mortgages for your home purchase. Be sure you understand the loan terms and the risks you face. If you're not comfortable with these risks, ask about another loan product.
Predatory mortgage lending practices strip borrowers of home equity and threaten families with foreclosure,even possible homelessness.Here you can inform yourself on these practices so you will not fall into the same trap others already have.