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Whom to Contact
(Home Loan Options) - Q & A
Q: Where do I get information on lease options?
A: For information on lease options, "How Lease Options Benefit
Realty Buyers, Sellers, Agents and Investors" is available
for from Tribune Media Services, 435 N Michigan #1500, Chicago IL
60611. 1-800-245-6536,or "Publication House", Burlingram
CA. 1-800-736-1736
Q: Where do I get information on finding the best loan?
A: For information on how to find the best home loan, check out
this booklet:
* "How to Shop for a Mortgage," by the Mortgage Bankers
Association of America, 1125 15th St., N.W., Washington, DC 20005;
call (202) 861-6500.
Q: Where do I get information on mortgages?
A: For information on mortgages, check out the following sources
for information:
* American Bankers Association; (202) 663-5000.
* Mortgage Bankers Association of America, 1125 15th St., N.W.,
Washington, DC 20005; (202) 861-6500.
Q: Where do I get information on correcting loan payments?
A: The following auditing services can do a thorough review of residential
mortgages for lender calculation errors:
* Mortgage Monitor; 1372 Summer Street, Samford, 06905; (800) AUDIT-USA.
* Loantech, (301) 762-7700.
But keep in mind that these services come with a fee, and your lender
should be able to work with you to make your own accurate calculation.
Q: Where can I get a list of mortgage brokers?
A: For information on mortgage brokers, contact the National Association
of Mortgage Brokers at (703) 610-9009
Q: Where do I get information on PMI?
A: Look for tips in "A Mortgage Insurance Guidebook,"
or "How to Buy a Home with a Low Down Payment," published
by the Mortgage Insurance Companies of America,805 15th St., N.W.,
Suite 1110, Washington, DC 20005; call (202) 393-5566 to order.
Q: How do I monitor my ARM loan?
A: Consumer Loan Advocates publishes a book with form letters and
worksheets to help people who want to check mortgage payments or
adjustments on their own. It costs $19.95 plus $4 shipping and handling.
For a copy, write or call Consumer Loan Advocates, 655 Rockland
Road, Lake Bluff, IL 60044; (847) 615-0024.
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