Know Before You Go... To Get a Mortgage: A Guide to Mortgage Products and A Glossary of Lending Terms is a pamphlet published by Federal Reserve Bank of Boston. Author: Carol S. Lewis, Design: Fabienne Anselme Madsen, Ilustrator: Nina Frenkel

The purpose of this guide is to provide general mortgage information to consumers and to shed some light on the risks associated with today’s more complex mortgage offerings. It is by no means meant to counsel consumers to avoid certain products, but rather to alert them to potential risks, and encourage them to make informed decisions and to be aware that certain products may be appropriate for some borrowers but not for others.

Remember, don’t check your common sense at the door! Be sure to understand the benefits and risks of the product you are considering. If it sounds too good to be true, it probably is. Before you sign on the dotted line, contact the Federal Reserve Bank of Boston with any questions. The Federal Reserve Bank of Boston’s Consumer Hotline is (617) 973-3755. See also http:\\www.federalreserve.gov or http:\\www.bos.frb.org.

Download Know Before You Go... To Get a Mortgage

Pdf format, 684kb, 16pages. Full color pamphlet.

Know Before You Go... To Get a Mortgage Official Website

HTML version, PDF version, Spanish verstion.

Comments (0)

Name

Email

Comment

smaller | bigger

Add Comment