Site explains home buying
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If you consider the home-buying process stressful and confusing, you’re hardly alone. A mortgage industry trade group recently surveyed people who were planning to buy homes, and a majority used those very words.
The Mortgage Bankers Assn. took what it learned from the survey and created a website intended to walk consumers through the maze. It also explains such dreary but vital concerns as credit scoring and the nuts and bolts of various kinds of loans.
The site, www.homeloanlearningcenter.com, is broker-neutral. Visitors will get no pressure from mortgage brokers. It can connect you with one, but only if you ask.
From the Chicago Tribune
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