Mortgage Basics

If you are a new borrower or even if you have owned many homes, the wealth of information - and misinformation - about mortgages in today's market can may feel overwhelming. Knowing where to start and how to find accurate and honest information can make or break your home buying experience.

CenturyPoint Mortgage recommends learning all you can about mortgage financing before you complete an application. Read up on the latest news, but be aware that there are a lot of rumors and opinions, so not everything you see will be true. Look for clear and accurate information sources, such as those listed below. Then research loan types, credit information and mortgage rates to be well informed before you choose a lender.

Loan Information Resources:

Home Loan Learning Center - Sponsored by the Mortgage Bankers Association

Mortgage Bankers Association

U.S. Department of Housing and Urban Development