Tools & Resources

Last updated: February 4, 2016

Use These Tools & Resources to Help You Shop for a Mortgage

Mortgage Tools

Your Home Loan Toolkit

This booklet takes you from budgeting to closing with worksheets, checklists, and conversation starters. You'll get a copy when you apply for a home purchase mortgage, but you can also download a copy now.

Owning a Home

Tools and resources to guide you through the process of getting a mortgage. It will help you explore interest rates in your area, understand lien options, and prepare you for closing.

Monthly Payment Worksheet

This worksheet will help you plan for the future and calculate a monthly payment that is affordable to you.

Mortgage Shopping Worksheet

This worksheet can help you compare offers from different lenders.

Sample Loan Estimate

This tool will help you review your Loan Estimate and get Definitions for unfamiliar terms.

Sample Closing Disclosure

Lenders are required to provide your closing Disclosure 3 business days before your scheduled closing. Use these days wisely. This tool will help you double-check that all the details are correct. If something looks different from what you expected, ask why. Now is the time to resolve problems. If the explanation you get isn't satisfactory, keep asking questions.

Free Credit Report

Additional Resources

Know Before You Owe

The Know Before You Owe mortgage disclosure rule replaces four disclosure forms with two new ones:

  • the Loan Estimate
  • the Closing Disclosure

The new forms are easier to understand and easier to use. The rule also requires that you get 3 business days to review your Closing Disclosure and ask questions before you close on a mortgage.

Truth-in-Lending (TIL) Disclosure

Used for HELOCS and Reverse Mortgages.

Good Faith Estimate (GFE) Disclosure

Used for Reverse Mortgages

HUD-1 Settlement Statement

Used for Reverse Mortgages

Know Your Rights

Mortgage Discrimination

The Equal Credit Opportunity Act prohibits lenders from discriminating against credit applicants in any aspect of a credit transaction on the basis of race, color, religion, national origin, sex, marital status, age, whether all or part of the applicant’s income comes from a public assistance program, or whether the applicant has in good faith exercised a right under the Consumer Credit Protection Act.

The Fair Housing Act prohibits discrimination in residential real estate transactions on the basis of race, color, religion, sex, handicap, familial status, or national origin.

Under these laws, a consumer may not be refused a loan based on these characteristics nor be charged more for a loan or offered less-favorable terms based on such characteristics.

This article is published on Find more information by contacting these state agencies: