Current mortgage rates in Chicago differ between lenders as they consider their rates depending on the borrower's capacity to pay. For a 30-year fixed loan, rates average at 6.24%, and…
Closing costs in Texas can be challenging for some because they think preparing a down payment is enough to own a home. It would be best if you prepared for…
As of this writing, mortgage rates in Florida are pegged at 4.85% for a 15-year fixed loan. For a 30-year fixed loan, it is pegged at 5.54%, and for a…
If you've been looking for a property in the Lone Star State, a mortgage calculator in Texas can help you. The housing market is still affordable, with a typical home…
Should you cancel if you were looking for the best home refinance rates and worried that the rates are rising? For about two years, we have been enjoying low mortgage…
FHA loan requirements aren't that difficult to obtain if you are interested in getting a home mortgage. The government insures an FHA (Federal Housing Administration) loan. Because of that guarantee,…
FHA or Federal Housing Administration is the largest insurer of home mortgages since it was created. FHA is the provider of mortgage insurance to FHA-approved lenders. So if you are…
CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.
THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.
