MORTGAGE BOOKLETS

CHARM Booklet - Consumer Handbook on Adjustable Rate Mortgages

Booklets revised January 10, 2014.  The Consumer Financial Protection Bureau (CFPB) has made technical updates to this booklet to reflect new mortgage rules under Title XIV of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).  This booklet provides information to consumers about the basic features of adjustable rate mortgages (ARM's), discusses various types of ARM's and provides resources to obtain more information.  This version includes the most recent versions:  Updated Table of Contents was added, updated year references, updated glossary, and a new "where to go for help" section.  Booklet size is 8 1/2" X 11" with 44 pages total.  Packaging is 50 booklets per box. 

Vault number            MBCHARM




HUD Settlement Costs Booklet:  Shopping for Your Home Loan

Booklets revised January 10, 2014 to comply with HUD-1 changes.  The Consumer Financial Protection Bureau (CFPB) has made technical updates to the booklet to reflect new mortgage rules under Title XIV of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).  Booklet contains all of the required text as prescribed by HUD and valuable consumer information such as shopping for a home loan and the Good Faith Estimate (GFE).  RESPA regulations require that the HUD booklet be given to applicants within 3 business days of the loan application.  Booklet size is 8 1/2" X 11" with 72 pages total.  Packaging is 30 booklets per box.

Vault number     MBHUD




Home Equity Lines Booklet:  What you should know about home equity lines of credit

The Consumer Financial Protection Bureau (CFPB) has made technical updates to the booklet as of January 10, 2014.  The booklet describes home equity plans, potential advantages and disadvantages and makes a comparison with close-end credit.  Sections include:  What is a home equity line of credit, What should you look for when shopping for a plan, Costs of establishing and maintaining a home equity line, How will you repay your home equity plan, Line of credit vs. traditional second mortgage loans, and What if the lender freezes or reduces your line of credit.  Booklet size is 8 1/2" X 11" with 20 pages total.  Packaging is 100 booklets per box.

Vault number   MBHEDB






**Additional Mortgage and Loan Forms and Brochures are available, for details use the Contact Us tab on our website or contact Roger Zavodny directly by e-mail at roger@myvaultllc.com or by phone at 440-346-4593.