Shopping around for a home loan or mortgage will help you to get the best financing deal. A mortgage - whether it's a home purchase, a refinancing, or a home equity loan - is a product, just like a car, so the price and terms may be negotiable. You'll want to compare all the costs involved in obtaining a mortgage. Shopping, comparing, and negotiating may save you thousands of dollars.
The Federal Trade Commission in conjunction with several other federal consumer agencies has prepared a booklet on filled with helpful information and forms designed to guide you through the process of choosing the mortgage that's right for you. A copy of the Consumer Handbook on Adjustable Rate Mortgages is available for you to view and print.
The guide is saved as an Adobe Acrobat PDF document so that you can download and view it with all it's formatting intact. All you need is the Adobe Acrobat Reader or another program that allows you to view PDFs.