Your Lender Should give you... : *

• Clear explanations of the terms and conditions of a loan
  
  
• Timely and honest disclosures about the rates and costs of a loan.
  
  
• Accurate disclosure of the APR (annual percentage rate) and amount of regular payments at the time of your loan closing.
  
  
• An honest pitch without deceptive marketing tactics.
  
  
• An option to get credit counseling befor closing on a loan.
  
  
• Consideration of your ability to repay a loan before extending the credit to you.
  
  
• An identifiable benefit when charging you a fee or higher interest rate to refinance a loan.
  
  
• Freedom from obligation to finance any portion of points or fees.
  
  
• Freedom to decline credit insurance in connection with a loan.
  
  
• A fair and equitable resolution to any disputes related to your loan.
  
  
• Timely reporting of favorable information to credit bureaus.