Tips To Avoid A Predatory Loan       

    --Using brokers is more likely to result in a sub-prime loan.

    --Don't borrow more than you need.

    --Don't extend the payment longer than needed.   

    --Make sure you can afford the payment.

    --Look at all costs and fees, not just the payment.

    --Check closing cost carefully.

    --Never sign a contract without understanding terms--get help!

    --Use an attorney or trusted financial advisor.

    --If you are not sure, don't sign!

    --Use your three-day right to rescind on a refinancing loan.

Don't Borrow Trouble® is made possible by Freddie Mac.