The following consumer guides offer specialized housing and mortgage information to meet the needs of various categories of borrowers. The primary guides are organized around a borrower’s personal status and offer assistance designed specifically for seniors, the disabled, veterans, gay and lesbian couples, Hispanics and low-income homebuyers.
The second group of additional guides provides help with certain other situations related to home ownership. These address Green Energy mortgages, home hazards and safety tips, and helping an adult child buy a home.
Please feel free to copy, share or reuse these guides, in whole or in part, provided that you link to the original source when distributing electronically, or credit MortgageLoan.com and include the full url (web address) for the respective guide when reproducing in print.
Guide to Mortgages and Home Loan Help for the Disabled
This guide has been created to help individuals living with disabilities, and their family members, in the process of buying a home of their own. Here you can learn more about the five important steps in buying a home and about financial assistance programs that are available for you living with disabilities, who want to buy a home.
After reading this guide to home ownership for people living with disabilities, you will know more about:
- The advantages and disadvantages of buying a home
- The most important steps in the home-buying process
- Common terms related to home-buying
- How to get started in your quest to purchase a home
- Financial assistance geared toward enabling you living with disabilities to buy your own homes
Guide to Home Hazards with Home Safety Tips
This guide will help homeowners to identify and eliminate hazards that exist in their homes. After evaluating this guide, readers will have a better understanding of:
- The various home hazards that exist.
- Ways to make homes safer.
- The five leading causes of home injury: falls, poisoning, fires and burns, choking and suffocation, and drowning.
- Household toxins like asbestos, carbon monoxide, lead, mold, and radon.
- The dangers that small children face.
- Areas of the home that are dangerous to older adults.
Continue to Guide to Home Hazards with Home Safety Tips
Guide to Green Mortgages (Energy Efficient Mortgages)
This guide will educate prospective and current homeowners about energy efficient mortgages (EEM) also known as "green mortgages".
- What is a Green Mortgage?
- How Do EEMs Work?
- EEM Examples
- EEM Lender Guide
- Green Mortgages for Small Businesses
Guide to Housing and Mortgages for Gay and Lesbian Couples
This guide will help to explain the different approaches that same-sex couples can take to getting a mortgage, establishing ownership of a home, and creating legal documents that anticipate any legal or property-ownership issues that might occur if the couple breaks up or one partner dies. After evaluating this document, readers will have a better understanding of:
- Joint tenancy with right of survivorship
- Tenants in common
- Mortgages and joint ownership
- Establishing property rights for a same-sex legal relationship
- Strategies for couples who live in a state that allows same-sex marriage
- Tactics for finding a good real estate attorney
- Rights of same-sex couples
Guide to Housing and Mortgages for Seniors
This guide will help seniors of all ages to understand some of the options open to them and precautions that they should take when it comes to owning a home, downsizing, paying a mortgage, taking out a reverse mortgage, and selling property.
After evaluating this guide, readers will have a better understanding of:
- Common financial mistakes that seniors make
- The benefits of downsizing
- Approaches to paying for a mortgage in retirement
- The various types of mortgages available to seniors
- What a reverse mortgage is and how to use it
- How seniors can protect themselves from predatory real estate professionals and scams
Continue to Guide to Housing and Mortgages for Seniors
Guide for Parents: Buying a Home for Your Child
This guide was created to educate parents on the options available to them to help their children to purchase a home. After evaluating this guide, readers will have a better understanding of:
- Loaning your child money for a home purchase.
- The plusses and minuses of loaning money to a child for a home purchase.
- Strategies for gifting money to children for a home purchase.
- How to work with maximum gift amounts so as not to incur gift taxes.
- Shared Equity Financing Agreements.
- The dangers of cosigning on a loan for your child.
- Strategies for purchasing property outright for a child
- Helping to guide your child through the process of buying a home and personal finance.
- How to safeguard yourself when helping a child to purchase a home.
Continue to Guide for Parents: Buying a Home for Your Child
Guide to Housing and Mortgages for Veterans (VA Loans)
This guide will help veterans and active military to understand the benefits of, types of, and eligibility requirements for VA Loans. After evaluating this guide, readers will have a better understanding of:
- What a VA loan is
- Why so few people take advantage of VA Loans
- Uses for VA Loans
- VA Cash-out Refinance
- VA Interest Rate Reduction Loan (i.e. VA Streamline Refinance)
- The benefits of VA Loans
- Eligibility requirements for a VA Loan
- How to use your certificate of eligibility to get a VA Loan
- The process of getting a VA Loan
- The VA Loan appraisal process
- Finding a VA Loan Expert
- Using your VA Loan eligibility more than once
- Special protections against foreclosure
Guide to Housing and Mortgages for Hispanics
This guide will help Hispanic homebuyers to better understand the home buying process. After evaluating this guide, readers will have a better understanding of:
- The general home buying process.
- Common misconceptions that the real estate industry has about Hispanic homebuyers.
- How to find a real estate professional who understands a Hispanic hombuyer’s needs.
- How to find out about available grants and programs.
Continue to Guide to Housing and Mortgages for Hispanics
Guide to Affordable Housing
This guide aims to help persons of low income gain an understanding of the options available when it comes to finding affordable housing and getting a mortgage. By the end of this guide the reader should have a better grasp of the following:
- The advantages and disadvantages of home ownership for low income earners.
- How to determine whether the home you are interested in really is affordable.
- The process for finding, getting a contract on, and closing on your new home.
- The responsibility for budgeting for incidentals.
- Considerations regarding homelessness and home ownership.
- Programs that may help you achieve your dream of home ownership.
Continue to Guide to Affordable Housing
Housing and Mortgages for Single Parent Families
This guide aims to provide single parents with the necessary tools, resources and guidance required when making an informed decision about getting on the property ladder. After reading and digesting this guide, readers should have a basic grasp of the following:
- The pros of getting onto the property ladder.
- How to determine whether buying a home is the best option for you.
- The process of acquiring a mortgage.
- Steps to consider ahead of prequalification.
- Any special considerations that you should keep in mind, as a single parent.
- Who to reach out to for help, should you need it.
- How to clean up bad credit.
Consumer Guide to Mortgage Fraud Prevention
This guide is designed to help consumers educate themselves about mortgage fraud and learn how to avoid becoming either a victim or perpetrator of mortgage fraud. Unlike much of the information that is available regarding mortgage fraud, this guide emphasizes on the consumer aspects of fraud and fraud prevention, rather than those aspects that are mainly of interest to lenders and other mortgage professionals.
Continue to Consumer Guide to Mortgage Fraud Prevention
Guide to Mortgage Loan Modification Programs
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