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loan for first time home buyer |
Loans for the first time home buyer are easier than ever! For quick and easy home loan information and quotes, make sure you visit our home loan information mega-site - Click Here What safeguards are built into the loan? One of the best protections you have is the Federal Truth in Lending Act, which requires lenders to inform you about the terms and costs of the plan at the time you are given an application. Lenders must disclose the APR and payment terms and must inform you of charges to open or use the account, such as an appraisal, a credit report, or attorneys' fees. Lenders also must
tell you about any variable-rate feature and give you a brochure
describing the general features of home equity plans.
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