Allie Mae - A Consumer's Guide To The Mortgage Process

By visiting Allie Mae you have taken your first step to becoming an educated borrower.

Avoiding Foreclosure - (Found July 5, 2008 )

When you miss your mortgage payments, foreclosure may occur.
http://www.alliemae.org/avoidingforeclosure.html

Credit Repair 101 - (Found July 5, 2008 )

The following is a basic introduction to credit repair.
http://www.alliemae.org/creditrepair101.html

Understanding Loan To Value (LTV) - (Found July 5, 2008 )

Loan to value, or LTV as it is commonly referred to, is the ratio of Loan Amount to the Value of a property
http://www.alliemae.org/loantovalue.html

RESPA - (Found July 5, 2008 )

This law protects consumers from abuses during the residential real estate purchase and loan process
http://www.alliemae.org/respa.html

Post Move In - (Found July 5, 2008 )

What to expect once you move in to your new home
http://www.alliemae.org/postmovein.html

Escrow Explained - (Found July 5, 2008 )

Mortgage escrow accounts have been in the news lately and seem to be greatly misunderstood by many consumers
http://www.alliemae.org/escrowexplained.html

Adjustable Rate Mortgage (ARM) - (Found July 5, 2008 )

So how does an ARM work
http://www.alliemae.org/arm.html

3015 Year Fixed Vs ARM - (Found July 5, 2008 )

There are several different types of mortgages.
http://www.alliemae.org/30v15varm.html

Home Equity Explanation - (Found July 5, 2008 )

If you own a home, you can borrow against the equity, the difference between your home's appraised (fair market) value
http://www.alliemae.org/homeequityexplanation.html

Comparing Closing Costs - (Found July 5, 2008 )

Mortgage closing costs can be confusing
http://www.alliemae.org/ComparingClosingCosts.html