HUD and NAR Launch Videos on Homebuying Process
HUD and NAR Launch Videos on Homebuying Process
HUD and NAR Launch Videos on Homebuying Process
Helpful
Tools
Mortgage
Calculator

Estimate your monthly payment for a home purchase or refinance
Auto Loan
Calculator

Determine how much car you can afford before buying
Learn About
Mortgage Loans

Learn about mortgage loans to find the one that's right for you
15 Year vs 30 Year
Loan Comparison

Compare payments between a 15 year and 30 year mortgage loan
Today's Mortgage
Rates

See today's current mortgage rates. Shop, compare and save.

November 5 2010 (Shirley Allen)
homebuying picture with keys
The Department of Housing & Urban Development (HUD) and the National Association of Realtors (NAR) have released a series of videos to help prospective homebuyers navigate the home buying process.

The videos, released on HUD’s YouTube channel help future homeowners to find a house they can afford, shop for a mortgage they can sustain, and what to expect when they go to closing.

HUD produced the three consumer education videos in coordination with NAR and released them at the Realtors Annual Convention in New Orleans.

David H. Stevens, HUD’s Assistant Secretary for Housing and Federal Housing Administration (FHA) Commissioner said, “The process for buying a home can appear complicated and overwhelming for many consumers. These videos will help answer the fundamental questions most people have—from shopping for their home to signing on the dotted line.”

“Educating consumers about the home buying process is at the heart of what Realtors® do,” said 2010 National Association of Realtors President Vicki Cox Golder. “Informed home buyers create the conditions necessary for responsible, sustainable homeownership, and we’re very happy to be a part of this project.”

The three videos encompass the following subjects:

Shopping for Your Home: The homebuying process obviously starts with finding a place you’ll want to call home. This short video will instruct viewers on assessing how much of a home you can afford, working with a real estate agent and what happens once you find the home you want to buy. Housing counselors can assist home buyers and home owners on issues such as homebuying, fair housing, credit issues, and foreclosure prevention.

Shopping for Your Loan: Once you’ve found the home of your dreams, the next step is to shop for a mortgage loan. This video will help consumers use the Good Faith Estimate (GFE), which is a form that spells out the terms of a loan offer, to shop for the best loan for them. Consumers will learn how to use the GFE to determine how long an interest rate is available for a particular loan and how to identify key loan terms and costs of a particular loan offer. HUD suggests consumers shop and compare GFEs from multiple mortgage brokers and/or lenders in order to get the best loan for their situation.

Closing the Deal: Finally, this video walks consumers through the actual closing process including how to make sure the loan they were offered closely matches what they encounter at the settlement table. In particular, HUD will walk the viewer through the HUD-1 Settlement Statement and demonstrate ways consumers can compare their actual costs with those reflected on their Good Faith Estimate.

HUD’s videos are easily accessible from both HUD and NAR’s Web sites as well as from HUD’s YouTube channel.

Tags: NAR, HUD, homebuying, homebuyers, youtube, education videos, homebuying process

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
HOW LOANRATENETWORK
LOAN CENTER WORKS
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Helpful Tools
Mortgage
Calculator

Estimate your monthly mortgage payment
Auto Loan
Calculator

Determine how much car you can afford before buying
Learn About
Mortgage Loans

Learn about the different types of home loans
15 Year vs 30 Year
Loan Comparison

Compare 15 year and 30 year mortgage loans
Todays Mortgage
Rates

See today's mortgage rates. Shop, compare and save.

November 5 2010 (Shirley Allen)
homebuying picture with keys
The Department of Housing & Urban Development (HUD) and the National Association of Realtors (NAR) have released a series of videos to help prospective homebuyers navigate the home buying process.

The videos, released on HUD’s YouTube channel help future homeowners to find a house they can afford, shop for a mortgage they can sustain, and what to expect when they go to closing.

HUD produced the three consumer education videos in coordination with NAR and released them at the Realtors Annual Convention in New Orleans.

David H. Stevens, HUD’s Assistant Secretary for Housing and Federal Housing Administration (FHA) Commissioner said, “The process for buying a home can appear complicated and overwhelming for many consumers. These videos will help answer the fundamental questions most people have—from shopping for their home to signing on the dotted line.”

“Educating consumers about the home buying process is at the heart of what Realtors® do,” said 2010 National Association of Realtors President Vicki Cox Golder. “Informed home buyers create the conditions necessary for responsible, sustainable homeownership, and we’re very happy to be a part of this project.”

The three videos encompass the following subjects:

Shopping for Your Home: The homebuying process obviously starts with finding a place you’ll want to call home. This short video will instruct viewers on assessing how much of a home you can afford, working with a real estate agent and what happens once you find the home you want to buy. Housing counselors can assist home buyers and home owners on issues such as homebuying, fair housing, credit issues, and foreclosure prevention.

Shopping for Your Loan: Once you’ve found the home of your dreams, the next step is to shop for a mortgage loan. This video will help consumers use the Good Faith Estimate (GFE), which is a form that spells out the terms of a loan offer, to shop for the best loan for them. Consumers will learn how to use the GFE to determine how long an interest rate is available for a particular loan and how to identify key loan terms and costs of a particular loan offer. HUD suggests consumers shop and compare GFEs from multiple mortgage brokers and/or lenders in order to get the best loan for their situation.

Closing the Deal: Finally, this video walks consumers through the actual closing process including how to make sure the loan they were offered closely matches what they encounter at the settlement table. In particular, HUD will walk the viewer through the HUD-1 Settlement Statement and demonstrate ways consumers can compare their actual costs with those reflected on their Good Faith Estimate.

HUD’s videos are easily accessible from both HUD and NAR’s Web sites as well as from HUD’s YouTube channel.

Tags: NAR, HUD, homebuying, homebuyers, youtube, education videos, homebuying process

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
HOW LOANRATENETWORK
LOAN CENTER WORKS
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Helpful Tools

November 5 2010 (Shirley Allen)
homebuying picture with keys
The Department of Housing & Urban Development (HUD) and the National Association of Realtors (NAR) have released a series of videos to help prospective homebuyers navigate the home buying process.

The videos, released on HUD’s YouTube channel help future homeowners to find a house they can afford, shop for a mortgage they can sustain, and what to expect when they go to closing.

HUD produced the three consumer education videos in coordination with NAR and released them at the Realtors Annual Convention in New Orleans.

David H. Stevens, HUD’s Assistant Secretary for Housing and Federal Housing Administration (FHA) Commissioner said, “The process for buying a home can appear complicated and overwhelming for many consumers. These videos will help answer the fundamental questions most people have—from shopping for their home to signing on the dotted line.”

“Educating consumers about the home buying process is at the heart of what Realtors® do,” said 2010 National Association of Realtors President Vicki Cox Golder. “Informed home buyers create the conditions necessary for responsible, sustainable homeownership, and we’re very happy to be a part of this project.”

The three videos encompass the following subjects:

Shopping for Your Home: The homebuying process obviously starts with finding a place you’ll want to call home. This short video will instruct viewers on assessing how much of a home you can afford, working with a real estate agent and what happens once you find the home you want to buy. Housing counselors can assist home buyers and home owners on issues such as homebuying, fair housing, credit issues, and foreclosure prevention.

Shopping for Your Loan: Once you’ve found the home of your dreams, the next step is to shop for a mortgage loan. This video will help consumers use the Good Faith Estimate (GFE), which is a form that spells out the terms of a loan offer, to shop for the best loan for them. Consumers will learn how to use the GFE to determine how long an interest rate is available for a particular loan and how to identify key loan terms and costs of a particular loan offer. HUD suggests consumers shop and compare GFEs from multiple mortgage brokers and/or lenders in order to get the best loan for their situation.

Closing the Deal: Finally, this video walks consumers through the actual closing process including how to make sure the loan they were offered closely matches what they encounter at the settlement table. In particular, HUD will walk the viewer through the HUD-1 Settlement Statement and demonstrate ways consumers can compare their actual costs with those reflected on their Good Faith Estimate.

HUD’s videos are easily accessible from both HUD and NAR’s Web sites as well as from HUD’s YouTube channel.

Tags: NAR, HUD, homebuying, homebuyers, youtube, education videos, homebuying process

HOW LOANRATENETWORK
LOAN CENTER WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.