If you’re like many prospective homeowners in Georgia and other states, you face the challenge of finding a mortgage company that offers good rates. However, you might also face some lenders who employ deceptive techniques that could end up with you paying a lot more than you have hoped for. Fortunately, an organization called the Federal Trade Commission (FTC) looks out for such people. The FTC handles a variety of consumer concerns, including homes and mortgages. For this specific concern, they offer a guide on their website on what the Home Ownership and Equity Protection Act (HOEPA) covers. With it, you can avoid deceptive practices, or high rates and fees on certain home loans in Georgia.
http://georgia.churchillmortgage.com/info-article/the-ftc-guide-to-high-rate-high-fee-home-loans-in-georgia/
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