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The ABCs of Mortgages This publication outlines the terms and conditions of your mortgage, your rights and responsibilities, and tips on how to pay your mortgage off faster.

Matthew 7:24, 25 24 "Therefore everyone who hears these words of mine and puts them into practice is like a wise man who built his house on the rock. 25 The rain came down, the streams rose, and the winds blew and beat against that house; yet it did not fall, because it had its foundation on the rock.

Before You Apply for a Mortgage
• Amortization
• Term
• Payment Options
• Types of Mortgages
• Down Payment
• Credit Rating
• Special Options and Coercive Tied Selling (forced purchases)

Your Responsibilities
• Know Yourself - How Much Can You Afford?
• Shop Around

Your Rights

• When You Apply for a Mortgage - Information That Must Be Provided to You
• When Your Mortgage Agreement Changes
• When You Renew Your Mortgage

After You Have Applied for a Mortgage
• How to Pay Your Mortgage Off Faster
• Penalty Charges

Do's and Don'ts
• Before You Apply for a Mortgage
• Your Responsibilities
• Your Rights
• After You Have Applied for a Mortgage