Loans

• Welcome to loanfactz.com. Here you will find important information about all the different loan options available to you.
  
  
• It should be your #1 priority factor to educate yourself with the many terms that will be used during the loan application - approval process. This way you will know exactly what the lender is talking about.
  
  
• Read the Definitions Glossary, and also read Auto Loan Learn the Terms before you shop for a vehicle and/or apply for an auto loan.
  
  


• The word loan means an agreement in which money owned by one party is lent to another, in exchange for which the borrower (you) pays the lender a predetermined rate of interest. Repayment of a loan is subject to specific terms and conditions.
  
  
• There are many loan companies and loan options available, from new home loans to refinancing your current home loan, federal student loans and federal student consolidation loans, auto loans, debt consolidation, bad credit loans and personal loans just to mention a few.
  
  
• Click on the links to your left for more information about the different loans available so you can decide which kind of a loan would best suit your needs. You may learn a few tips, plan better strategies, and learn what your rights are along your clicking adventure. Being more educated about loans is important to decision making.
  
  

• In 1934 Congress created the Federal Housing Administration (FHA), and today the FHA is still offering a variety of financing options to help individuals become homeowners. The FHA does not actually make home loans, they will "insure" the loan that the lender will approve for you. The FHA became a part of the Department of Housing and Urban Development's (HUD) Office of Housing in 1965.
  
  
  • U.S. Department of Housing and Urban Development
    451 7th Street S.W.
    Washington, DC 20410
    Telephone: 202-708-1112
    TTY: 202-708-1455
    www.hud.gov/
    
    
    

Federal Laws
Major laws that govern financial institutions and protect individuals in their financial dealings

Organizations

Consumer Info