Get the free mortgage shopping worksheet - federalreserve

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Mortgage Shopping Worksheet Ask your lender or broker to help you fill out this worksheet. Literate Mortgage Name of lender or broker and contact information Mortgage amount Loan term (e.g., 15 years,

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What is mortgage shopping worksheet?

The mortgage shopping worksheet is a document used by consumers to compare loan offers from different mortgage lenders.

Who is required to file mortgage shopping worksheet?

Consumers who are in the process of applying for a mortgage loan are required to fill out the mortgage shopping worksheet.

How to fill out mortgage shopping worksheet?

To fill out the mortgage shopping worksheet, consumers should gather loan offers from different lenders and input the relevant information into the worksheet.

What is the purpose of mortgage shopping worksheet?

The purpose of the mortgage shopping worksheet is to help consumers compare and evaluate different loan offers in order to make an informed decision about which mortgage is the best fit for their financial situation.

What information must be reported on mortgage shopping worksheet?

The mortgage shopping worksheet typically includes information such as the loan amount, interest rate, APR, loan term, monthly payment, and any fees associated with the loan.

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