Your rights - DOs and DON'Ts

DOs

• Do know your rights.

• Do keep in mind that all federally regulated financial institutions must specify in your mortgage contract the nature and the amount of all interest and non-interest charges.

DON'Ts

• Don’t forget that federally regulated financial institutions must provide you with specific information before you sign a mortgage contract.

• Don’t forget that a federally regulated institution cannot apply undue pressure on you to buy another product as a condition for accepting your mortgage application.