Mortgage Terms Made Simple

Understanding your mortgage shouldn’t be a draconian task (that’s a nod to Michael Pierce).  In fact, it should be ridiculously easy.  And it should never be as complicated as this.

So kudos to Continuum, then, for coming up with a Mortgage Disclosure Form that shows – in simple terms – the terms of a mortgage.

Simple, easy to understand language and visual. Short and to the point.  I like it.  Will it became a standard?  Who knows.  But it’s one step toward solving a larger problem.  And that’s a good thing.

Shoutout to Century21 on Facebook for the article, and Nest Realty Group for sharing it.

 

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