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.
H/t to FastCoDesign.com for the article, and Nest Realty Group for sharing it.
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