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The hard part is done. You’ve found a lender. You’ve worked out loan terms you’re comfortable with. You’re ready to sign the papers and get your money. Even though you've done your homework, you still need to take a little time to protect yourself by reviewing all documents thoroughly. Don't forget, a serious problem with a home equity loan won't just mean inconvenience to you – it could cost you your home.
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Get a second opinion
Know your legal rights
Take action if you think you've been treated unfairly
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BorrowSmart Public Education Foundation provides the knowledge, skills and tools home equity borrowers need to gain financial literacy and "borrow smart."
Established in 2001, BorrowSmart and its partners empower consumer equity borrowers through lenders, credit counselors, regulators and direct contact by providing free information and education that leads to open access to available credit for all homeowners.
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BorrowSmart Public Education Foundation will grow to a national presence and be recognized throughout the housing and financial communities for its educational programs and services to reduce the national foreclosure rate among home equity borrowers. BorrowSmart programs will create smarter home equity borrowers and more home ownership retention across America.
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