At , our mission is to set a high standard
in the mortgage industry. We are committed to quality, personal
customer service, we always put the people we serve first. We
adhere to the highest degree of integrity in all of our business
dealings. We are a small, family based company who treats each
and every one of our clients like a person, not a number.
At , you can
always count on:
Fast Approvals
We use our top of the line technology to cut down on processing
time and can often give you a pre-approval within hours.
Free Pre-Qualifications and Consultations
Let us help you find the perfect program for you! We have a
variety of programs that are designed to help you, no matter
what your situation is!
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Homebuyer's
References
This section gives you an overview of some important rights
you have as a homebuyer:
 Consumer
Credit Protection Act (1960) - Guarantees confidentiality
of credit reports and allows customers to correct inaccurate
information in their reports.
Equal Credit Opportunity Act of 1975 (ECOA) - Prohibits the
discrimination in any credit action based on race, sex, marital
status, color, religion, age, handicap, or national origin.
Equal Housing Opportunity - Prohibits housing discrimination
based on race, sex, marital status, color, religion, age, handicap,
family status or national origin.
Fair Housing Act - Prohibits the discrimination based on race,
sex, marital status, handicap, or national origin in any real
estate transaction.
Federal Consumer Credit Protection Act (commonly known as the
Truth in Lending Act) (1969) - Requires that lenders disclose
the actual terms and conditions of a loan before an applicant
commits to the loan.
Home Mortgage Disclosure Act (1975) - Provides information
to help determine whether public institutions are assisting
the housing needs of their communities and neighborhoods.
Real Estate Settlement Procedures Act of 1974 (RESPA) -
Encouraging homeownership through consumer protection, this
act regulates
certain lending actions related to closing/settlement.
Some
of its provisions are:
- RESPA requires lenders to provide buyers a good faith estimate
of the cost of the loan, including disclosure of the
Annual Percentage Rate (APR).
RESPA requires lenders to provide buyers with general
information about settlement costs.
- Lenders must provide
buyers a copy of the Mortgage Servicing Disclosure Statement,
regarding loan servicing and transfer.
- Within three days
after receiving the loan application, lenders must provide
the buyer with an estimate of
closing costs
and monthly payments.
- RESPA provides the borrower
the opportunity to see the HUD-1 Settlement Statement one
day before the
actual settlement.
- Prohibits kickbacks between
Real Estate professionals for referrals and prohibits fee-splitting
and receiving
unearned
fees for
services not rendered.
To learn more about RESPA, click here.
Regulation B of the Consumer
Credit Protection Act - Requires
lenders to inform potential borrowers of any adverse actions
taken on their loan applications.
Regulation Z - Includes regulations related to consumer credit
disclosures identified in the Consumer Credit Protection Act.
Veterans Housing Benefits Act (1978) - Increases the housing
benefits for eligible veterans including increased loan amounts.
Apply today to
let Bancplus Home Mortgage Center help you get the great financing you want
and deserve!
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