BRIEF BYTES: Question and Answer Forum

   The purpose is to answer frequently asked or unusual questions. Topics will range from real estate, business, litigation and trusts and estates. Your feedback is appreciated. Direct your comments to Cherisse Roy at croy@scott-harris.com

A New Way to Obtain a Mortgage

Did your ever think your real estate attorney could help you obtain a mortgage? Mortgage Law is related to the Real Estate Law profession in which lawyers use their expertise to guide and protect clients through the mortgage process. When applying for a mortgage loan, the government requires the lender provide a number of legal documents to insure that borrowers understand the different options and costs. The large number of documents contain terms like APRs and Yield Spread Premiums and make the process difficult to understand, benefitting the lender. As a Mortgage Law attorney, we will explain these terms in order to educate the consumer throughout the mortgage process.

Our direct access to Fannie Mae, Freddie Mac and the secondary market through Attorney Mortgage Services, allows us, as attorneys, to offer you, the consumer, low, competitive mortgage rates while keeping costs down at the same time. As your lawyer, we are uniquely situated to represent your interests in this process because we represent you, not the lender. With the benefit of legal counsel, borrowers can make an informed decision regarding their money as Mortgage Law attorneys do not receive any commission and thus have no financial interest in helping you choose one particular mortgage over another. As a Mortgage Law attorney, we charge only a fee for our time in helping you through the mortgage process.

If you would like to know more about Mortgage Law or are thinking about purchasing a home or refinancing, please call our office and we will be happy to discuss Mortgage Law with you. Contact Kevin M. Rys, Esq. or Cherisse Roy at (561) 624-3900, croy@scott-harris.com or kevinrys@scott-harris.com.