{"id":369319,"date":"2016-04-04T10:47:23","date_gmt":"2016-04-04T15:47:23","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/realestate\/mortgages-equity-loans\/mortgage-borrowers-rights.html"},"modified":"2024-07-12T11:59:20","modified_gmt":"2024-07-12T16:59:20","slug":"mortgage-borrowers-rights","status":"publish","type":"page","link":"https:\/\/www.findlaw.com\/realestate\/mortgages-equity-loans\/mortgage-borrowers-rights.html","title":{"rendered":"Mortgage Borrowers’ Rights"},"content":{"rendered":"\n
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Mortgage Borrowers' Rights<\/h1>\n
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\n By Robert Rafii, Esq.<\/a> | Legally reviewed by Robert Rafii, Esq.<\/a>\n | Last updated\n
\n \n <\/i>\n Legally Reviewed\n <\/summary>\n\n
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This article has been written and reviewed for legal accuracy, clarity, and style by FindLaw\u2019s team of legal writers and attorneys<\/a> and in accordance with our editorial standards<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n\n

\n \n <\/i>\n Fact-Checked\n <\/summary>\n\n
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The last updated date refers to the last time this article was reviewed by FindLaw or one of our contributing authors<\/a>. We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please contact an attorney in your area<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n<\/section>\n

A real property mortgage will most likely be the largest and most important loan you get during your lifetime. It’s one you will be paying off for as long as 30 years. So, it pays to take your time when going through the process. It’s important to make sure you understand what you’re signing. Part of this due diligence is getting to know your rights on mortgages.<\/p>\r\n

State law regulates loan servicing and mortgage lending for homeownership. But the federal government has also created laws to protect consumers. The goal is to protect borrowers (mortgagors) and inform them about their rights when dealing with:<\/p>\r\n