CFPB Announces New ‘Know Before You Owe’ Mortgage Shopping Toolkit

“Your Home Loan Toolkit” Will Help Consumers Be Informed Mortgage Shoppers

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today released a new toolkit that guides consumers through the process of shopping for a mortgage and buying a house. Developed as part of the CFPB’s “Know Before You Owe” mortgage initiative, the toolkit will help consumers take full advantage of the new Loan Estimate and Closing Disclosure forms that lenders are required to begin providing in October*.

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