Not Knowing These Mortgage Terms Can COST YOU | Part 3 of 14

Mortgage terms aren’t a foreign language… but if you don’t truly understand them, they might as well be.

We’ll talk favoritism, discrimination (yes, the real history), Oscar the Grouch 🗑️, and why “garbage in, garbage out” can wreck an otherwise solid mortgage file. This isn’t scare tactics — it’s protection. Because if you don’t understand how these systems work, someone else can absolutely use that against you. And trust me… they will try.

Weak Letters LOSE HOMES (Mortgage Pre-approval) | Part 4 of 14

How I Help First-Time Buyers Get Their Dream Homes | START HERE | Part 1 of 14

For complete licensing information, please go to nmls.org | Company NMLS #129386 | Heidi Gates NMLS #162420 | Equal Housing Lender

Mortgage 1 ("the company") maintains policies and procedures designed to protect the integrity and security of consumer and customer information. Mortgage 1 Inc. is a national mortgage servicer and accepts payments from consumers. We are required to be licensed as a debt collection company. NMLS #129386. Thank you for considering Mortgage 1 for your mortgage financing needs. The Mortgage 1 Inc. Website uses cookies, tracking pixels and related technologies that collects personal information. Cookies are small data files that are served by our platform and stored on your device. Our site uses cookies dropped by us for a variety of purposes including to operate and personalize the website. Also, cookies may also be used to track how you use the site to target ads to you on other websites.

Mortgage 1, Inc. is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age (provided you have the capacity to enter into a binding contract), because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. The federal agency that administers our compliance with these federal laws is the Consumer Financial Protection Bureau P.O. Box 4503 Iowa City IA 52244

The actual payment amount will vary based upon credit history, rates in effect at the time of consummation, LTV and other credit factors. An LTV ratio above 80% may result in a need for mortgage insurance. If mortgage insurance is required, the amount of your payment will increase. The APR is subject to change at any time prior to consummation, and individual APRs may vary for loan purchases and loan refinances due to loan programs being offered, loan volume, or other factors. All borrowers are subject to qualification, underwriting approval, lender terms, and conditions. Terms, conditions, and rates are subject to change without notice. The information provided is for dissemination to and for the use of real estate and financial entities only and is not an advertisement for the extension of credit to consumers. Online homeownership education may be required. Equal housing lender, NMLS#129386

Not Knowing These Mortgage Terms Can COST YOU | Part 3 of 14

Weak Letters LOSE HOMES (Mortgage Pre-approval) | Part 4 of 14

How I Help First-Time Buyers Get Their Dream Homes | START HERE | Part 1 of 14

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