Compliance and Disclosures

Equal Housing Lender

We proudly conform to the Equal Housing Lender requirements. All loans are subject to credit approval and acceptable collateral. Additional terms and conditions apply. Programs, rates, terms and conditions may change without notice. All programs are not available in all states. There is no guarantee that all borrowers will qualify. Restrictions may apply. This is not a commitment to lend. Terms, conditions and programs are subject to change without notice.

Equal Credit Opportunity Act

The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicant on the bases of race, color, religion, national origin, sex, marital status, age (providing the applicant has the capacity to enter into a binding contract); because all or part of the applicants income derives from any public assistance program; or because applicant has in good faith exercised any right under the Consumer Credit Protection Act.

Home Mortgage Disclosure Act

The HMDA data about our residential mortgage lending is available online at the Consumer Financial Protection Bureau’s website at https://ffiec.cfpb.gov. The data includes the geographic distribution of loans and applications; ethnicity, race, sex, age, and income information of applicants and borrowers; and information about loan approvals and denials.

CDFI Products and CDFI Logo

Change Home Mortgage and its loan products are not sponsored or endorsed by the U.S. Treasury Department or any other government agency.

Note: No/low income documentation loans may have a higher interest rate, more points, or more fees than other loan products requiring full documentation. We also offer a full range of traditional loan products.

The Community Mortgage loan program is not available in DC, MD, ME, NV, PA, WA, or WV. CA: Interest-only may be prohibited based on FICO score restrictions. CO: All loan transactions require fully executed CO LO Reasonable Inquiry Attestation and HUD Counseling Certification from the Colorado Housing Assistance Corporation. IL: Allowed provided payment is based on fully indexed rate. TX: Interest-only prohibited. TX 50(a)(6) not permitted. OH: Interest-only prohibited on Adjustable-Rate (ARM) loans. Community Mortgage and DSCR products are unavailable in PA.

FHA and USDA Loans

FHA and USDA Loans require an upfront and annual mortgage insurance premium. The upfront premium may be included in your loan amount. CHM is not affiliated with, sponsored or endorsed by a government agency.

Veterans Administration (VA) Loans

VA loans require an upfront Guarantee Fee. The upfront Guarantee Fee may be included in your loan amount. CHM is not affiliated with, sponsored or endorsed by a government agency.

Refinance

By refinancing your existing mortgage, your total finance charge may be higher over the life of the loan.