Spanish Consumer Handbook on ARM Loans

The Federal Reserve Board and the Office of Thrift Supervision prepared this 25-page booklet on adjustable-rate mortgages (ARMS). It is designed to help consumers understand an important and complex mortgage option available to home buyers. Topics covered: What is an ARM?; how ARMs work: the basic features; consumer calculations; how can I reduce my risk?; where to get information; glossary of common terms; mortgage checklist. The Spanish-language version is a great way to communicate with your Spanish-speaking customers. 3-3/8” x 8-1/2”