Along with the vast amounts of free information offered on MortgageChampions.org, MCA offers a single fee-based consumer protection service, the MCA Consumer Protection Plan.  With this service, consumers supply MCA with their initial loan disclosure documents, which a qualified MCA representative reviews to check for any signs of possible fraud or gross overcharging, then prior to the loan’s closing the MCA representative will review the closing settlement statement, and will make certain the same loan product, rate and fees requested were given. All MCA representatives are former mortgage professionals who know the inside of the business. MCA does not originate, broker, or lend money. Our only interest is in helping consumers become knowledgeable about facts and pitfalls in the largest investment many consumers will ever make and to assist consumers in receiving a fair and low priced loan product.

The MortgageChampions.org web site will help borrowers learn and evaluate the many major loan products available to them. Providing a list of pros and cons of each product and give basic qualifying guidelines for each product. MCA provides a pre-application guide and home buying checklist that, if used, will give borrowers the opportunity and knowledge to obtain a lower interest rate, a better loan product, and have a smoother more enjoyable home buying experience.  MCA also supplies tips on how lenders sometimes increase their profit at consumer’s expense. Also supplied are easy to find resources to file a complaint to state and federal regulators in the event you have been mistreated by a Mortgage Company.

MCA wants to give consumers information to educate, and better inform them about the mortgage loan process, products, and procedures so they may make better and more informed decisions on loans that meet their particular situation. MCA wants to help eradicate the mortgage industry of bad players, which hurt everyone both inside and outside the industry.

Mortgage Consumer Advocates, Inc. (MCA) is a Texas Non-profit corporation whose mission is to educate and inform consumers on mortgage loans and procedures, give consumers ready access to complaint forms along with state and federal agency’s information in the case of a legitimate dispute with a mortgage provider. It also gives educators and academics tools and resources to inform, teach, and research information on the mortgage industry, and to give the media a source of readily accessible information and experts for news stories and features about the mortgage industry.  MCA also advocates on behalf of consumers for fair, viable, and against needlessly cumbersome regulations to provide them with more opportunities to receive a fair and balanced mortgage loan.

SOURCE:     Mortgage Consumer Advocates, Inc.

CONTACT:  Howard Wayland of Mortgage Consumer Advocates

Phone: 832-444-523

Fax: 281-667-3288,

Email: hwayland@mortgagechampions.org

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