Predatory Lending
Could you spot a predatory lending scheme? Every year, misinformed consumers become victims of predatory lending. Don't let this happen to you! Education is your best defense. Understand your rights and responsibilities and learn to recognize common predatory lending pitfalls.
Publications and websites with information on how to avoid a predatory loan are available below.
DFI Radio and TV Announcements
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Radio Announcement (MP3: 1.14 MB)
Radio announcement from the Washington State Department of Financial Institutions that reminds you to borrow wisely. -
TV Announcement (WMV: 12.5 MB)
TV announcement from the Washington State Department of Financial Institutions that reminds you to educate yourself before you apply for a home loan.
Information from DFI
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About Predatory Lending
Online publication that explains what predatory lending is and how to spot a predatory loan. -
Loan Shopping Tips
Before you begin shopping for a home loan, read these tips. -
Predatory Lending Resources
Links to websites with helpful information about how to avoid predatory loans. -
DFI's Free Guide to Home Loans
Whether you're buying your first home, considering a second mortgage, or refinancing, the loan process can be confusing and complicated - even overwhelming. This free guide will help guide you through the complicated home loan process.
Other Resources
* This document is a PDF file, and you will need Adobe Acrobat Reader to view it. If you don't already have Acrobat Reader installed on your computer, you may download it for free from Adobe.
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