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Module 3
Preparing for Home Ownership
Buyers Beware
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What to Do If You Are a Victim of Predatory Lending

Agencies That Can HelpIf you think you may have been a victim of a predatory lender there are several organizations and agencies that you can contact for help. For a list of local resources by state, visit the HUD Web site.

How to File a ComplaintTo file a complaint about abusive lending practices, contact the appropriate agencies listed on the HUD Web site.

Helpful Links

Sites with More Information
To learn more about predatory lending, visit the following sites:

Center for Responsible Lending
Freddie Mac's How to Avoid Predatory Lending
HUD's Don't Be a Victim
National Foundation for Credit Counseling

These helpful links are also available in the Resources area.

Next Step
Congratulations — you have finished Preparing for Home Ownership! Use the Key Points Summary to review the topics you learned, and then test your homeowner knowledge with our Quick Quiz.

When you are finished, continue to Steps for Buying a Home for a walk-through of the home-buying process.

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