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Which mortgage form is more user-friendly?

Give the government a piece of your mind...please

There's a move in Washington DC to simplify mortgage loans. The new Consumer Financial Protection Bureau is boiling down five pages of complicated mortgage forms.

The new forms attempt to solve the problems of interest rates going up unexpectedly and unfavorable loan terms being buried in the fine print.

The hope is that everyone taking out a mortgage loan will understand exactly what to expect, and what their choices are.

Here's how you can help. The Consumer Financial Protection Bureau has designed two new disclosure forms and posted them on a Web site called "Know Before You Owe." You can vote on which form you think would make it easier to shop for a mortgage.

At the Community Loan Fund, we take pride in our fair and affordable mortgage loans, and share the goal of making every home loan borrower an informed borrower.

Happy voting! And after making your choice on the CFPB site, please leave a comment here telling us why you voted the way you did.

Jennifer Hopkins is the Single-Family Housing Program Manager at the Community Loan Fund.

NMLS #395262. Licensed by the New Hampshire Banking Department.

Opportunity. For all.

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