Prospective homebuyers faced with questions about interest rates, mortgage discount points, late penalties, application fees, FHA and VA financing and other factors affecting mortgage costs can find some answers in a pamphlet entitled "Facts on Financing a Home," published by the Fairfax County Consumer Protection Commission.

The pamphlet discusses all the basic types of mortgage loans available for financing a home, but addresses conventional financing in detail because this type of loan is the most prevalent in Fairfax County.

In addition, the pamphlet provides practical information for various mortgage amounts based on current interest rates; advantages of obtaining an insured versus an uninsured conventional loan; fees which a mortgage loan shopper should expect to pay, and the effect of "points" on stated interest rates.

Also included is a random survey - published in chart form - of the mortgage loan terms of three banks, three savings and loan associations, and three mortgage companies all located in the county. The chart reveals home financing cost differences among the institutions.

Copies of the pamphlet are available free at all county public libraries; the Citizens' Assistance desk, Massey Building lobby, 4100 Chain Bridge Road, Fairfax; Administrative Services, fifth floor, Fairfax Building, 10555 Main St., Fairfax, all governmental substations; and the Consumer Protection Commission offices, 4031 University Dr., Suite 402, Fairfax, 22030.