Mortgages 101: Quick Answers to Over 250 Critical Questions About Your Home Loan
20080707 by Blogmaster
Mortgages 101: Quick Answers to Over 250 Critical Questions About Your Home Loan
 |   Author : David Reed Edition : Second Edition Number of Pages : 320 Publisher : AMACOM |
Book Description
With mortgage stories dominating the front-page news, people--whether they're buying a new house or refinancing--increasingly have questions about the complicated issues at stake. Arranged in an easily accessible question-and-answer format, Mortgages 101 provides readers with essential lending formulas, as well as important information on lending requirements and appliÂcaÂtion procedures. The book shows readers how to save money by:understanding key terms like ARMs and hybrids--and reading what's in the fine print * improving their credit scores to increase their borrowing power * using technology to get the lowest interest rates * maximizing their return on investment, and cutting the cost of mortgage insurance This revised edition includes up-to-date material on new loan and government programs, changes to the law regarding tax deductions, down payment assistance, reverse mortgages, bankruptcy, negative amortization and more--in short, all the answers readers need, in one must-have reference.
Book Description
With mortgage stories dominating the front-page news, people—whether they’re buying a new house or refinancing—increasingly have questions about the complicated issues at stake. Arranged in an easily accessible question-and-answer format, Mortgages 101 provides readers with essential lending formulas, as well as important information on lending requirements and application procedures. The book shows readers how to save money by:
• understanding key terms like ARMs and hybrids—and reading what’s in the fine print • improving their credit scores to increase their borrowing power • using technology to get the lowest interest rates • maximizing their return on investment, and cutting the cost of mortgage insurance
This revised edition includes up-to-date material on new loan and government programs, as well as changes to the law regarding tax deductions, down payment assistance, reverse mortgages, bankruptcy, negative amortization and more—in short, all the answers readers need, in one must-have reference.
Customer reviews
Mortgage Book by .. S. Martin (Southern Maryland)
I ordered several mortgage books to use as reference tools as I begin my new loan officer career. I have not had a chance to read the book yet, but I feel confident that it will serve well as a reference tool. It was as described, and shipped in a timely fashion.
Get you basics cleared here! 
by .. Preminder Singh (CA, USA)
Good Book to get familiar with the jargon thrown at you by the realtors. Also covers some mortgage related history, math you need to know while answering the basic questions you have...
So simple! by .. J.A. Obsideo (COM)
Breaks down industry terms into bite sized chunks. Concepts are clear and simple. Put this in your backpack when talking with lenders/brokers/agents.
Excellent Explanation of Basics by .. J. London (California, USA)
This book helped me understand the mortgage jargon. I feel more confident of certain terms and mortgage products which can confuse anyone that is unsuspecting of mortgage dealings. Great Book!!!!
Mortgages 101 by .. Shesheldon (Kalamazoo, MI USA)
Mortgages 101 is an excellent resource for current home-owners, and aspiring ones. It provides a smart, clear understanding of the topic, and is relevent and accessible to a broad range of people and experiences. The question/answer format is easy to flip through, and is quite thorough. There is some very practical and realistic information for low to moderate income homeowners that are at-risk for predatory lending and other threats that can lead to foreclosure. This book is being strongly considered for the Post Purchase Education Curriculum --geared toward recent Home Owners--at a Local, Non-profit Home-Ownership Center.
