Looking For Loan

Real Estate Lending in the New Millennium: The Sub-prime Market

Author : J. D. Alvarez Number of Pages : 378 Publisher : Red Lead Press

Product Description

This book was designed by the author for persons new to the mortgage lending industry or those simply interested in the field itself. The reader will find that they do not have to read a variety of books to access information from the beginning of the lending process to the end of it. This book will cover all facets of the lending process.

This book was specifically put together in a manner to address what is known as the ''Sub-Prime Market''. With this in mind, the design and flow makes this book conducive to self-education and enables the reader to better understand the principals of the lending process.

The reader will also be able to breakdown formula's used by underwriter's by having practical real use explanations, in addition there will be some background on underwriting practices. The reader will also find explanations on phrase's, forms, acronyms and certain terms that the reader is likely to encounter while working within the mortgage industry.

This information provided will assist the reader in area's such as origination, underwriting, underwriting approvals, the ''closing'' as well as the Secondary Marketing/ Conduit sales process. Other useful information within the book will assist the reader in better understanding contracts, trusts and other legal documents and terms that the reader may directly or indirectly encounter as it relates to the lending process.