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An Insider's Guide to Refinancing Your Mortgage: Money-Saving Secrets You Need to Know
 
 
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An Insider's Guide to Refinancing Your Mortgage: Money-Saving Secrets You Need to Know (Paperback)

by David Reed (Author)
Key Phrases: subprime hybrid, best loan officer, refinancing your mortgage, Document Stamp, Fannie Mae, Lending Tree (more...)
4.0 out of 5 stars See all reviews (1 customer review)

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Frequently Bought Together

Customers buy this book with Mortgage Ripoffs and Money Savers: An Industry Insider Explains How to Save Thousands on Your Mortgage or Re-Finance by Carolyn Warren

An Insider's Guide to Refinancing Your Mortgage: Money-Saving Secrets You Need to Know + Mortgage Ripoffs and Money Savers: An Industry Insider Explains How to Save Thousands on Your Mortgage or Re-Finance

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Editorial Reviews

Review

“Author and senior loan officer Reed…is back to impart advice and insider tips for people finding themselves in the current rush to refinance. Here, he skillfully outlines the process from start to finish...Recommended for all public libraries.” --Library Journal



One of Library Journal's Best Business Books of 2008: "Senior loan officer Reed offers an easy-to-understand but still admirably detailed guide to shopping for mortgages and refinancing the mortgage you have; helpful tips and commonsense strategies abound."



Book Description

For many homeowners, refinancing a mortgage can save them significant money, considerably reducing their monthly payments. It can also give them breathing space to pay off debts or allow them to make other investments, pay for college, or finance home improvements. An Insider’s Guide to Refinancing Your Mortgage is dedicated to an often-misunderstood aspect of mortgage lending: refinancing a mortgage loan. Readers will learn why to refinance, when to finance, as well as how to find the best lender, loan officer, and rate. Mortgage expert David Reed takes readers step bystep through the refinance process and shows them how to evaluate their current loan program and compare it with other options. By following Reed’s invaluable advice, homeowners will learn:

when a refinance is right for them • how to lock in the absolute lowest rate at the lowest cost • how the mortgage process works from the inside • how loan officers get paid • how to identify and avoid predatory lenders • how to negotiate closing costs

An Insider’s Guide to Refinancing Your Mortgage will save readers money and heartache when negotiating a loan.



See all Editorial Reviews

Product Details

  • Paperback: 224 pages
  • Publisher: AMACOM; illustrated edition edition (September 15, 2008)
  • Language: English
  • ISBN-10: 0814409350
  • ISBN-13: 978-0814409350
  • Product Dimensions: 8.9 x 6 x 0.7 inches
  • Shipping Weight: 12.8 ounces (View shipping rates and policies)
  • Average Customer Review: 4.0 out of 5 stars See all reviews (1 customer review)
  • Amazon.com Sales Rank: #106,938 in Books (See Bestsellers in Books)

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    #15 in  Books > Business & Investing > Real Estate > Mortgages

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1 of 1 people found the following review helpful:
4.0 out of 5 stars Good Primer to Refinancing Your Current Mortgage, December 21, 2008
"Insider's Guide to Refinancing Your Mortgage" contains good basic information that focuses more on refinancing rather than qualifying for a first-time home loan.

The following topics are covered:

1. Types of refinance mortgages.
2. Reasons to refinance and when not to refinance.
3. Finding the best lender.
4. Finding the best interest rates.
5. How to save on closing costs.

Also included is a helpful table that shows how much your monthly payment would be based on the amount of the loan, length of loan (10 to 40 years), and interest rate.

A good guide for the person who wants to learn basic information about refinancing.

Recommended.
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