It's Not About Rate: The Right Way To Get A Mortgage [Paperback]

Richard Cohen (Author)

Book Description

Publication Date: March 5, 2007

Although it is normal for homebuyers to feel a little nervous and apprehensive during the mortgage process, getting a loan to buy a house doesn't have to feel like a 440-foot bungee jump. In It's Not About Rate: The Right Way to Get a Mortgage, Richard Cohen writes about how the loan process can be understandable, uncomplicted, and smooth. He demonstrates why interest rate is only one of many factors that a borrower should consider. He explains how to differentiate between "come-ons" and sincere proposals and how to use the pre-approval process to leverage buying power.

Editorial Reviews

About the Author

Richard Cohen's new book, It's Not About Rate: The Right Way to Get a Mortgage, is the culmination of thousands of conversations with new homebuyers. The book is intended to convey a comprehensive yet basic understanding of the mortgage process and the best way to approach it. Richad lives with his wife and daughter in Chicago, IL. He looks forward to his next bungee jump.

Product Details

• Paperback: 100 pages
• Publisher: AuthorHouse (March 5, 2007)
• Language: English
• ISBN-10: 1425991785
• ISBN-13: 978-1425991784
• Product Dimensions: 9 x 6 x 0.2 inches
• Shipping Weight: 4.8 ounces (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #3,962,879 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

5.0 out of 5 stars A Great Introduction to Mortgages, January 5, 2009

By 

Timothy Calkins (Chicago, IL) - See all my reviews
(REAL NAME)   

This review is from: It's Not About Rate: The Right Way To Get A Mortgage (Paperback)

This book is a short, easy to read introduction to the world of mortgages. The basic message is that there is far more to a mortgage than the rate; indeed, a low initial rate is often the sign of trouble to come. This messaage seems far more relevant in 2009 than it did when the book first came out.

There are far more complex mortgage books on the market. This one is appealing because it is simple and practicle. If you are looking for an introduction to mortgages this is a great place to start.

1 of 3 people found the following review helpful:

5.0 out of 5 stars Excellent Guide For First Time Homebuyers, May 25, 2007

By 

Eric Anderson "ejaya" (Tampa, FL USA) - See all my reviews
(REAL NAME)   

This review is from: It's Not About Rate: The Right Way To Get A Mortgage (Paperback)

My journey to being a homeowner started with Richard's book. Based on a review I read on a Washington State real estate blog, I brought a copy. Richard is a mortgage banker, but he writes like a regular human. No fancy pants mumbo jumbo or obscure loanspeak.

The style is direct, non-technical and plain. I like it.

And the content of the book gives you some basis for picking a loan officer and some sophistication in how loans work and how they can be compared.

It's a wonderful place to begin learning about mortgage and well worth the modest price. I have also read David Reed's Mortgage Confidential, which is very good and covers some topics in greater detail. Still, an hour invested in reading this little book will pay the house-hunting novice quite well for the trouble. Try it. You'll like it.