Customer Reviews

28
4.7 out of 5 stars
Mortgages 101: Quick Answers to Over 250 Critical Questions About Your Home Loan
Format: PaperbackChange
Price:$15.21 + Free shipping with Amazon Prime
Your rating(Clear)Rate this item


There was a problem filtering reviews right now. Please try again later.

24 of 26 people found the following review helpful
on April 24, 2005
Format: Paperback
I train residential mortgage loan originators around the country and I recommend this book to all of them. I have learned more from this book than from dozens of other books combined. Do not lend or broker mortgage money without reading this book; you will learn more from this book than you would from spending ten years in the business.
0CommentWas this review helpful to you?YesNoSending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
16 of 17 people found the following review helpful
on March 22, 2005
Format: PaperbackVerified Purchase
Dave Reed has written an excellent book. His style of a Q & A format makes for easy reading and he keeps the answers short and on point. I own a mortgage company and a real estate brokerage, and I think his book could easily be used by the following 3 groups:

1) People shopping for a loan

2) Realtors who want to familiarize themselves with the multitude of loan products available.

3) Any agent new in the industry. I would advise every lender to have a copy on hand. If you get a new agent who is inexperienced, put them in a corner their first day on the job and have them read this book.

I think Mr. Reed has done a thorough job explaining what is currently out there in the way of mortgages, and his Q & A format worked because that is typically how a loan officer gets and delivers information, i.e. "If I do that what happens?" or "Can I buy this house with this much or that much down?"

He strongly encourages in this book to find an experienced loan agent who is working in your best interest. Even though there are a loans available these days, not all make financial sense to all people. Sometimes a borrower just has to take what is offered due to job history, credit history, or lack of downpayment. But, the good news is that people can now get loans who could not get loans in the recent past (at somewhat reasonable rates). Real Estate has been so good to so many people, that it is undeniably the best investment for the average person. I've seen it too many times in my 19 years of being in the business. Dave Reed has done much to add to the understanding of loans for the average person.

Good job Dave on this great book.
0CommentWas this review helpful to you?YesNoSending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
12 of 13 people found the following review helpful
on December 15, 2004
Format: Paperback
Mortgages 101 is an easy to read, down to earth, book, to provide information to people about what goes on in a mortgage process. Any question you might have about a mortgage, credit, is answered in an easy to comprehend fashion. I truly believe this book should be in every Realtor's office and in the hands of any prospective buyer or seller of Real Estate. All a person has to do is have a question and look up the question. From deciding whether to rent or buy; what type of loan is best; credit scores. It's all there. I highly recommend this book
0CommentWas this review helpful to you?YesNoSending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
14 of 16 people found the following review helpful
on October 12, 2004
Format: Paperback
I picked this book because it was kind of a cross between Mortgages for Dummies because it was easy to get through and find different information and other mortgage books that get so technical that they're boring. One of the quotes on the back cover said something like "...the book on getting the lowest rate is worth the price of admission alone..." I couldn't agree more. I'm buying my second house now and wish I had this book the first time around.
0CommentWas this review helpful to you?YesNoSending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
10 of 11 people found the following review helpful
on June 7, 2005
Format: Paperback
I refused to be clueless while purchasing My home. I bought a few mortagage books. This one was the best.. It gives detail information on each type of loan out there and its pros and cons. Any time I heard a new term I simply searched for the term in this book. I went from knowing nothing to feeling secure in what I wanted. It was also easier to tell My Bank exactly what I was looking for. After speaking with a Loan officer and telling her exactly what I wanted she paused and said "you have been reading haven't you".
0CommentWas this review helpful to you?YesNoSending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
2 of 2 people found the following review helpful
on June 4, 2009
Format: PaperbackVerified Purchase
It is certainly a very helpful resource for most people who don't get to learn much about the mortgage market and industries. I certainly had to buy a home during the turmoil and it helped me shed some light on mortgage industries, how brokerage industries work and so forth. Also it includes lots of things that you should ask or consider when you are getting a mortgage.
0CommentWas this review helpful to you?YesNoSending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
3 of 4 people found the following review helpful
on January 22, 2007
Format: Paperback
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.
0CommentWas this review helpful to you?YesNoSending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
1 of 1 people found the following review helpful
on June 21, 2011
Format: PaperbackVerified Purchase
This book was invaluable as I prepared to purchase my first home. The book is written in question and answer format, so it is easy to focus on the topics that are most relevant. With the knowledge in this book behind me, I felt that I could talk to a mortgage broker with some knowledge and wasn't confused by all ther terms. I landed a great mortgage, thanks to this book.
0CommentWas this review helpful to you?YesNoSending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
3 of 4 people found the following review helpful
on July 3, 2006
Format: Paperback
I would recommend this book to any first time homebuyers who are intimidated about the entire mortgage process. Reading this book will truly make you feel smart about shopping around for a mortgage and will ensure that you are ready before committing to the biggest loan of your life. The "answer-question" format featured in the different chapters makes this book an easy and fast read.
0CommentWas this review helpful to you?YesNoSending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
1 of 1 people found the following review helpful
on August 11, 2014
Format: Kindle Edition
Excellent info, but navigation on a kindle sucks, if I want to find another chapter about a similar topic. It is designed for a cover to cover read without cross reference or find it easy. But when I actually start looking for a house, this is a difficult reference book to navigate. Needle in haystack.
0CommentWas this review helpful to you?YesNoSending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
     
 
Customers who viewed this also viewed
Mortgages For Dummies, 3rd Edition
Mortgages For Dummies, 3rd Edition by Eric Tyson (Paperback - October 6, 2008)
$14.53


 
     

Send us feedback

How can we make Amazon Customer Reviews better for you?
Let us know here.

Your Recently Viewed Items and Featured Recommendations 
 

After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in.