Customer Reviews

Mortgages For Dummies, 2nd Edition

5 star:		(4)
4 star:		(2)
3 star:		(2)
2 star:		(1)
1 star:		(0)

 

 

This book was wonderful to read even though it is geared toward the person buying a mortgage, and I am a loan officer, that sells the mortgage. It had numerous terms spelled out so they could be easily understood. It marked off warning signs of things to stay away from. I feel this book will be in my desk for use constantly.

This book saved me about $22,000 when I purchased my house. It prepared me to know what to look for and what to ask for when searching for a mortgage! I had purchased the home buying for dummies book and while reading that I learned I needed to know so much more about the financing aspect. Since it was my first home purchase I was clueless. This book walked me through and helped me discover what my personal needs were. I found my dream house, a perfect fit mortgage, and closed all in 2 weeks. AMAZING!

The book touches on the very basics of buying a home. Lots of industry terms defined - this solves a communication barrier to often seen in this industry. Often times, some lenders forget to check the literacy of there clients and breeze through the whole process without defining some key terms. With this book, loan officers/brokers/agents and clients are on the same page.

First time buyers who read this book will feel a little more confident, especially with reading articles and books pertaining to buying/investing in a home.

I recommend this book for anyone who's thinking about buying their first home. Actually, these types of books should be mandatory readings in high school and college for what it's worth.

I've read a few of these books and they're all pretty easy reads. B/c it's for "dummies", everything is explained in simple terms. I will say though that the mortage for dummies series, well the material is often repepitive so I don't think it's critical to buy a bunch of these books. But if there is one book to start off with, it's this one.

The author goes into budgeting, what to look for in a good realtor, how the entire home buying process works, who's on your team and what their job is (realtor, escrow officer, loan officer etc), what a good inspection report should look like etc etc.

Like all "dummies" books, there are distinct icons representing things to look out for when reading. Overall, it's an easy read and very informative.

Navigating the mortgage landscape can be difficult - economic woes or not. This book is great for the first time home buyer, and without it, I would have not been able to navigate the process as well as I did. Good book, straightforward, a must for the first time homeowner.

I've always learnt a lot from the "XXXX for Dummies" series. Highly recommend this one if you have no idea about mortgages and how things work.

not a book you want to purchase if you want to learn the business but great if you are a home owner.

Very well written... useful not only for mortgage shoppers but also for professionals working in fields related to Financial Services!

I learned nothing from this book that I didn't already know. After talking with friends and family and finding a good mortgage banker I trusted, I knew what I needed to. I was very disappointed in it!