The Pocket Mortgage Guide: 60 of the Most Important Questions and Answers About Your Home Loan - Plus Interest Amortization Tab (Paperback)

by Jack Guttentag (Author), Jack Guttentag (Author) "Borrowers often begin their home search with only the foggiest idea about how much they can afford to pay, which can result in wasted time..." (more)
Key Phrases: initial rate period, upfront mortgage broker, lower settlement costs, Fannie Mae, Freddie Mac, United States (more...)

Editorial Reviews

Product Description
The "Mortgage Professor" answers critical homemortgage questions

This value-packed consumer reference by a nationally syndicated mortgage columnist is indispensable for anyone looking to secure a home mortgage. The Pocket Mortgage Guide answers 50 of the most commonly asked mortgage questions, including:

• How can I find the lowest-cost lender?
• Should I choose a 15-year loan or a 30-year loan?
• What is PMI and how can I cancel it?
• How large a mortgage will I be able to afford?
• What will my monthly mortgage payment be?
• What is a "debt ratio" used for and how is it calculated?
• What is a home equity line of credit and what should it be used for?

The book also provides valuable interest amortization tables and is the perfect resource for home buyers.

From the Back Cover

Everything You Need to Know to Make Getting a Mortgage Simple and Trouble-Free

How large a house will you be able to afford? What is PMI, and why do you have to pay it?

How can you be sure you're not being taken advantage of?

The Pocket Mortgage Guide gives you the authoritative answers you need to simplify the entire mortgage process. This pocket-sized, value-packed guide features:

• Painless techniques for trimming years off the life of your mortgage
• Strategies for including "fix-up" money in your mortgage
• Guidelines for getting the best deal when shopping for a refinancing loan
• Handy tables for looking up what your monthly payment would be at different interest rates

Your mortgage is the biggest financial commitment you'll ever make, and it's up to you to understand how it works. Learn the facts you need to know to get the house--and mortgage--at the lowest possible cost, in The Pocket Mortgage Guide.

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Product Details

• Paperback: 145 pages
• Publisher: McGraw-Hill; 1 edition (November 28, 2003)
• Language: English
• ISBN-10: 0071425217
• ISBN-13: 978-0071425216
• Product Dimensions: 7.6 x 4.2 x 0.3 inches
• Shipping Weight: 4 ounces (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars See all reviews (1 customer review)
• Amazon.com Sales Rank: #240,361 in Books (See Bestsellers in Books)

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Customer Reviews

Most Helpful Customer Reviews

11 of 11 people found the following review helpful:

5.0 out of 5 stars Another Great Book From Guttentag!!!!!!!!!!!!!!!!!!!!!!!!!!!, September 13, 2004

By	Christopher Cruise "LOBooks" (Silver Spring, MD USA) - See all my reviews (REAL NAME)

I have posted a review of this author's Mortgage Encyclopedia. Just as you should not be without that book, neither should you be without this one if you are getting into the mortgage business, are a mortgage veteran, or you are thinking about buying a home.

This book is invaluable, and I say that as the owner of more than a hundred mortgage and homebuying books. It is pocket-sized, covers all the issues you could want to know about, and is written in an authoritative yet accessible style. Buy this book before all other homebuying books.