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Editorial Reviews
Robert Bruss, San Francisco Examiner, June 7 1998
At last, here's a 'how to get a mortgage' book that takes the borrower's side, explaining how lenders earn their biggest profits and how borrowers can take advantage of lenders....This is one of the few 'how to get a mortgage' books that cannot be recommended to highly. It's not perfect (the reverse mortgage section is very superficial), but the insider knowledge makes up for the weaknesses. Home buyers, realty agents, mortgage lenders and homeowners should study this book to understand the real workings of the huge home mortgage industry. --This text refers to an out of print or unavailable edition of this title.
Product Description
Find The Home Mortgage That's Right For You
Finding the right mortgage can be complex, confusing, and frustrating. But that doesn't mean you have to settle for anything other than the terms you want. This indispensable and newly updated second edition of How to Save Thousands of Dollars on Your Home Mortgage spells out everything mortgage hunters need to know in clear and accessible terms. It covers more loan alternatives than any other book and examines the importance of discount points. It offers complete details on virtually every mortgage option currently available, what advantages each option offers, how to choose the right one for your needs, and how to save money in the process. New information in this edition will help you use the Internet to find a home and get a mortgage, examine automated underwriting models and conforming loan limits, and weigh new shopping strategies. Easy-to-read charts and graphs, helpful sample forms, and numerous examples will help you understand:
* First-time buyers programs
* APR, buy-downs, reverse mortgages, accelerated payoffs, and zero point loans
* Refinancing strategies
* Closing costs, lender fees, and other expenses
* How to dispute credit report errors and fix credit problems
* How to use the Internet for loan analysis
See all Editorial Reviews
At last, here's a 'how to get a mortgage' book that takes the borrower's side, explaining how lenders earn their biggest profits and how borrowers can take advantage of lenders....This is one of the few 'how to get a mortgage' books that cannot be recommended to highly. It's not perfect (the reverse mortgage section is very superficial), but the insider knowledge makes up for the weaknesses. Home buyers, realty agents, mortgage lenders and homeowners should study this book to understand the real workings of the huge home mortgage industry. --This text refers to an out of print or unavailable edition of this title.
Product Description
Find The Home Mortgage That's Right For You
Finding the right mortgage can be complex, confusing, and frustrating. But that doesn't mean you have to settle for anything other than the terms you want. This indispensable and newly updated second edition of How to Save Thousands of Dollars on Your Home Mortgage spells out everything mortgage hunters need to know in clear and accessible terms. It covers more loan alternatives than any other book and examines the importance of discount points. It offers complete details on virtually every mortgage option currently available, what advantages each option offers, how to choose the right one for your needs, and how to save money in the process. New information in this edition will help you use the Internet to find a home and get a mortgage, examine automated underwriting models and conforming loan limits, and weigh new shopping strategies. Easy-to-read charts and graphs, helpful sample forms, and numerous examples will help you understand:
* First-time buyers programs
* APR, buy-downs, reverse mortgages, accelerated payoffs, and zero point loans
* Refinancing strategies
* Closing costs, lender fees, and other expenses
* How to dispute credit report errors and fix credit problems
* How to use the Internet for loan analysis
See all Editorial Reviews
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