Mortgages 101 (Paperback)
Quick Answers to Over 250 Critical Questions about Your Home Loan
Amacom, 9780814438749, 320pp.
Publication Date: February 8, 2018
Everything you need to know before you borrow... Unless you're sitting on a pile of cash, chances are you'll need to take out a mortgage when you're ready to buy a home. But how do you know how much house you can afford? What should you look for in a loan? What kind of paperwork is needed . . . and how do you improve your odds of getting a great rate? Mortgages 101 eliminates the confusion and stress with clear-cut answers to all your questions. Updated to reflect the enormous changes in the mortgage market in recent years, Mortgages 101 is the all-in-one reference you've been looking for. Covering a wide range of topics--from negotiating the best deal to saving on closing costs--this revised third edition provides the latest information on: Application procedures - Online lenders - New loan and government programs - Qualifying requirements - Credit strategies - Down payment assistance and zero-down options - Guidelines for self-employed borrowers - Bankruptcies and waiting periods - Refinancing and home equity loans - Consumer Financial Protection Bureau rules - The Ability-to-Repay mandate - And much more This is THE book you need to read before you sign on the dotted line.
About the Author
DAVID REED has two decades of experience in the mortgage industry as a Senior Loan Officer and Underwriter. He is a regular contributor to Realty Times and the author of several popular books on real estate.