This book demystifies all the various mortgage terms, features, and options by offering clear, precise explanations. Expert advice on the most pressing issues, such as whether to use a mortgage brokers, the benefits of paying points versus a larger down payment, and the hazards of cosigning a loan. The truth about common mortgage myths and misperceptions—and the pitfalls you need to avoid. Definitions and explanations of common mortgage-related terms, as well as arcane mortgage terminology, listed alphabetically. > Buy Now

This easy-to-understand, objective, and jargon-free guide helps you fine-tune your finances, figure out what you can afford, and improve your credit score before you go mortgage shopping. You’ll get familiar with the advantages and disadvantages of fixed- and adjustable-rate mortgages, 15- and 30-year loans, and conforming and jumbo packages. You also get help finding and working with reputable professionals, comparing programs, and securing terms you can live with. > Buy Now

Before you take on the largest debt you'll ever have, you should have more - and better - information than you've ever had before. Whether you are a novice or an expert real estate investor this book provides the information you need to finally understand what lending channel, what loan product, and what price point truly fits your need. The Loan Guide is current, clear and complete, and you will find it answers exactly the questions you have, and many that you should have but don't know it. > Buy Now

With definitions of the various types of loans, explanations of credit scores and a discussion of how the Internet has changed the real estate business, the book is a handy reference for anyone involved in real estate transactions-though best for beginners who want a map to navigate their way through the complexities of mortgages. Includes useful advice that is rarely discussed. For example, there is a "rescission" period for refinanced mortgages that gives people a three-day grace period to get out of the mortgage agreement with no penalties. > Buy Now

This book provides a clear, step-by-step guide to effectively shopping for a mortgage. It explains the loan options that you have, how to choose the best one for your unique situation, how to get a handle on the detailed process of getting a home loan, and how to find the right lender. If you are a home buyer you'll be able to determine not just how much house you can qualify for but, more important, what total monthly housing expense you can comfortably afford, including how to figure your specific tax advantages in having a mortgage. > Buy Now

The real value in Mortgage Rip-Offs is found in two areas. The first is learning how to prepare to apply for a mortgage. That preparation saves the originator and processor time and creates a money-saving opportunity for you, the borrower. The second is in learning how mortgage companies and originators are compensated and, most important of all, that the amount of compensation can be negotiated and verified. What it takes to negotiate the best possible rate so you can literally save thousands of dollars. > Buy Now

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 useful guide spells out everything mortgage hunters need to know in clear and accessible terms. It explains 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. > Buy Now