MORTGAGE CONFIDENTIAL

2. Auflage 2010
ISBN: 978-0-8144-1543-6
Verlag: McGraw-Hill Education

Buch, Englisch, 240 Seiten, Format (B × H): 152 mm x 231 mm, Gewicht: 283 g

Anyone who wants to get the best deal when financing a home needs to be armed with a little insider advice. The second edition of Mortgage Confidential lets readers in on what lenders really look for before they approve a loan, options they won’t often divulge, which costs they have control over, and little-known sources of down payment money. Including up-to-the-minute information on new licensing and disclosure rules and the latest eligibility requirements, the book shows readers how to: Complete the loan application to maximize their chances of approval • Steer clear of credit repair scams • Pay zero closing costs • Qualify for the lowest rates • Avoid origination charges • Determine whether paying “points” can save them money • Identify a “rip-off” loan program • Refinance—even if their equity has dropped • And more! Whether looking into securing a mortgage for the first time or seeking to refinance, Mortgage Confidential gives readers the confidence and information necessary to get through this complicated process and find the ideal loan for their needs.

Autoren/Hrsg.

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Betriebswirtschaft: Theorie & Allgemeines

Inhaltsverzeichnis

Contents Introduction 1 CHAPTER 1 Where Mortgage Loans Really Come From 4 CHAPTER 2 The Mortgage Loan Process 36 CHAPTER 3 Risk Elements 59 CHAPTER 4 Closing Costs 77 CHAPTER 5 Interest Rates 97 CHAPTER 6 Credit 128 CHAPTER 7 Loan Choices 149 CHAPTER 8 Refinancing 169 CHAPTER 9 Buying and Building New 188 APPENDIX Payment Tables 205 Glossary 212 Index 225

Über Autor(innen)

DAVID REED (Austin, TX) is the author of several books, including Mortgages 101 (978-0-8144-0166-8). As a senior loan officer, he has closed more than 2,000 mortgage loans. He is a columnist for Realty Times and a member of the Mortgage Speakers Bureau.