How to take full advantage of changing interest rates, the details of getting a mortgage to purchase a home, dealing with banks and other mortgage holders, and much more. Here's a reliable guide for... This description may be from another edition of this product.
This is an excellent book on mortgage financing. Many times people don't realize that getting a good interest rate can save them a lot of money on monthly payments and over a period of 30 years, it adds up. This book covers topics such as loan-to-value ratios, loan shopping, the loan application process, discount points, seller financing, refinancing costs, time value of money, and adjustable rate mortgages. If you are a home buyer, investor, or real estate professional, you should definitely understand the topics covered in this book. I think that if more people understood mortgage financing, they would have not gotten themselves into adjustable rate mortgages that contributed to a lot of foreclosures during the current economic crisis. - Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
The layman's guide to learning the mortgage industry
Published by Thriftbooks.com User , 26 years ago
This book is an excellent source for obtaining a comprehensive knowledge of the mortgage industry. Whether you are a prospective home buyer seeking to save money on a mortgage, or seeking knowledge and training for a job in the mortgage industry, this book tells just about all there is to know about the important points of financing a home. This book is written in language that just about anyone can understand, and if it is followed with relative care from beginning to end, a strong foundation of mortgage industry knowledge can be obtained. This book is written from the standpoint of empowering home-buyers with valuable, unbiased knowedge of the industry, and I highly recommend it for this purpose as I use the knowledge contained in it every day.
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