Mortgages 101: Quick Answers to Over 250 Critical Questions About Your Home Loan

ISBN-13: 9780814401668 / Angielski / Miękka / 2008 / 320 str.

David Reed

Opis

With mortgage stories dominating the front-page news, people--whether they're buying a new house or refinancing--increasingly have questions about the complicated issues at stake. Arranged in an easily accessible question-and-answer format, "Mortgages 101" provides readers with essential lending formulas, as well as important information on lending requirements and application procedures. The book shows readers how to save money by:

- understanding key terms like ARMs and hybrids--and reading what's in the fine print - improving their credit scores to increase their borrowing power - using technology to get the lowest interest rates - maximizing their return on investment, and cutting the cost of mortgage insurance

This revised edition includes up-to-date material on new loan and government programs, as well as changes to the law regarding tax deductions, down payment assistance, reverse mortgages, bankruptcy, negative amortization and more--in short, all the answers readers need, in one must-have reference.