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

by David Reed (Author)

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.

Author Biography

David Reed is a seasoned mortgage banker and a columnist for "Realty Times" and "Mortgage Originator" magazine. He is the author of "Mortgage Confidential" (978-0-8144-7369-6), "Your Guide to VA Loans" (978-0-8144-7435-8), "Who Says You Can't Buy a Home! "(978-0-8144-7340-5), and "Your Successful Career as a Mortgage Broker "(978-0-8144-7370-2).