Editorial Reviews
Amazon.com
Contrary to popular belief, most Americans' largest purchase is not their home. It is their mortgage, since the interest paid over the life of a home loan is usually more than the price of the home itself. And selecting a mortgage can be even more confusing that choosing a home. The fourth edition of The Mortgage Kit explains the intricacies of all the latest financing options in great detail. This can be heavy going, but worthwhile. Author Thomas C. Steinmetz notes that mortgage costs vary widely from lender to lender. Thousands of dollars may be saved by knowing how to compare rates, discount points, and fees to find the best buy. --Barry Mitzman
--This text refers to an out of print or unavailable edition of this title.
Book Description
Getting the very best deal on the mortgage loan is a key financial move for homebuyers, as well as for those looking to refinance a home loan. In the all-new fifth edition of The Mortgage Kit, mortgage guru Tom Steinmetz shares the secrets of how the process works-and how to save money every step of the way. Steinmetz covers new guidelines that govern loans to residential real estate investors and revised criteria for loan refinancing.
Reflecting changes in the financial sector, the book is completely updated throughout, with new sections that:
• Clarify what "automated underwriting" means and why consumers need to know.
• Explain the increasing attention lenders are paying to "credit scoring."
• Outline practical strategies to improve a lagging credit score.
• Provide hands-on Internet mortgage loan advice, resources, and contacts.
The Mortgage Kit is the one-stop mortgage resource, complete with forms, worksheets, and checklists to keep you on track.
Mortgage Kit
Mortgage Kit,Thomas C. Steinmetz,Kaplan Business,0793153719,Business & Economics,Business / Economics / Finance,Business/Economics,Finance,Mortgage loans,Real Estate - Mortgages,United States,Business & Economics / Real Estate
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