With mortgage stories dominating the frontpage news, peoplewhether theyre buying a new house or refinancingincreasingly have questions about the complicated issues at stake. Arranged in an easily accessible questionandanswer 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 hybridsand reading whats 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 uptodate 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 morein short, all the answers readers need, in one musthave reference.

Binding: Paperback;320 pages; Publisher: Thomas Nelson, Inc.; Classification: N/A; Weight: 509.64 g; Dimensions: N/A

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