Mortgages 101: Quick Answers to Over 250 Critical Questions about Your Home Loan, Paperback/David Reed

Descriere

Everything you need to know before you borrow... Unless you're sitting on a pile of cash, chances are you'll need to take out a mortgage when you're ready to buy a home. But how do you know how much house you can afford? What should you look for in a loan? What kind of paperwork is needed . . . and how do you improve your odds of getting a great rate? Mortgages 101 eliminates the confusion and stress with clear-cut answers to all your questions. Updated to reflect the enormous changes in the mortgage market in recent years, Mortgages 101 is the all-in-one reference you've been looking for. Covering a wide range of topics--from negotiating the best deal to saving on closing costs--this revised third edition provides the latest information on: Application procedures - Online lenders - New loan and government programs - Qualifying requirements - Credit strategies - Down payment assistance and zero-down options - Guidelines for self-employed borrowers - Bankruptcies and waiting periods - Refinancing and home equity loans - Consumer Financial Protection Bureau rules - The Ability-to-Repay mandate - And much more This is THE book you need to read before you sign on the dotted line.