Product Description

Need a mortgage but worried about the market? In Mortgages For Dummies, 3^rd Edition, bestselling authors Eric Tyson and Ray Brown give you proven solutions for obtaining a mortgage, whether you want to buy your first home, refinance, or tap into your equity. You get the latest on sub–prime and adjustable–rate mortgages, finding the best lender, avoiding fiscal pitfalls and foreclosure, and much, much, more!

This easy–to–understand, objective, and jargon–free guide helps you fine–tune your finances, figure out what you can afford, and improve your credit score before you go mortgage shopping. You’ll get familiar with the advantages and disadvantages of fixed– and adjustable–rate mortgages, 15– and 30–year loans, and conforming and jumbo packages. You also get help finding and working with reputable professionals, comparing programs, and securing terms you can live with. Discover how to:

• Match your mortgage to your financial goals
• Qualify for a mortgage even when money is tight
• Find the right loan for you
• Choose the best lender/broker
• Negotiate the best terms
• Calculate your costs and payments
• Understand and complete all paperwork
• Refinance an existing mortgage
• Understand and consider special situation loans
• Explore reverse mortgages and other options
• Decipher amortization tables and comparison worksheets
• Use the Internet wisely when mortgage shopping

Now, more than ever, you need clear, reliable information that helps you get the mortgage you need at a price you can afford. You need Mortgages For Dummies, 3^rd Edition!

Product Details

• Amazon Sales Rank: #170961 in Books
• Published on: 2008-10-01
• Original language: English
• Number of items: 1
• Binding: Paperback
• 312 pages

Review
"Fun–to–read.... Deciphers mortgage mumbo–jumbo." —San Jose Mercury News

"A favorite.... Fun reading and informative." —Minneapolis Star Tribune

"Objective, down–to–earth.... A book I wish I′d read before purchasing my first lemon–of–a–home." —Wilmington News Journal

"Invaluable information, especially for the first time home buyer." —Fort Worth Star–Telegram

Minneapolis Star Tribune
"A favorite.... Fun reading and informative."

Wilmington News Journal
"Objective, down-to-earth.... A book I wish I'd read before purchasing my first lemon-of-a-home."

Customer Reviews

Great for the USA , but not so great for the UK
Great fun book; however not suitable for UK readers as its tailored and written for the USA market. Some points are helpful but as the buying a house process and fees are very different it will not give you a true reflection and will just cause confusion.

Just what the doctor ordered
Excellent, plain English explanation of the various mortgages and how to choose one that best fits your situation. Also details how to shop and negotiate the best deal...with all the hype about shopping on the internet, that excellent chapter alone is worth the price of the book. I learned a lot about "creative financing" techniques like 80-10-10 loans that I knew nothing about before picking up a book. I've tried other mortgage books and found them to be dull and not to the point. This book was a joy to read and left me thinking clearly!