The 106 Mortgage Secrets All Borrowers Must Learn: But Lenders Don't Tell [Paperback]

One of America’s foremost real estate experts explains the inside secrets of the mortgage business

Every year more than ten million Americans enter the mortgage arena to finance or refinance their homes and rental properties. Yet, most of these people come into the game unprepared for success. This book offers the inside secrets for getting the best mortgage deal possible, from one of real estate’s leading experts, Gary Eldred. He shows readers how to play the game to win and how to make sure loan reps are truly offering the best possible deal. Simple, concise, and comprehensive, this book covers everything mortgage hunters should know, especially the 106 secrets lenders don’t want to reveal.

Gary Eldred, PhD (Gainesville, FL), is a real estate investor and author of numerous real estate titles from Wiley, including The 106 Common Mistakes Homebuyers Make (and How to Avoid Them), Third Edition (0–471–12658–6), Investing in Real Estate, Third Edition (0–471–20164–2) with Andrew McLean, Value Investing in Real Estate (0–471–18520–5), The Complete Guide to Second Homes for Vacations, Retirement, and Investment (0–471–34967–4), and Yes! You Can Own the Home You Want (0–471–09978–3).

One of America’s top real estate authorities explains the inside secrets of the mortgage business

Each year, more than ten million American homebuyers, homeowners, and realty investors enter the mortgage arena to finance or refinance their homes and rental properties. And each year, millions of borrowers pay more than they have to. But you won’t be one of them with Gary Eldred’s 106 Mortgage Secrets All Homebuyers Must Learn–But Lenders Don’t Tell.

Eldred explains all of your mortgage options and gives you the inside information you need to make the most intelligent money–saving choices. He simplifies the complicated math of mortgage financing and tells you how to make sure your loan rep is being honest with you. He covers every aspect of the mortgage process and highlights the key criteria you should always consider when making your decision. With these 106 secrets, you’ll have the confidence and the knowledge to:

• Increase your borrowing power
• Get the lowest interest rate
• Understand ARMs
• Cut the cost of mortgage insurance
• Save big with seller financing, foreclosures, and REOs
• Perfect your credit profile
• Avoid getting taken by the fine print
• Get maximum return on your home investment

There’s no reason to get a good mortgage, when you can get the perfect one for you. Simple, concise, and comprehensive, this book covers everything mortgage hunters should know–especially the 106 secrets lenders don’t want to reveal.

GARY W. ELDRED, PhD, has been a successful real estate investor for over twenty years and has served on the business school faculty at Stanford University and the University of Virginia. He is also the author of numerous real estate titles, such as the Make Money series; The 106 Common Mistakes Homebuyers Make (and How to Avoid Them), Third Edition; Value Investing in Real Estate; The Complete Guide to Second Homes for Vacations, Retirement, and Investment; Yes! You Can Own the Home You Want; and coauthor of Investing in Real Estate, Fourth Edition, all from Wiley.