How to Save Thousands of Dollars on Your Home Mortgage [Paperback]

Find The Home Mortgage That′s Right For You

Finding the right mortgage can be complex, confusing, and frustrating. But that doesn′t mean you have to settle for anything other than the terms you want. This indispensable and newly updated second edition of How to Save Thousands of Dollars on Your Home Mortgage spells out everything mortgage hunters need to know in clear and accessible terms. It covers more loan alternatives than any other book and examines the importance of discount points. It offers complete details on virtually every mortgage option currently available, what advantages each option offers, how to choose the right one for your needs, and how to save money in the process. New information in this edition will help you use the Internet to find a home and get a mortgage, examine automated underwriting models and conforming loan limits, and weigh new shopping strategies. Easy–to–read charts and graphs, helpful sample forms, and numerous examples will help you understand:
∗ First–time buyers programs
∗ APR, buy–downs, reverse mortgages, accelerated payoffs, and zero point loans
∗ Refinancing strategies
∗ Closing costs, lender fees, and other expenses
∗ How to dispute credit report errors and fix credit problems
∗ How to use the Internet for loan analysis

Simple rules to saving thousands of dollars.
The key to getting the best deal on your mortgage lies in understanding these three simple rules:

Ignorance is Expensive

Education is Cheap

Knowledge is Power

Lenders know 10 or 20 times as much as you do about loans so you start out at a tremendous disadvantage. If you want to negotiate a better deal, you had better be on an equal footing with them. To do that, you need to get an education and my book is the place to start. A mere $11.96 and four to five hours of effort can make a huge difference in making intelligent decisions about your family's financial future. True the promise in the title, you can save thousands of dollars.

This is an easy-to-read book that actually makes getting a loan fun. You will understand why it is the #1 selling mortgage book at amazon.com. --This text refers to an out of print or unavailable edition of this title.

Find The Home Mortgage That’s Right For You

Finding the right mortgage can be complex, confusing, and frustrating. But that doesn’t mean you have to settle for anything other than the terms you want. This indispensable and newly updated second edition of How to Save Thousands of Dollars on Your Home Mortgage spells out everything mortgage hunters need to know in clear and accessible terms. It covers more loan alternatives than any other book and examines the importance of discount points. It offers complete details on virtually every mortgage option currently available, what advantages each option offers, how to choose the right one for your needs, and how to save money in the process. New information in this edition will help you use the Internet to find a home and get a mortgage, examine automated underwriting models and conforming loan limits, and weigh new shopping strategies. Easy–to–read charts and graphs, helpful sample forms, and numerous examples will help you understand:

• First–time buyers programs
• APR, buy–downs, reverse mortgages, accelerated payoffs, and zero point loans
• Refinancing strategies
• Closing costs, lender fees, and other expenses
• How to dispute credit report errors and fix credit problems
• How to use the Internet for loan analysis

RANDY JOHNSON is President of Independence Mortgage Company and has personally originated over $600 million in residential loans. He is also the author of How to Find a Home and Get a Mortgage on the Internet, available from Wiley. Visit his Web site at www.loan–wolf.com.