Mortgages 101 : quick answers to over 250 critical questions about your home loan

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. How much house can you afford (or not afford)? Is every mortgage loan the same, or are there specifics to look for that meet your individual needs? How can you increase your chances of getting those almost unbelievable rates you see banks advertising? Is there any end to the paperwork? Questions like these make the mortgage process seem so complex and intimidating, yet they must be worked through in order to achieve the American Dream of home ownership. Because 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 your next home.Thankfully, Mortgages 101 eliminates the confusion and stress with clear-cut answers to all your questions. In this one-stop reference, find everything you need to know from a wide range of mortgage topics. Updated to reflect all the housing market’s latest changes, you will find the latest information on:• Application procedures• Online lenders• New loan and government programs• Qualifying requirements• Zero-down options• Guidelines for self-employed borrowers• And much more!From negotiating the best deal to saving on closing costs, Mortgages 101 supplies the answers and assistance for everything you need until the day you walk through your new front door! Questions about the mortgage process seem so complex and intimidating, yet they must be worked through achieve the American Dream of home ownership. Thankfully, this guide eliminates the confusion and stress with clear-cut answers to all your questions. How much house can you afford (or not afford)? Is every mortgage loan the same, or are there specifics to look for that meet your individual needs? How can you increase your chances of getting those almost unbelievable rates you see banks advertising? Is there any end to the paperwork? Because 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 your next home. In Mortgages 101, you will find the latest information on: Application procedures Online lenders New loan and government programs Qualifying requirements Zero-down options Guidelines for self-employed borrowers In this one-stop reference, find everything you need to know from a wide range of mortgage topics. From negotiating the best deal to saving on closing costs, Mortgages 101 supplies the answers and assistance for everything you need until the day you walk through your new front door! Introduction to mortgages How to know how much home to buy Getting your finances together Down payments and how they impact your mortgage Getting your credit together Credit scores : what they are, how they work, and how to improve them Finding your home loan Loans for good to great credit Refinancing and home equity loans Construction and home improvement loans Finding the best lender Finding the best loan officer Finding the best interest rate Closing costs and how to save on them Using the Internet the right way. Everything you need to know before you borrow. 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 everything you need to know before you sign on the dotted line Before you start looking for your next house, begin here--your one-stop source with the power to eliminate the stress and confusion of securing the money necessary to buy any home. Ce n'est pas toi qui décides ici! Pfff ... Il est temps que je trouve un nouvel endroit où poser mes jambons. [4e de couverture] "Answers common questions about mortgages"-- Provided by publisher