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| | Location: Home » Mortgages » General » The Mortgage Kit: Select the Right Loan, Lock in the Lowest Rate, Negotiate the Best Terms | January 9, 2009 |
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| The Mortgage Kit: Select the Right Loan, Lock in the Lowest Rate, Negotiate the Best Terms | 
enlarge | Author: Thomas C. Steinmetz Publisher: Kaplan Business Category: Book
List Price: $19.95 Buy New: $4.76 You Save: $15.19 (76%)
Buy New/Used from $4.49
Avg. Customer Rating:   (4 reviews) Sales Rank: 768814
Languages: English (Original Language), English (Unknown), English (Published) Media: Paperback Edition: 6 Number Of Items: 1 Pages: 328 Shipping Weight (lbs): 1.2 Dimensions (in): 8.9 x 7.2 x 0.8
ISBN: 1419584367 Dewey Decimal Number: 332.722 EAN: 9781419584367 ASIN: 1419584367
Publication Date: November 1, 2006 Release Date: November 1, 2006 Availability: Usually ships in 1-2 business days
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| Editorial Reviews:
Product Description
Saving money. It?s what home loan shopping is all about. And nothing helps you save money and secure the best deal like The Mortgage Kit. By guiding you through the entire mortgage process?from applying to refinancing?this proven bestseller is your one-stop mortgage guide. Bursting with Internet information designed to put you in the driver?s seat, The Mortgage Kit includes an all-new, time-saving Internet resource guide, advice on applying for a mortgage on the Internet, and tips on finding a lender online. And, The Mortgage Kit is packed with hands-on charts, graphs, and worksheets that have helped tens of thousands of homebuyers successfully navigate the mortgage maze. Mortgage guru Thomas Steinmetz leaves no stone unturned by revealing: -Money-saving strategies for applying for a mortgage -Tips on handling problems that may affect mortgage qualification -Strategies on comparison mortgage shopping -The ins and outs of reverse mortgages
Amazon.com Review Contrary to popular belief, most Americans' largest purchase is not their home. It is their mortgage, since the interest paid over the life of a home loan is usually more than the price of the home itself. And selecting a mortgage can be even more confusing that choosing a home. The fourth edition of The Mortgage Kit explains the intricacies of all the latest financing options in great detail. This can be heavy going, but worthwhile. Author Thomas C. Steinmetz notes that mortgage costs vary widely from lender to lender. Thousands of dollars may be saved by knowing how to compare rates, discount points, and fees to find the best buy. --Barry Mitzman
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| Customer Reviews:
  Simple and easy to understand January 5, 2008 2 out of 2 found this review helpful
Are you looking for a mortgage and do not know where to start? Thinking about refinancing you current home? Well this is the right book.
This book teaches you everything you need to know about getting a mortgage from explaining each one in detail to how to fill out the forms. He gives you plain english definitions you will hear when you meet your broker and he gives simple to read charts for detrmining the length of any mortgage.
I like the chart, you will be able to see how much you will pay each month with any given mortgage and any interset rate. The graphs are especially helpful.
This book should be on every book shelf from the motatagor, mortgagee, Mortgage writer, and real estate agent. If everyone understand the basics, then very few people will need to seek help later.
Enjoy
  Very helpful October 5, 2000 11 out of 15 found this review helpful
This book is great for your average Joe who is planning to buy or refinance a home. It is written in simple English with a minimum amount of technical language. As a first time home buyer looking to educate myself, I found it very helpful.
  No that Bad April 6, 2000 37 out of 38 found this review helpful
If only for the calculators and the formulas you should pick this book up. Of all the mortgage books I've read this one has the best charts, calculators. etc. to help you figure out what you can afford and how much your monthly bill will be. It also has an incredible formula to help you compare the many fixed rates that you will be bombarded with. So if you are receiving rates of 7, 7.5, 8 3/8 plus 1, 1 1/2 and 2 points you will be able to calculate the APR for EACH of these different fixed rates. No book that I have read has included such a formula. The book paid for itself just because of this one item.
  Mortgage Kit provides insight in a way you can understand December 5, 1999 77 out of 78 found this review helpful
Most books about mortgages quickly lose your attention because they are written in a way that only insiders can understand. This book explains the process in a way most people can comprehend.I used this book to train myself when I got into the mortgage industry. As a manager in a mortgage company, I use this book as a training tool for mortgage loan officers, so they learn to describe the process and loan programs in a way that the general public can understand. The Mortgage Kit provides a detailed explanation of the entire mortgage process in every day language. It provides great inside tips for consumers about all different aspects of getting a mortgage. Including how to know whether or not your mortgage lender is treating you fairly, and important insights that will protect you from being taken for a ride. All of the important basics are covered; from what your lender will look at when deciding whether or not to approve your loan, to the paperwork you need to pull together before going to apply for a loan and choosing the best mortgage program for your own needs. The book is well organized in its layout. It is educational if you read it cover to cover. But more importantly, it's laidout in a way that allows you to find the topics you have questions about easily, so you can focus on learning the answers to them.
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