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| Mortgages 101: Quick Answers to Over 250 Critical Questions About Your Home Loan | 
 enlarge | Author: David Reed
Publisher: AMACOM
Category: Book
List Price: $16.95
Buy New: $5.99
You Save: $10.96 (65%)
Buy New/Used from $5.99
Avg. Customer Rating:  (12 reviews)
Sales Rank: 424389
Languages: English (Original Language), English (Unknown), English (Published)
Media: Paperback
Edition: 2nd
Number Of Items: 1
Pages: 320
Shipping Weight (lbs): 1.1
Dimensions (in): 8.9 x 5.7 x 0.9
ISBN: 081440166X
Dewey Decimal Number: 332.722
EAN: 9780814401668
ASIN: 081440166X
Publication Date: May 2, 2008
Availability: Usually ships in 1-2 business days
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| Customer Reviews:
The best investment you can make before taking the most important decision of your life! July 3, 2006
3 out of 4 found this review helpful
I would recommend this book to any first time homebuyers who are intimidated about the entire mortgage process. Reading this book will truly make you feel smart about shopping around for a mortgage and will ensure that you are ready before committing to the biggest loan of your life. The "answer-question" format featured in the different chapters makes this book an easy and fast read.
Must read!! September 23, 2005
8 out of 9 found this review helpful
Simply put, this is a must read for anyone getting a mortgage. The book is easy to read, well laid out and very informative. It's shocking how much of the closing costs of BS fees. I saved $2,500 on my refinance directly due to this book. I only wish I read it sooner as I would have saved more from previous mortgages and refi's.
Buy this book, you won't regret it!
if you know nothing!! Purchase this book. June 7, 2005
10 out of 11 found this review helpful
I refused to be clueless while purchasing My home. I bought a few mortagage books. This one was the best.. It gives detail information on each type of loan out there and its pros and cons. Any time I heard a new term I simply searched for the term in this book. I went from knowing nothing to feeling secure in what I wanted. It was also easier to tell My Bank exactly what I was looking for. After speaking with a Loan officer and telling her exactly what I wanted she paused and said "you have been reading haven't you".
This book is a must read for anyone in the business April 24, 2005
23 out of 24 found this review helpful
I train residential mortgage loan originators around the country and I recommend this book to all of them. I have learned more from this book than from dozens of other books combined. Do not lend or broker mortgage money without reading this book; you will learn more from this book than you would from spending ten years in the business.
An Excellent Primer March 22, 2005
16 out of 17 found this review helpful
Dave Reed has written an excellent book. His style of a Q & A format makes for easy reading and he keeps the answers short and on point. I own a mortgage company and a real estate brokerage, and I think his book could easily be used by the following 3 groups:
1) People shopping for a loan
2) Realtors who want to familiarize themselves with the multitude of loan products available.
3) Any agent new in the industry. I would advise every lender to have a copy on hand. If you get a new agent who is inexperienced, put them in a corner their first day on the job and have them read this book.
I think Mr. Reed has done a thorough job explaining what is currently out there in the way of mortgages, and his Q & A format worked because that is typically how a loan officer gets and delivers information, i.e. "If I do that what happens?" or "Can I buy this house with this much or that much down?"
He strongly encourages in this book to find an experienced loan agent who is working in your best interest. Even though there are a loans available these days, not all make financial sense to all people. Sometimes a borrower just has to take what is offered due to job history, credit history, or lack of downpayment. But, the good news is that people can now get loans who could not get loans in the recent past (at somewhat reasonable rates). Real Estate has been so good to so many people, that it is undeniably the best investment for the average person. I've seen it too many times in my 19 years of being in the business. Dave Reed has done much to add to the understanding of loans for the average person.
Good job Dave on this great book.
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