Mortgages and Home Loans: Our Favorite Books

For anyone who needs a home loan. This handy guide shows you everything you need to know to find your way through the home financing jungle and make the best decisions possible. The book describes the various types of loans and tells you how to evaluate your creditworthiness, determine your borrowing power, and shop for a lender. The authors also devote a section to refinancing and discuss what you should consider when prepaying a loan. Whether you're a first-time home buyer or are just looking to refinance, you'll find this a valuable, easy-to-use guide.

Everything you need to know about mortgages. This book spells out everything home buyers need to know in clear and accessible terms. It covers more loan alternatives than most other books 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. Here is a book that truly delivers on its title - it really can help you save thousands of dollars on your mortgage.

A one-stop reference. With the creation of so many new, complex mortgage programs, it is difficult for consumers to keep track of them all. The Mortgage Encyclopedia helps readers understand the various mortgage terms, features, and options by offering clear, precise explanations. The alphabetical organization of terms makes it easy to quickly find information on any topic, from FHA, Investor, and No-PMI Loans to Origination Fee and Rate Float. Each entry includes not just a description of the term, but also relevant advice for consumers, such as answers to the questions: 'Is this loan right for me?'and 'Can I negotiate this fee?'

Clear introduction to the world of mortgages. This book is a handy reference for anyone involved in real estate transactions - though it is best for beginners who want a map to navigate their way through inevitable mortgage complexities. The book is written in a straightforward, conversational tone and offers appropriate cautions, such as not to reveal confidential information online. It also provides useful advice that is rarely discussed elsewhere. For example, there is a 'rescission' period for refinanced mortgages that gives people a three-day grace period to get out of the mortgage agreement with no penalties.

A must-read for home buyers. This book delivers straightforward information in an easy-to-understand, question-and-answer format. It includes money-saving information on topics such as mortgages and the Internet; when to refinance; when to prepay; what to do when the lender says "no"; the latest on FHA loans; and more. The book also provides a mortgage guide listing internet sites, contact information for lending organizations, and other useful resources.

The perfect resource for home buyers. Pocket guide gives you the authoritative answers you need to understand and save thousands of dollars on the entire mortgage process. Features techniques for trimming years off the life or a mortgage, strategies for including 'fix-up' money in your mortgage, and guidelines for getting the best deal. Includes answers to some of the most commonly asked mortgage questions, such as: Where can I find the low-cost lender? Should I choose a 15- or 30-year loan? What is a home equity line of credit and what should it be used for?

How to find the best deal on mortgage loans. 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. This book explains the intricacies of all the latest financing options in great detail. Because mortgage costs vary widely from lender to lender, you can save thousands of dollars by knowing how to compare rates, discount points, and fees to find the best buy.