An Insider’s Guide to Refinancing Your Mortgage: Money-Saving Secrets You Need to Know - Brossura

Reed, David

Brossura

ISBN 10: 0814409350 ISBN 13: 9780814409350

Casa editrice: Amacom, 2008

Riassunto

For many homeowners, refinancing a mortgage can save them significant money, considerably reducing their monthly payments. It can also give them breathing space to pay off debts or allow them to make other investments, pay for college, or finance home improvements. An Insider’s Guide to Refinancing Your Mortgage is dedicated to an often-misunderstood aspect of mortgage lend ing: refinancing a mortgage loan. Readers will learn why to refinance, when to finance, as well as how to find the best lender, loan officer, and rate. Mortgage expert David Reed takes readers step by step through the refinance process and shows them how to evaluate their current loan program and compare it with other options.

An Insider’s Guide to Refinancing Your Mortgage will save readers money and heart ache when negotiating a loan.

Su questo libro

L'autore:

David Reed is the author of Mortgages 101, Mortgage Confidential, Your Successful Career as a Mortgage Broker, The Real Estate Investor’s Guide to Financing, and Your Guide to VA Loans. As a senior loan officer, he has closed more than 1,000 mortgage loans. He is a columnist for Realty Times.

Contenuti:

CONTENTS

 

Introduction

Chapter 1     What Is a Refinance?

 

Refinancing Your Home Loan

 

Types of Refinance Mortgages

 

Rescission Period

 

Chapter 2     Why Refinance?

 

When to Refinance into a Different Rate

 

Refinancing the Term

 

Adjusting the Term to Fit Your Payment

 

Reasons to Refinance

 

When Not to Refinance

 

The Refinance Process in Review

 

Refinance Loans and Escrow/Impound Accounts

 

Chapter 3     Finding the Best Lender

 

Mortgages: A Commodities Market

 

Who's Who in the Mortgage Process

 

Banker, Broker, or Correspondent?

 

Where Not to Look for a Mortgage Lender

 

Comparing Loan Choices

 

The Subprime Nightmare

 

Chapter 4     Finding the Best Loan Officer

 

What Exactly Is a Loan Officer, Anyway?

 

Seven Questions to Ask Your Loan Officer

 

Loan Officer Compensation

 

Qualities of a Good Loan Officer

 

Changing Loan Officers

 

Chapter 5     Finding the Best Interest Rate

 

Small Changes, Big Changes

 

Why Inflation Kills Economies

 

Mortgage Rates and Economic Factors

 

Rate Shopping

 

Rate Locks

Su questa edizione

• Editore: Amacom
• Data di pubblicazione: 2008
• ISBN 10: 0814409350
• ISBN 13: 9780814409350
• Rilegatura: Copertina flessibile
• Numero di pagine: 224