The Mortgage Answer Book: Practical Answers to More than 150 of Your Mortgage and Loan Questions

By John J. Talamo

Book Overview

"What kinds of mortgages are available to me? How do I get a mortgage? How large a down payment do I have to put down to get a mortgage?" For most people, buying a house is the largest purchase they will make during their lives. However, it is the loan to buy the house that can add hundreds of thousands of dollars to your overall cost. The Mortgage Answer Book answers the most important questions someone buying a home needs answered before obtaining a mortgage. With insider tips, strategies, and insights that are critical for anyone applying for a mortgage. The Mortgage Answer Book is an authoritative reference, providing sound advice and immediate answers to your most pressing concerns. Written by an attorney, The Mortgage Answer Book answers your most important questions including: How do interest rates affect me being able to purchase a home? How can I fix a problem on my credit history? What are prepayment penalties? How can I figure out how much money I will be able to borrow? How do I refinance my mortgage? What is the difference between a fixed mortgage and an adjustable rate mortgage? How do I avoid foreclosure and losing my home? Written in an easy-to-read, question and answer format, The Mortgage Answer Book helps you understand how to successfully finance a home.

• Format: Paperback
• Language: English
• ISBN: 1572486805
• ISBN13: 9781572486805
• Release Date: January 2008
• Publisher: Sphinx Pub
• Length: 279 Pages
• Weight: 0.95 lbs.
• Dimensions: 7.8" x 0.5" x 6.0"

Customer Reviews

Essential reading for anyone wanting or needing to understand mortgages

Understanding mortgages can be a complex issue, most certainly now more than ever in this current economic crisis, ordinary citizens, home buyers, and home owners need to be as informed as real estate agents and bank managers with respect to housing mortgages. Now in an updated and expanded second edition, "The Mortgage Answer Book" provides the non-specialist general reader with practical answers to more than 150 of commonly encountered mortgage and loan questions. Understanding what types of mortgages are available to you and how they may help or harm you in the long run is something every buyer needs to understand before they purchase their home. An experienced real estate attorney, author John Talamo clearly sets forth the information and provides vital explanations that every homeowner needs to understand, including how to avoid foreclosure. Written in an easy to read, question and answer format, "The Mortgage Answer Book" is essential reading for anyone wanting or needing to understand mortgages, as well as how to successfully finance a home. Recommended for anyone seeking to purchase a home or wishing to understand mortgages, loans, impact of inflation, "The Mortgage Answer Books" is a core addition to community library reference collections.