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Mortgage Confidential, 2nd Edition

Mortgage Confidential, 2nd Edition
Author: David REED
Publisher:
Total Pages: 240
Release: 2010
Genre: Career development
ISBN:

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Anyone who wants to get the best deal when financing a home needs to be armed with a little insider advice. The second edition of Mortgage Confidential lets readers in on what lenders really look for before they approve a loan, options they won't often divulge, which costs they have control over, and little-known sources of down payment money. Including up-to-the-minute information on new licensing and disclosure rules and the latest eligibility requirements, the book shows readers how to: Complete the loan application to maximize their chances of approval; Steer clear of credit repair scams; Pay zero closing costs; Qualify for the lowest rates; Avoid origination charges; Determine whether paying 'points' can save them money; Identify a 'rip-off' loan program; Refinance - even if their equity has dropped; And more! Whether looking into securing a mortgage for the first time or seeking to refinance, Mortgage Confidential gives readers the confidence and information necessary to get through this complicated process and find the ideal loan for their needs.


Mortgage Confidential

Mortgage Confidential
Author: David Reed
Publisher: AMACOM/American Management Association
Total Pages: 242
Release: 2010-08-18
Genre: Business & Economics
ISBN: 0814415431

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The ultimate insider's guide to getting the best deal on mortgages... fully updated and revised!


Mortgages 101

Mortgages 101
Author: David REED
Publisher: AMACOM Div American Mgmt Assn
Total Pages: 319
Release: 2008-05-02
Genre: Business & Economics
ISBN: 081440183X

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With mortgage stories dominating the front-page news, people—whether they’re buying a new house or refinancing—increasingly have questions about the complicated issues at stake. Arranged in an easily accessible question-and-answer format, Mortgages 101 provides readers with essential lending formulas, as well as important information on lending requirements and application procedures. The book shows readers how to save money by: • understanding key terms like ARMs and hybrids—and reading what’s in the fine print • improving their credit scores to increase their borrowing power • using technology to get the lowest interest rates • maximizing their return on investment, and cutting the cost of mortgage insurance This revised edition includes up-to-date material on new loan and government programs, as well as changes to the law regarding tax deductions, down payment assistance, reverse mortgages, bankruptcy, negative amortization and more—in short, all the answers readers need, in one must-have reference.


An Insider's Guide to Refinancing Your Mortgage

An Insider's Guide to Refinancing Your Mortgage
Author: David Reed
Publisher: AMACOM Div American Mgmt Assn
Total Pages: 225
Release: 2008-09-15
Genre: Business & Economics
ISBN: 0814410308

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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 lending: 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 bystep through the refinance process and shows them how to evaluate their current loan program and compare it with other options. By following Reed’s invaluable advice, homeowners will learn: when a refinance is right for them • how to lock in the absolute lowest rate at the lowest cost • how the mortgage process works from the inside • how loan officers get paid • how to identify and avoid predatory lenders • how to negotiate closing costs An Insider’s Guide to Refinancing Your Mortgage will save readers money and heartache when negotiating a loan.


The Wall Street Journal. Complete Home Owner's Guidebook

The Wall Street Journal. Complete Home Owner's Guidebook
Author: David Crook
Publisher: Crown Business
Total Pages: 276
Release: 2008-12-30
Genre: Business & Economics
ISBN: 0307450236

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Your Map for a Brave New Real-Estate World The days of real-estate mania—when you really couldn’t go wrong with buying a home, then selling it in a few years for a lot more than you paid for it—are over. Inflated prices and the “subprime” mortgage crisis have finally burst the bubble. Now, more than ever, it’s important for current and prospective home buyers to understand just what they’re getting into when they take that plunge—and to think smarter when it comes to making the most of their biggest asset. The Wall Street Journal. Complete Home Owner’s Guidebook shows readers how to become savvy home buyers—and eventually owners—not only in this new, uncertain era but in any market: • Understand the benefits and pitfalls of owning versus renting • Make sense of the housing market—ask the important questions, factor in the unforeseen costs, and explode the big myths of home ownership • Take advantage of current opportunities if you’re a first-time home buyer • Overcome the challenges if you’re looking to trade up or cash out on your home for retirement • Make the best profit on your home in any market • Understand why your home—your number one asset—really isn’t such a great investment From the Trade Paperback edition.


Financing Your Condo, Co-Op, or Townhouse

Financing Your Condo, Co-Op, or Townhouse
Author: David REED
Publisher: AMACOM Div American Mgmt Assn
Total Pages: 240
Release: 2009-06-24
Genre: Business & Economics
ISBN: 0814410839

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Finding a condo, co-op, or townhouse to call home is hard enough, but finding financing to buy this kind of property is even more challenging. As a veteran mortgage banker and author of Mortgages 101, David Reed has helped thousands of buyers through this complicated process. Financing Your Condo, Co-op, or Townhouse offers readers invaluable advice, including information on developer financing, specialty loans, government programs and refinance loans, streamlining the approval process, appraisals, closing costs, and more. Readers will discover: • the differences among condos, co-ops, and townhouses • how to find the right type of property for them • the rules governing loans for condos, co-ops and townhouses • how to evaluate which loan type is best and lock in the lowest rate • why the percentage of owner-occupied units is important • what to consider when buying new construction or conversion properties • the financial considerations unique to each type of home Whatever the property, whatever the question...this handy guide to financing has the answers.


The Loan Officer Guide

The Loan Officer Guide
Author: Fredrick R. Williams
Publisher: American Integrity Publishing, Inc.
Total Pages: 312
Release: 2004-08
Genre:
ISBN: 097471061X

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Have you ever contemplated the best way to explain the APR to a customer? Have you ever wished for a faster way to figure the number of months of escrows to collect? If you answered "YES!," The Loan Officer Guide has the answers to these questions and many more! Fredrick Williams presents a proven, practical system to help increase your understanding, efficiency, and productivity in the mortgage industry. Filled with specific instructions in an easy-to-read format, The Loan Officer Guide will help you understand and effectively complete each step of the mortgage loan process while maintaining compliance with federal regulations. You'll learn how to: *pre-qualify the borrower *take a complete loan application *read, analyze, and understand credit reports *collect and analyze the appropriate, supporting documentation *submit a loan that can be easily processed, underwritten, and closed. The Loan Officer Guide is the toolbox that allows the loan officer to improve productivity and efficiency, thus increasing profits. The book layout and the steps contained within each chapter correlate to the actual flow of a loan file from pre-qualification to closing. The author's intent is to offer a guide that is the essential resource within the mortgage industry for mortgage brokers, loan officers, and loan processors.


Commercial Mortgages 101

Commercial Mortgages 101
Author: Michael REINHARD
Publisher: AMACOM Div American Mgmt Assn
Total Pages: 241
Release: 2010-05-14
Genre: Business & Economics
ISBN: 0814415083

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With real estate prices at their lowest in years and the economy poised for a rebound, it’s an opportune time to invest in commercial real estate. But credit and financing issues can still pose challenges that prospective borrowers must overcome in order to get the money and mortgage terms they need. Commercial Mortgages 101 is a step-by-step guide for both real estate investors and mortgage brokers, offering insight, practical tools and a thorough overview of commercial mortgage underwriting and credit analysis. Readers will learn how to: Think and speak like a commercial real estate lender • Quickly size and under write a basic commercial real estate loan • Prepare a personal cash flow statement and calculate true net worth and liquidity • Read and interpret a lender’s preliminary loan proposal • Create a Schedule of Real Estate Owned • Prepare a persuasive and professional loan request package • Choose the right form of ownership (including LP, LLC, Co-tenancy and others) • And more Both thorough and timely, Commercial Mortgages 101 reveals what readers need to ensure their loans are approved.


Sorting Out the New South City, Second Edition

Sorting Out the New South City, Second Edition
Author: Thomas W. Hanchett
Publisher: UNC Press Books
Total Pages: 429
Release: 2020-01-08
Genre: History
ISBN: 1469656450

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One of the largest and fastest-growing cities in the South, Charlotte, North Carolina, came of age in the New South decades of the late nineteenth and early twentieth centuries, transforming itself from a rural courthouse village to the trading and financial hub of America's premier textile manufacturing region. In this book, Thomas W. Hanchett traces the city's spatial evolution over the course of a century, exploring the interplay of national trends and local forces that shaped Charlotte and, by extension, other New South urban centers. Hanchett argues that racial and economic segregation are not age-old givens but products of a decades-long process. Well after the Civil War, Charlotte's whites and blacks, workers and business owners, lived in intermingled neighborhoods. The rise of large manufacturing enterprises in the 1880s and 1890s brought social and political upheaval, however, and the city began to sort out into a "checkerboard" of distinct neighborhoods segregated by both race and class. When urban renewal and other federal funds became available in the mid-twentieth century, local leaders used the money to complete the sorting-out process, creating a "sector" pattern in which wealthy whites increasingly lived on one side of town and blacks on the other. A new preface by the author confronts the contemporary implications of Charlotte's resegregation and prospects for its reversal.