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Paperback Steiners Complete How to Talk Mortgage Talk Book

ISBN: 0913733121

ISBN13: 9780913733127

Steiners Complete How to Talk Mortgage Talk

This authoritative guide shows you how to comparative shop complex loan deals so that you can demand the best mortgage for your family. This description may be from another edition of this product.

Recommended

Format: Paperback

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Customer Reviews

2 ratings

Mortgage Books

I recently ordered several mortgage books as learning and reference tools as I embark on my new career as a loan officer. I have not read any of the books from cover to cover, but they are serving me well for the purpose intended. The book arrived in a timely manner and in the condition described.

Inside information on geting a mortgage

Mortgage Insider InformationWhether you need a mortgage to buy a home or are refinancing your current home loan, this new book provides insight on some of the mortgage industry's dirty little secrets. Authors Clyde and Shari Steiner, who have written this book for the borrower's (not lender's) benefit, explain key mortgage terms and procedures in everyday English.For instance, the authors explain computerized loan origination, the mysterious FICO borrower rating system, and why even the biggest mortgage lenders sometimes can't deliver loan terms they promise. The best part of the book is the practical advice, written by authors who have obtained 12 home mortgages. For example, the Steiners recommend applying with two lenders at the same time if closing the loan on schedule is critical. The message "don't trust lenders" to deliver on their promises comes through loud and clear. Another bit of practical advice is to treat the loan advisor as someone working primarily for the lender, no matter how nice that person might seem.The book's highlight is the section on individual nationwide mortgage source sites and 800 numbers. It lists virtually all major Internet sites for home mortgage information and making online loan applications to earn discounts. The Steiners rate each mortgage Web site too.The appendix contains the National Money$ource Director, Loan Evaluation Checklists, Loan Amount Charts, Loan to Value Worksheets, Refinance Evaluator and Where To Get Credit Reports.Much of the insider information is available nowhere else.--From Review by Robert Bruss - Chicago Tribune Syndicate
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