This completely new edition of the guide to mortgage hunting includes all the changes from the reasons behind all of the new kinds of mortgages that are available, to the recent phenomenon of "mortgage broker," to computerisation of the approval process, and more.
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With hundreds of mortgages now available, how do you choose the one
that's right for you? Congratulations! Chances are you're buying a new
home or refinancing an old one and are now in the process of applying
for a mortgage loan. Before making any decisions that could affect the
next 30 years of your life, arm yourself with this edition of Tips &
Traps When Mortgage Hunting. There are so many loans now available for
practically every situation. America's leading real estate authority,
Robert Irwin, will help you cut through the confusion and find the
mortgage that fits your needs and is right for your budget. If one of
your biggest concerns is paying too high an interest rate, or
shelling out excessive cash for closing costs, this book will save you
money by showing you how to find the lowest rates available. In
easy-to-understand language, Irwin explains...when to use a mortgage
broker, and how to find the right one; how to use the latest
technology to conduct a mortgage search on-line; how to shop for and
lock in the lowest interest rate; how to avoid being denied a mortgage
because of a credit problem; and much more. This clear and
comprehensive guide will arm you with the most up-to-date information
and insider tips to help you avoid the traps of mortgage hunting and
find the right mortgage at the right price.
Robert Irwin is the author of McGraw-Hill's bestselling Tips and Traps series and is one of America's leading real estate experts. His books have sold more than one million copies.
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