Download or read book 106 Mortgage Secrets All Borrowers Must Learn But Lenders Don t Tell written by Gary W. Eldred and published by John Wiley & Sons. This book was released on 2007-10-26 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The only guidebook that shows you how to finance any property--with or without bank approval Would you like to discover all of the many ways that you can finance real estate? Want to learn how to cut your financing costs, avoid pitfalls, and negotiate the best terms? Then let Gary Eldred's 106 Mortgage Secrets All Borrowers Must Learn--But Lenders Don't Tell, Second Edition guide you. Fully updated, this practical guide explains how today's changing mortgage market really works. Unlike other mortgage guides, this book goes beyond traditional bank-originated loans and shows you how to benefit with seller financing, assumables, subject-to, wraparounds, lease options, foreclosures, and other money-saving possibilities. 106 Mortgage Secrets also protects you from the sharp practices of loan reps that have recently sparked Congressional hearings and multiple state investigations. In addition, Eldred shows how and why the right financing decisions can add tens (and sometimes hundreds) of thousands of dollars to your long-term net worth. With these 106 secrets, you'll build the confidence and the knowledge to: * Increase your borrowing power * Obtain the lowest interest rate * Understand the true pros and cons of ARMs * Cut (or eliminate) the cost of mortgage insurance * Save big with seller financing, assumptions, foreclosures, and REOs * Strengthen your credit profile and credit score * Avoid getting taken... by the fine print and garbage fees * Steer clear of scams and unprincipled loan reps and lenders * Accumulate wealth through homeownership and investment properties Simple, concise, and comprehensive, this book reveals everything property buyers need to know--especially the 106 financing secrets lenders too often omit.

Download or read book 106 Mortgage Secrets All Homebuyers Must Learn But Lenders Don t Tell written by Gary W. Eldred and published by Wiley. This book was released on 2003-04-07 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of America’s top real estate authorities explains the inside secrets of the mortgage business Each year, more than ten million American homebuyers, homeowners, and realty investors enter the mortgage arena to finance or refinance their homes and rental properties. And each year, millions of borrowers pay more than they have to. But you won’t be one of them with Gary Eldred’s 106 Mortgage Secrets All Homebuyers Must Learn–But Lenders Don’t Tell. Eldred explains all of your mortgage options and gives you the inside information you need to make the most intelligent money-saving choices. He simplifies the complicated math of mortgage financing and tells you how to make sure your loan rep is being honest with you. He covers every aspect of the mortgage process and highlights the key criteria you should always consider when making your decision. With these 106 secrets, you’ll have the confidence and the knowledge to: Increase your borrowing power Get the lowest interest rate Understand ARMs Cut the cost of mortgage insurance Save big with seller financing, foreclosures, and REOs Perfect your credit profile Avoid getting taken by the fine print Get maximum return on your home investment There’s no reason to get a good mortgage, when you can get the perfect one for you. Simple, concise, and comprehensive, this book covers everything mortgage hunters should know–especially the 106 secrets lenders don’t want to reveal.

Download or read book 106 Mortgage Secrets All Borrowers Must Learn But Lenders Don t Tell written by Gary W. Eldred and published by John Wiley & Sons. This book was released on 2007-12-10 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The only guidebook that shows you how to finance any property--with or without bank approval Would you like to discover all of the many ways that you can finance real estate? Want to learn how to cut your financing costs, avoid pitfalls, and negotiate the best terms? Then let Gary Eldred's 106 Mortgage Secrets All Borrowers Must Learn--But Lenders Don't Tell, Second Edition guide you. Fully updated, this practical guide explains how today's changing mortgage market really works. Unlike other mortgage guides, this book goes beyond traditional bank-originated loans and shows you how to benefit with seller financing, assumables, subject-to, wraparounds, lease options, foreclosures, and other money-saving possibilities. 106 Mortgage Secrets also protects you from the sharp practices of loan reps that have recently sparked Congressional hearings and multiple state investigations. In addition, Eldred shows how and why the right financing decisions can add tens (and sometimes hundreds) of thousands of dollars to your long-term net worth. With these 106 secrets, you'll build the confidence and the knowledge to: * Increase your borrowing power * Obtain the lowest interest rate * Understand the true pros and cons of ARMs * Cut (or eliminate) the cost of mortgage insurance * Save big with seller financing, assumptions, foreclosures, and REOs * Strengthen your credit profile and credit score * Avoid getting taken... by the fine print and garbage fees * Steer clear of scams and unprincipled loan reps and lenders * Accumulate wealth through homeownership and investment properties Simple, concise, and comprehensive, this book reveals everything property buyers need to know--especially the 106 financing secrets lenders too often omit.

Download or read book Wall Street Mortgage Cancellation Secrets written by Kyle Ransom and published by Uply Media Inc. This book was released on 2016-07-12 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you own a mortgage loan likely you are currently upside down or maybe you can no longer afford your mortgage loan, as a result facing foreclosure very soon. For whatever reasons you deserve a bailout, that's what the American people gave the banking industry. Have you been denied a loan modification or in a loan modification that sucks? After writing the bestselling "The Home Foreclosure EBook," over several years ago Kyle Ransom a mortgage securities expert and former mortgage broker with over 16 years of industry experience and 20 plus years of mortgage securities knowledge is back! His new material "Wall Street Mortgage Cancellation Secrets" offers powerful techniques to rescind and cancel mortgages. He serves up "What Smart Rich People Don't Tell and Big Banks Will Steal To Not Let You Know" about foreclosures and mortgage loans.

Download or read book The Complete Guide to Becoming a Successful Mortgage Broker written by Patricia Hughes and published by Atlantic Publishing Company. This book was released on 2008 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: A reliable mortgage broker is in constant demand and never short on business in any economic condition. According to the U.S. Department of Labor, the average income of mortgage brokers is $43,210. The mortgage brokering business is one of the fastest growing occupations in America today, yet the financial success rate for these new brokers is dismal. It is estimated that less than 30 percent of new mortgage brokers ever become financially successful. Virtually all mortgage brokers are paid strictly on commission, so there is little motivation for the company to help you succeed. You need the proper training to be prepared. This new book will provide you with a road map to financial success. You will learn how NOT to make the big mistakes most new brokers make, how to put a loan package together, how to find borrowers, how and what to charge, how to guarantee your fee, how to make buyers and sellers happy, and how to quickly and easily locate the best deals for your customers. Additionally, this book provides you with information on licensing and exam fees, the expenses of doing business, your vehicle and insurance coverage, sales techniques, simple methods to get hundreds of referrals, software programs that make running your business effortless, the private mortgage segment, the commercial market, secrets to using the Internet, realtors, online tools and ideas, mortgage technology tips, Internet leads, building partnerships, and much more. We also spent thousands of hours interviewing, e-mailing, and communicating with hundreds of todays most successful mortgage brokers. This book is a compilation of their secrets and proven, successful ideas. If you are interested in learning hundreds of hints, tricks, and secrets on how to earn a high, consistent income as a broker, this book is for you. Atlantic Publishing is a small, independent publishing company based in Ocala, Florida. Founded over twenty years ago in the company president's garage, Atlantic Publishing has grown to become a renowned resource for non-fiction books. Today, over 450 titles are in print covering subjects such as small business, healthy living, management, finance, careers, and real estate. Atlantic Publishing prides itself on producing award winning, high-quality manuals that give readers up-to-date, pertinent information, real-world examples, and case studies with expert advice. Every book has resources, contact information, and web sites of the products or companies discussed.

Download or read book The Little Black Book of Wealth Building Mortgage Secrets Insider Strategies for Securing a Stable Mortgage and Avoiding Common Pitfalls in Any Market written by Rosie Rains and published by McGraw Hill Professional. This book was released on 2008-07-06 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why a solid mortgage is still the best foundation for building personal wealth The Little Black Book of Wealth Building Mortgage Secrets offers an insider's look at how home owners and first time buyers can increase their wealth without falling victim to shady brokers or bad loans. This book is full of real case studies, anecdotes, and firsthand stories, this informative guide offers indispensable advice to help every borrower build their personal wealth on a solid and reliable mortgage.

Download or read book Pass the Mortgage Loan Originator Test written by Real Estate Institute and published by . This book was released on 2020-02-08 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Make no mistake, the SAFE National With UST exam is tough. This UPDATED and REVISED study guide has helped thousands of MLOs nationwide successfully kick off their careers as state-licensed loan originators. "Pass the Mortgage Loan Originator Test: A Study Guide for the NMLS SAFE Exam" delivers critical information - covering the topics on the most recent version of the NMLS content outline - in a clear and concise manner. This means that what is learned is actually retained. Most importantly, with this resource, you don't just memorize useless questions. You are thoroughly immersed in the material that you need to master in order to successfully pass the exam on your first attempt. Included practice exams help to measure how well you understand the concepts. They will give you a glimpse into the types of questions - and the difficulty - of what you'll face when you head to the testing center. Study with confidence. Authored by a team of esteemed mortgage loan originators, experienced financial writers and passionate educators, "Pass the Mortgage Loan Originator Test: A Study Guide for the NMLS SAFE Exam" provides accurate, relevant and timely information.

Download or read book An Insider s Guide to Refinancing Your Mortgage written by David Reed and published by AMACOM Div American Mgmt Assn. This book was released on 2008-09-15 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Secret of Mortgage Lending Success written by Mortgage Trainers of North America and published by AuthorHouse. This book was released on 2008-08 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Mortgage Secrets written by Walt Vieira and published by Trafford Publishing. This book was released on 2009-03-25 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mortgage Insider will show you how to get the lowest rate and save thousands in closing costs on your next home loan....in less than 5 minutes

Download or read book Mortgage Myths written by Ralph R. Roberts and published by John Wiley & Sons. This book was released on 2008-02-13 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Mortgage Myths, Realtor Ralph Roberts and mortgage consultant Chip Cummings take aim at the 77 mortgage myths that prevent so many would-be homeowners and real estate investors from pursuing their dreams of homeownership. You’ll learn the difference between good and bad debt, how to make mortgage approval easier and simpler, and how to use other people’s money to leverage your investments. This is the ultimate guide to getting the great deal you deserve.

Download or read book Mortgage Secrets Strategies and Warnings written by Jeff Flees and published by . This book was released on 2015-01-17 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mortgage Secrets, Strategies, & Warnings provides readers with inside information on how to save thousands of dollars when obtaining a home mortgage. Knowledge is powerful when negotiating a mortgage and making financial decisions as well as having trust and transparency with your originator. Don't make a decision this big without understanding the following: Fundamentals to Borrowing Money Your Credit Report and How to Improve Your Score How the Mortgage Application Process Works Underwriting Standards Additional Mortgage Options Strategies to Negotiating a Great Mortgage Secrets Lenders and Loan Officers Don't Want You to Know Warnings: Avoid Surprises and be Prepared for What Can go Wrong After reading this book, you will have the knowledge to save time, money, and avoid stressful situations when you apply for a mortgage. You will be able to utilize the fundamentals in this book throughout your lifetime whenever you decide to borrow money.

Download or read book Mortgage Loan Secrets written by Janice Szur and published by Independently Published. This book was released on 2019-05-09 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most buyers are unfamiliar with the process of getting a loan or mortgage and what it really takes to get approved. This is not only important for first time home buyers but experienced owners too. It may have been awhile since a current home owner has purchased a home and acquired a mortgage and the rules change constantly. Buyers get frustrated with all the paperwork and they feel like they are asked for the same items over and over and over again. Most buyers don't really know what buying power they have. I see both ends of the scale: people who feel they can afford twice as much as allowed, and others who could qualify for five times more than they want. Also, there are various loan programs with numerous possibilities, down payment options, and the types of lenders who are available. All these options can make your head spin. The industry is constantly changing, which can confuse a buyer. The questions I hear most often are: "What is the interest rate?" and "What is my payment?" Although both are very valuable questions, they are not necessarily the critical ones when it comes to getting a mortgage. Finding the ideal loan officer and loan program is crucial and critical in getting you through the preapproval stage, underwriting, a final approval and all the way to the closing table. As an experienced business owner and loan officer, I have read the thousands of pages of regulations, and studied the various loan programs, in order to help my buyers get into the right program, at the right time, and for the right reasons. When purchasing real estate, and obtaining a home loan or mortgage, there are so many variables that a buyer should consider. Financing your first home, second home or cottage, or investment property all require preparation on your part. Do I get an FHA, VA, RD or a conventional loan, or do I get what is called a non-qualified mortgage? Do I need to worry about PMI - and what exactly is that? Do I get a variable rate or a fixed rate? Does the length of time I plan on living in the house matter? Each state and local entity has some of their own costs and rules. After reading this book, you will have an understanding of what is needed, why you should work with a qualified and experienced loan officer, and be ready to breeze through the process and if prepared do it less than 30 days. I have even closed loans in 8 days. I will cover mortgage basics, what is a good credit score, and what are the four c's of getting a loan. What is the loan process, what is the difference between a preapproval and being prequalified. What documents will my loan officer need and what should I be doing while in process. What kind of money and where is it coming from will be discussed. What if I had some credit blips in the past, how long do I have to wait to buy a house? What options do I have for rates, length of loan and can anything change? Finally, what happens behind the scenes and what can I do now to get approved. My mantra is education, communication, and certainly having some fun along the way. Life is too short, so, you better enjoy what you are doing. Because of this, I have put together a helpful guide and reference material to assist you, the buyer, in understanding the process and to help you through that process seamlessly so you aren't pulling out your hair.

Download or read book The Safe Mortgage Loan Originator National Exam Study Guide written by Patricia O'Connor and published by Createspace Independent Publishing Platform. This book was released on 2013-12-21 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Updated in July 2017 in response to the May 2017 NMLS expanded content outline for the national exam. A good book is even better! It now includes more detailed information and quiz questions that target specific newly-disclosed items on the outline. What's the secret to passing the SAFE Mortgage Loan Originator National Exam? If you answered "memorizing all the questions and answers you can find," you're wrong. You'll have a much better chance of passing the loan originator exam if you understand the material. "The SAFE Mortgage Loan Originator National Exam Study Guide - Second Edition" explains the required information and contains links to additional material. Prepare Yourself for a New Career This updated and enhanced loan originator exam manual includes the latest rulings by the Consumer Financial Protection Bureau. Other topics include: Federal Mortgage-Related Laws SAFE Act Introduction to Mortgage Lending General Mortgage Knowledge Basic Concepts of Mortgage Financing The Loan Application Underwriting, Closing and the Secondary Market Ethics and Fraud Mortgage Terminology There are quizzes throughout the book and two practice final exams to help you test your knowledge; in total, there are more than 400 questions and answers. The author was a licensed mortgage broker for seven years and passed the national exam on her first attempt. Scroll to the top of the page and select the Buy button to get started on your new career.

Download or read book Decoding the New Mortgage Market written by David Reed and published by AMACOM. This book was released on 2009-12-09 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: The housing market is in turmoil, but if there’s a silver lining, it’s the fact that purchase prices are at historic lows. Sure, there are still plenty of predatory lenders waiting to exploit the naïve potential buyer, but those who do their homework will be rewarded with a fair price and manageable mortgage terms. Decoding the New Mortgage Market is a map to finding the best and most realistic mortgage deals while navigating past potential obstacles and traps. Filled with money-saving advice, this practical guide will help prospective buyers understand: • How new lending and underwriting rules affect today’s homebuyer • Different loan types and lending institutions • Credit issues and other qualifying factors • Creative down-payment solutions • How to reduce closing costs and other fees Because lenders and buyers alike have gotten “burned” in the mortgage crisis, finding and qualifying for a manageable loan may now be more difficult. Readers will find that Decoding the New Mortgage Market makes the search both easier and more fruitful, and that their dreams of home ownership are still within their reach.

Download or read book The Dirty Secrets the Mortgage Industry Doesn t Want You to Know written by Marc Savage and published by Lulu.com. This book was released on 2008-01-02 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will help guide homeowners and potential homeonwers through the dangerous and predatory maze of mortgage finance

Download or read book Mortgage Confidential written by David Reed and published by AMACOM/American Management Association. This book was released on 2010-08-18 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ultimate insider's guide to getting the best deal on mortgages... fully updated and revised!