Mortgage Ripoffs and Money Savers - An Industry Insider Explains How to Save Thousands on Your Mortgage

Informationen zum Autor Carolyn Warren was a mortgage industry insider for ten years, and worked in retail and wholesale lending for some of the nation's largest lenders, including Full Spectrum Lending/Countrywide Home Loans, Long Beach Mortgage/Ameriquest, First Franklin, and Green Tree Financial/Conseco. Klappentext Praise for Mortgage Rip-Offs and Money Savers "Carolyn Warren better get a bodyguard. Her new tell-all on the mortgage industry exposes so many of the lending industry's favorite frauds, every loan officer from Seattle to Miami is going to be gunning for her! Mortgage Rip-Offs and Money Savers is like a map that guides you around the carefully camouflaged landmines laid by lenders. And it gives you simple, step-by-step directions for saving tens of thousands of dollars. If you're looking for ways to save a king's ransom on your mortgage and monthly payments, you simply must read this book." --Clayton Makepeace, founder and President, The Profit Center "Finally someone from inside the mortgage industry has come in from the cold and laid out the 'dirty little secrets' of the home loan business. Read this book and you will be less likely to get fleeced on your next mortgage application." --Kenneth Harney, Washington Post nationally syndicated real estate columnist "I wish I had read this book before I started investing in real estate. Carolyn Warren has identified all the major dangers amateur real estate investors need to be aware of and provided many useful tips for getting the right price and the best financing." --Michael Masterson, New York Times bestselling author of Automatic Wealth "Ever wonder if you're paying too much for a home loan? Carolyn Warren spills the beans and shows how lenders make excess profits, how consumer costs are hidden, and what you can do about it. This is a guide well worth reading before searching for a home loan." --Peter G. Miller, nationally syndicated real estate columnist "Wow! Educational and fun to read! Getting a mortgage without first reading Mortgage Rip-Offs and Money Savers is like going into the forest on a dark night without a flashlight. Carolyn shines the spotlight right on every trouble spot. I'm putting it on our 'must-read' list." --Dan Barnett, CFO, enSphere, LLC Zusammenfassung Mortgage Rip--offs and Money Savers reveals how the mortgage industry cheats borrowers out of billions in extra costs every year. Mortgage industry insider Carolyn Warren taps her decade of experience with lenders to expose the tricks! lies! and dirty little secrets they dona t want you to know. Inhaltsverzeichnis ACKNOWLEDGMENTS. INTRODUCTION. PART I : Eight-Step Guide to Getting the Best Rate and Protecting Yourself from Most Common Scams. CHAPTER 1 Step 1: Boost Your Credit Rating and Prequalify. What Credit Score Do You Need to Buy a Home? Additional Notes about How Lenders Rate Credit. What to Do if You Have Credit Challenges. People with Low Scores Get Ripped Off More Often. Find Out How Much You Qualify For. The Three-Step Preapproval Process. How Do Lenders Decide How Much Money to Lend You? Which Payments Count for Debt Ratio? Pick Your Own Budget. Coming Up. CHAPTER 2 Step 2: Create a Short List of Three Honest Mortgage Lenders. Tricks to Foil Your Shopping Efforts. Selling the Sizzle. Special Deals and Secret Loans. The Loan They Don't Want You to Know About. The Sticky Trick. Creating Your Short List. Write Down Two Mortgage Companies and One Bank. Make One a Referral. Get a Specific Name. Using an Internet Lender. Big National Lenders versus Local Lenders. Listen to Your Instincts. Coming Up. CHAPTER 3 Step 3: Choose the Right Type of Loan for Your...

Dettagli sul prodotto

• Autori: C Warren, Carolyn Warren
• Editore: Wiley, John and Sons Ltd
• Lingue: Inglese
• Formato: Tascabile
• Pubblicazione: 18.05.2007
• EAN: 9780470097830
• ISBN: 978-0-470-09783-0
• Pagine: 256
• Categorie: Guide e manuali > Diritto, professione, finanze > Denaro, banca, borsa; Scienze sociali, diritto, economia > Economia > Economia aziendale