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The Mortgage Encyclopedia: The Authoritative Guide to Mortgage Programs, Practices, Prices and Pitfalls, Second Edition, by Jack Guttentag
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The bestselling one-stop guide to mortgages―updated for the post–housing crisis market!
The Mortgage Encyclopedia demystifies all the various mortgage terms, features, and options by offering clear, precise explanations.
Fully updated to address the new realities introduced by the housing crisis of 2007, The Mortgage Encyclopedia provides not just a complete description, but also in-depth discussion of the issues that may affect you, whether you're a homeowner (or homeowner-to-be), real estate agent, loan provider, or attorney. With this handy, comprehensive guide on hand, you have instant access to:
- Definitions and explanations of common mortgage-related terms, as well as arcane mortgage terminology, listed alphabetically
- Expert advice on the most pressing issues, such as whether to use a mortgage brokers, the benefits of paying points versus a larger down payment, and the hazards of cosigning a loan
- The truth about common mortgage myths and misperceptions―and the pitfalls you need to avoid
- Helpful tables on affordability, interest cost of fixed-rate versus adjustable rate mortgages, and much more
So the next time you ask yourself such questions as "Is this FHA loan right for me?" or "Can I negotiate this fee?" reach for this indispensable guide and get the fast, accurate information you need!
- Sales Rank: #220186 in Books
- Published on: 2010-05-28
- Released on: 2010-05-28
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x .84" w x 6.00" l, 1.02 pounds
- Binding: Paperback
- 352 pages
About the Author
About the Author
Jack Guttentag is Professor of Finance Emeritus at the Wharton School of the University of Pennsylvania and founder of GHR Systems, Inc., a mortgage technology company. He actively consultants and has aided many government agencies and private financial institutions, including the Department of Housing and Urban Development, USAID, Citicorp and the World Bank
Most helpful customer reviews
9 of 9 people found the following review helpful.
A Very Good Current Resource!
By Chris Carter
This book presents both academic definitions and descriptions along with real-world commentary on practices and procedures. The author has taken care to update the info within the context of new legislation affecting the industry. Highly recommended...
3 of 3 people found the following review helpful.
HIghly Recommended if you are new to the industry.
By Betsy Ross WV
My husband is studying for his Realtor's license. This book actually was more useful then the ones he was sent by the actual Realtor's school. I've been in real estate for 10 years and he is teaching me now!!
1 of 1 people found the following review helpful.
Provides in-depth information on the subject of Mortgages.
By Judith C.
Provides in-depth information on the subject of Mortgages.
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