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The "Mortgage Professor" answers critical homemortgage questions
This value-packed consumer reference by a nationally syndicated mortgage columnist is indispensable for anyone looking to secure a home mortgage. The Pocket Mortgage Guide answers 50 of the most commonly asked mortgage questions, including:
- How can I find the lowest-cost lender?
- Should I choose a 15-year loan or a 30-year loan?
- What is PMI and how can I cancel it?
- How large a mortgage will I be able to afford?
- What will my monthly mortgage payment be?
- What is a "debt ratio" used for and how is it calculated?
- What is a home equity line of credit and what should it be used for?
The book also provides valuable interest amortization tables and is the perfect resource for home buyers.
- Sales Rank: #378005 in Books
- Published on: 2003-12-16
- Released on: 2003-12-16
- Original language: English
- Number of items: 1
- Dimensions: 7.70" h x .30" w x 4.40" l, .30 pounds
- Binding: Paperback
- 145 pages
From the Back Cover
Everything You Need to Know to Make Getting a Mortgage Simple and Trouble-Free
How large a house will you be able to afford? What is PMI, and why do you have to pay it?
How can you be sure you're not being taken advantage of?
The Pocket Mortgage Guide gives you the authoritative answers you need to simplify the entire mortgage process. This pocket-sized, value-packed guide features:
- Painless techniques for trimming years off the life of your mortgage
- Strategies for including "fix-up" money in your mortgage
- Guidelines for getting the best deal when shopping for a refinancing loan
- Handy tables for looking up what your monthly payment would be at different interest rates
Your mortgage is the biggest financial commitment you'll ever make, and it's up to you to understand how it works. Learn the facts you need to know to get the house--and mortgage--at the lowest possible cost, in The Pocket Mortgage Guide.
About the Author
Jack M. Guttentag (www.mtgprofessor.com) is professor emeritus of finance at the Wharton School. His nationally syndicated weekly column, "Ask the Mortgage Professor," appears in the L.A. Times, and other major newspapers.
Most helpful customer reviews
2 of 2 people found the following review helpful.
THERE ARE BETTER BOOKS TO BUY I WILL HAVE TO BUY ANOTHER BOOK
By E J LEVIN
This book only goes down to 4 percent and not lower . Interest rates are still lower than that even now so the book is useless in the current lending market .
0 of 0 people found the following review helpful.
Five Stars
By Lothard S. Holt
really good
0 of 0 people found the following review helpful.
Pocket Mortgage guide
By Pame
I bought this to replace a similar book I had and lost. I was amazed how much a book such as this can come in handy not only for mortgages but loans in general. Great to have around as a reference guide.
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