The New Rules for Mortgages

The New Rules for Mortgages

5.0 1
by Dale Robyn Siegel
     
 
New rules in the housing market call for a new rulebook...

A wealth of info for consumers and mortgage professionals.

In the current credit environment, rules have changed for prospective home buyers-and this book explains them. Beginning with what makes up a FICO score, how to improve that score, and how to show a better credit profile; The New

Overview

New rules in the housing market call for a new rulebook...

A wealth of info for consumers and mortgage professionals.

In the current credit environment, rules have changed for prospective home buyers-and this book explains them. Beginning with what makes up a FICO score, how to improve that score, and how to show a better credit profile; The New Rules for Mortgages explains the new credit guidelines that apply to mortgages. It sheds light on issues that can arise with appraisals, title searches, and home in­spections, and provides hard-headed advice. Using real- world examples, it covers the home buying and financing process in every situation, providing tips and exposing secrets that enable readers to improve their current or future position in the housing market.

A must-have for home buyers and homeowners in­terested in refinancing, The New Rules for Mortgages also belongs on the reference shelves of realtors, financial planners, and attorneys.

Contents

1. The All-Important Credit Score

2. Income: Yeah, You Need That!

3. Money Matters

4. A Good Look at the Property

5. What Mortgage Is Best for You?

6. Where to Get the Best Mortgage

7. The Loan Process

8. Interest Rates, Closing Costs, and the Closing

9. Types of Property

10. Protecting Your Homeownership: Divorce, Dispute, and Death

11. You Are a Homeowner!

Product Details

ISBN-13:
9781592579488
Publisher:
Alpha Books
Publication date:
09/01/2009
Pages:
224
Product dimensions:
5.58(w) x 8.22(h) x 0.51(d)
Age Range:
18 Years

Meet the Author

Dale Robyn Siegel is an attorney and President of Circle Mortgage Group in New York. She teaches at NYU, Baruch College, and the Learning Annex. Frequently quoted in national publications, Siegel has an MBA and a JD. She has worked in many facets of real estate.

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New Rules for Mortgages 5 out of 5 based on 0 ratings. 1 reviews.
Ohstacy More than 1 year ago
Stupid! That's how I felt reading this book, which, not only covers the "new rules" for mortgages, but proves to be an insider's guide to the process. We purchased our first house in 1992 and have had a few transactions since that time, but, wow, I realized how blind sighted we were once I read Dale Robyn Seigel's book. The good news is I now know what type of mortgage we have. The bad news is, it sounds like our mortgage is not the type that best suits our needs at the present time; knowledge IS power.which, paradoxically, can have ramifications, too. Anyway, enough of my personal story. The point is whether you are a first time or experienced homebuyer or are considering refinancing your current loan, this book alone provides all the tools necessary to secure the most up-to-date, appropriate, practical and cost-effective approach to your particular needs. Dale's book is certainly thorough. After all, the woman is smart; a longtime attorney, current president of White Plains, New York's Circle Mortgage Group and a teacher at New York University.to only skim the surface. Imagine what it would cost to hire a private consultation with her and gain such a lowdown on the subject! Moreover, "The New Rules for Mortgages" attests to the fact that reading about the mortgage arena does not mean that your eyelids will slacken with boredom! Her writing manner is so clear and concise that first-time homebuyers can easily wrap their brains around the book without the slightest headache caused by the backlash of jargon! Oh, did I mention funny? Yes, Dale is funny. She has defied the odds by lacing such a "heavy topic" with humor. If textbooks were written by brains who are also talented writers like Dale, we would all be "A" students. Meanwhile, "The New Rules for Mortgages" gets nothing less than an "A" grade; it's star-reading material and an asset to any library. Additionally, the book is a prerequisite for readers who long to start living, or continue living, the American Dream.