Making sense of the mortgage lending process can be difficult at best because so much of it is shrouded in mystery. It's easier to understand what happens when you swipe your debit card for a dozen eggs and a six pack than it is for the largest financial transaction of your life. Take a journey down the path of financing a home and discover what happens behind the scenes so you can navigate your way through the multitude of acronyms, industry specific terms and loan qualification calculations with confidence and understanding. You'll learn why you're asked for so much information and how you can prepare yourself to be among the best educated consumers of mortgage loans to walk through the door of your lender's office.
This quick read is intended to mitigate the stress and frustration so many people experience as they try to finance their first or even their fifth home. The mortgage industry is complicated, confusing and usually does not offer much of an explanation as to why they do what they do and why it is so laborious. Reading this book addresses that ambiguity in a relaxed, conversational and occasionally humorous way.
