How to have a stress free mortgage : insider tips from a certified mortgage broker to help save you time, money, and frustration Cover Image

Book

How to have a stress free mortgage : insider tips from a certified mortgage broker to help save you time, money, and frustration / Linda Fleischmann.

Summary:

"How To Have a Stress Free Mortgage is your resource to getting a loan in today's market. It will guide you through the traps to avoid before you start house hunting or begin to consider a refinance. Here are just a few things that you will learn: What type of loan should you choose? How much do you need to save for a down payment ... is it really 20%? When can you buy again if you've had a foreclosure or short sale? Can you have too much credit? Should you co sign for a car loan? What you don't know can hurt you and more importantly, might stop you from getting into your dream home."--Back cover.

Record details

ISBN: 9781614482680 (paperback)
Physical Description: 86 pages : illustrations ; 22 cm
Publisher: New York, N.Y. : Morgan James Pub., [2012]
Copyright: ©2012

Content descriptions

Formatted Contents Note:

Introduction -- My story. Figuring it out and closing loans -- Before deciding to take the big step! Income ; Self-employed and others with deductions ; Co-signing loans ; Divorce -- Credit dos and don'ts. Credit and FICO scores ; Revolving credit ; Myths and facts ; Foreclosure, bankruptcy and short sales ; Old vs. new credit ; The rest of it -- What to expect -- Application process. Banker, broker, or Internet? ; Your loan officer ; What you will need -- Which loan is right for me? Fixed vs. ARM ; Jumbo loans -- Interest rates -- What are my costs? ; The final stage.