Mortgages For Dummies

Need a mortgage but worried about the market? In Mortgages For Dummies, 3rd Edition, bestselling authors Eric Tyson and Ray Brown give you proven solutions for obtaining a mortgage, whether you want to buy your first home, refinance, or tap into your equity. You get the latest on sub-prime and adjustable-rate mortgages, finding the best lender, avoiding fiscal pitfalls and foreclosure, and much, much, more!
This easy-to-understand, objective, and jargon-free guide helps you fine-tune your finances, figure out what you can afford, and improve your credit score before you go mortgage shopping. You’ll get familiar with the advantages and disadvantages of fixed- and adjustable-rate mortgages, 15- and 30-year loans, and conforming and jumbo packages. You also get help finding and working with reputable professionals, comparing programs, and securing terms you can live with. Discover how to:
Match your mortgage to your financial goals
Qualify for a mortgage even when money is tight
Find the right loan for you
Choose the best lender/broker
Negotiate the best terms
Calculate your costs and payments
Understand and complete all paperwork
Refinance an existing mortgage
Understand and consider special situation loans
Explore reverse mortgages and other options
Decipher amortization tables and comparison worksheets
Use the Internet wisely when mortgage shopping
Now, more than ever, you need clear, reliable information that helps you get the mortgage you need at a price you can afford. You need Mortgages For Dummies, 3rd Edition!

Eric Tyson, MBA, is a financial counselor and the author of numerous bestselling For Dummies books on personal finance, investing, real estate, and small business.
Ray Brown has been a real estate professional for more than three decades. He hosts a real estate show in San Francisco.

Introduction.
Part I: Fine-Tuning Your Finances.
Chapter 1: Determining Your Borrowing Power.
Chapter 2: Qualifying for a Mortgage.
Chapter 3: Scoping Out Your Credit Score.
Part II: Locating a Loan.
Chapter 4: Fathoming the Fundamentals.
Chapter 5: Selecting the Best Home Purchase Loan.
Chapter 6: Surveying Special Situation Loans.
Part III: Landing a Lender.
Chapter 7: Finding Your Best Lender.
Chapter 8: Surfing the Internet’s Mortgage Sites.
Chapter 9: Choosing Your Preferred Mortgage.
Chapter 10: Managing Mortgage Paperwork.
Part IV: Refinancing and Other Money Generators.
Chapter 11: Refinancing Your Mortgage.
Chapter 12: Reverse Mortgages for Retirement Income.
Part V: The Part of Tens.
Chapter 13: Ten (Or So) “Must-Knows” about Foreclosure.
Chapter 14: Ten Mortgage No-Nos.
Chapter 15: Ten Issues to Consider Before Prepaying Your Loan.
Part VI: Appendixes.
Appendix A: Loan Amortization Table.
Appendix B: Remaining Balance Tables.
Appendix C: Glossary.
Index.