Decoding the new mortgage market : insider secrets for getting the best loan without getting ripped off / David Reed.

Format:

Book

Author/Creator:

Reed, David (Carl David), 1957-

Language:

English

Subjects (All):

Mortgage loans--United States.

Mortgage loans.

Mortgage loans--Government policy--United States.

Secondary mortgage market--United States.

Secondary mortgage market.

Housing--Finance--Government policy--United States.

Housing.

Physical Description:

1 online resource (257 p.)

Edition:

1st edition

Place of Publication:

New York : AMACOM, c2010.

Language Note:

English

System Details:

text file

Summary:

Despite the credit crunch, prospective homeowners can take advantage of an extreme buyer's market. But they still need to be careful.

Contents:

Contents; Chapter 1 What Happened, and How Did We Get Here?; Chapter 2 Fannie Mae and Freddie Mac: Underwriting Changes That Affect Every Potential Homeowner; Chapter 3 Government-Backed Loans: VA, FHA, and USDA; Chapter 4 Qualifying the New Way: Understanding Automated Underwriting Systems; Chapter 5 Banks, Mortgage Banks, and Mortgage Brokers in the New Mortgage Market; Chapter 6 Loan Programs: Which Is Right for You?; Chapter 7 Funds for Closing: Down Payments and Closing Costs; Chapter 8 What to Do When Things Go Wrong; Appendix: Monthly Payment Schedules; Glossary; Index

Notes:

Includes index.

ISBN:

9786612386756

9781282386754

1282386751

9780814414019

081441401X

OCLC:

503077975