How good is your mortgage knowledge?
This book is different from all in the rest in that the material is kept current with frequent updates online. Dale Robyn Siegel rewrote the book four times in 2008 alone until she came up with the idea to get the book out and keep the material current with online updates available only to owners of the book. It is the only way to have a how-to book on real estate with current material!
The mortgage industry has been transformed into the Wild Wild West and you need to be prepared before you get out there. Dale Robyn Siegel does just that for you in this short, concise and humorous book covering all you need to know about getting a mortgage in today's world. A how-to book on real estate written by an attorney, 20 year veteran in the mortgage industry AND a college level professor. The material is a combination of her classroom format, her every day knowledge and expertise combined with real life experiences to bring the point home. This works and you will love it!
The book is short, around 200 pages, so there is no room for fluff or filler. It is easy to read, set up in chapters and short essays on specific topics. You can read the entire book in an afternoon on the beach or in a few short train commutes. You can even flip through and easily pick out parts you want to concentrate on.
A few interesting and favorite topics covered in 300 words or less:
What are the new guidelines for FICO scores and loan to values and how do they affect mortgage rates?
What is Rapid Rescore Response and can it really improve your credit score in 48 hours?
How to establish an alternative credit profile for foreigners and students
How to get money from your 401k without a penalty
When is a loan from my father-in-law called a gift?
Why is so important to show as much money in reserves as you can?
What is the difference between a reduced documentation loan and a no-income verification loan?
PMI v self insured. Which one is the bigger rip-off?
What will it cost you to refinance your home and pull cash out?
What do you do when your bank goes out of business while they are working on your mortgage?
Appraisal fraud and how is it affecting the value of your home
You mean my mortgage banker is not a real bank!
What is an appraisal contingency clause vs. a mortgage contingency clause and how can you lose your deposit if you do not know?
Points, origination fees, discount fees and broker fees. How do you avoid them all?
What really affects the mortgage rates?
Where do you find the best lawyer in town?
Learn more about Dale Robyn Siegel
- Circle Mortgage Group
- Learn about my services as a mortgage broker.
- The New Rules for Mortgages
- Check out the book! Generous with information and cheap with words, it's less than 200 pages. Easy to read and humorously written so you do not get bored.
- Diaries of a Mad Mortgage Broker
- My blog with up to date industry information.
Diaries of a Mad Mortgage Broker Blog
The Adventures of Dale Robyn Siegel
Fetching RSS feed... please stand byFree ebooks
- The Mortgage Process ebook in English
- I am proud to unveil my free eBook: Chapter 7: The Mortgage Process from my forthcoming book a Short Book on Mortgages: Lessons from the Trenches.
- The Mortgage Process ebook in Spanish
- I am proud to unveil my free eBook: Chapter 7: The Mortgage Process from my forthcoming book a Short Book on Mortgages: Lessons from the Trenches IN SPANISH.
Short Book on Mortgages: Lessons from the Trenches
Partial Table of Contents
Dedicated to my Dad
Why I wrote this book
How the reader can get free updates on the material
Chapter 1: An Extra long Chapter on the All Important Credit Score
Why are inquiries so bad and what are the untruths told about them
Don't close those credit cards so fast
How to create a credit profile if you do not have one
Rapid Rescore Response: Does it really increase my FICO score in 48 hours
Chapter 2: Income: Yeah, you need that
When does not working still produce enough income
New rules for foreign nationals
Didn't sell your house yet? How do you buy a new one
Chapter 3: Show me the money!
Cash reserves are more important than good credit
When is a loan from my father-in-law considered a gift
They seller wants to pay my closing costs, how nice!
Chapter 4: Are you paying too much for that house?
Home inspections for the paranoid and skeptics
Can I buy a home with an illegal apartment in the basement
Lenders handle declining market values with a heavy hand
Chapter 5: What mortgage is best for you?
First time homebuyer mortgages: Special mortgages for special people
A few pitfalls with ARM's (get it?)
How to avoid paying Private Mortgage Insurance
Chapter 6: What kind of home am I buying?
Owning and living in a multi family home
What's the difference between a condo and a cooperative apartment
Do I really want to deal with a construction loan
Chapter 7: The Mortgage Process
Pre-approval v. pre qualification
How does technology help me get a better mortgage
Who decides if I can get a mortgage
Chapter 8: Protecting your home ownership in case of dispute, divorce or death
I have to pay the mortgage even if the house burns down
The amicable divorce
Transferring ownership without telling the bank
Chapter 9: Where do I get this mortgage?
The virtual lender
Why you cannot get a loan directly from FannieMae
Mortgage broker v. mortgage banker
Chapter 10: Your closing
How do I lock in at the lowest interest rate
Why are the fees so high
Don't refinance you mortgage, pay it off faster and save a bundle
Chapter 11: You're a Homeowner Now!
Maintaining a good financial picture
Keep that front lawn pretty
Moving on up
What if you die?
Great Stuff on Amazon
New Guestbook
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