Fülszöveg
REAL ESTATE
YOUR ONE-STOP GUIDE TO
MORTGAGE TOPICS, FROM A TO Z
There's a bewildering array of new, complex mortgage programs out there-and now there's
a definitive, concise resource to help you make sense of them all. Written by nationally syn-
dicated real estate columnist Jack Guttentag, The Mortgage Encyclopedia demystifies all
the various mortgage terms, features, and options by offering clear, precise explanations.
From A-Credit to Zero Balance, the alphabetical organization of terms makes it easy for
you to quickly find information on any topic. You get not only a complete description, but
also an in-depth discussion of the issues that may affect you, whether you're a home buyer,
a real estate agent, a loan provider, or an attorney. There's even a special section with refi-
nance breakeven tables. So the next time you ask yourself such questions as "Is this FHA
loan right for me?" or "Can I negotiate this fee?" reach for this indispensable guide and get
the...
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Fülszöveg
REAL ESTATE
YOUR ONE-STOP GUIDE TO
MORTGAGE TOPICS, FROM A TO Z
There's a bewildering array of new, complex mortgage programs out there-and now there's
a definitive, concise resource to help you make sense of them all. Written by nationally syn-
dicated real estate columnist Jack Guttentag, The Mortgage Encyclopedia demystifies all
the various mortgage terms, features, and options by offering clear, precise explanations.
From A-Credit to Zero Balance, the alphabetical organization of terms makes it easy for
you to quickly find information on any topic. You get not only a complete description, but
also an in-depth discussion of the issues that may affect you, whether you're a home buyer,
a real estate agent, a loan provider, or an attorney. There's even a special section with refi-
nance breakeven tables. So the next time you ask yourself such questions as "Is this FHA
loan right for me?" or "Can I negotiate this fee?" reach for this indispensable guide and get
the fast, accurate information you need!
• Features definitions and explanations of all mortgage-
related terms
• Provides authoritative advice on issues such as whether to
use a mortgage broker, the benefits of paying points versus
a larger down payment, and the hazards of cosigning a loan
• Includes helpful tables on affordability, interest cost of fixed-
rate versus adjustable rate mortgages, and much more
JACK GUTTENTAG, a.k.a. "The Mortgage Professor," is Professor of Finance Emeritus
at the Wharton School of the University of Pennsylvania, and writes a nationally syndicated
weekly newspaper column called "Ask the Mortgage Professor." His website helps con-
sumers make better mortgage decisions; visit him at www.mtgprofessor.com.
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