Becoming a Savvy Mortgage Loan CONSUMER will give you a VERY detailed understanding of the Mortgage Loan or Refinance process. Written by a Licensed Mortgage Loan Officer, he gives you the TRUTH about how the Loan Officer or Lender works to get your loan. This book describes how and why YOU ARE IN THE DRIVER'S SEAT! The book explains what questions to ask and reveals the BIG SECRET those looking for a home loan or refinance are not aware of. The book takes YOU from start to finish in the loan process, and explains the qualifications for a Home Loan, explains all the types of loans out there, covers Private Mortgage Insurance (PMI), all the Government and Conventional Loans out there, Adjustable Rate Mortgages (ARMS), when and when not to pay for POINTS, explains how to understand your Credit Score, details about the Escrow Accounts, Loan Origination Fees, Standard Loan Fees and the various other Loan Costs that may be included in your loan, the Loan Estimate and Closing Disclosure, plus explains your Right to RESCIND. This book is a must for those who have never had a Home Loan and for those who have, because it explains what is out there for you, what to look out for, and gives you the FOUR BASIC QUESTIONS TO ASK YOUR LOAN OFFICER OR LENDER. Knowing these four questions could save you thousands of dollars in Loan fees. But it goes further than that. It explains what they may really be saying when they answer your questions. Read this book and you too could become a Savvy Mortgage Loan Consumer!
