Mortgage Encyclopedia An Authoritative Guide to Mortgage Programs Practices Prices and Pitfalls
A one-stop reference for in-depth explanations of mortgage topics
With the creation of so many new, complex mortgage programs, it’s difficult for consumers –not to mention real estate agents, attorneys, closing agents, and mortgage brokers–to keep track of them all. Written by nationally syndicated real estate columnist Jack Guttentag, The Mortgage Encyclopedia helps readers understand the various mortgage terms, features, and options by offering clear, precise explanations. The alphabetical organization of terms makes it easy to quickly find information on any topic, from FHA, Investor, and No-PMI Loans to Origination Fee and Rate Float. Each entry includes not just a description of the term, but also relevant advice for consumers, such as answers to the questions “Is this loan right for me?” and “Can I negotiate this fee?”
- Guides readers through the bewildering array of new mortgage programs
- Features definitions and explanations of common mortgage, escrow, and closing fees and arcane mortgage terminology
User Ratings and Reviews
5 Stars Mortgage Books
This was one of several books I ordered as learning and reference tools as I embark on my new career as a loan officer. While I have not read any of the books from cover to cover, they are all serving me well as reference and training tools. The book was shipped in a timely manner and arrived in the condition described.
5 Stars THE MORTGAGE ENCYCLOPEDIA
I purchased this product from BlueAtlantic (http://www.amazon.com/gp/shops/storefront/index.html?ie=UTF8&marketplaceID=ATVPDKIKX0DER&sellerID=A21QYP09MLZ594).My book was received FAST and in EXCELLENT condition! I goofed when I wrote my rating for BlueAtlantic and deleted my commendations. After the fact, I discovered that I couldn’t re-submit my ratings – 5 STARS! I have to wait 90 days. The book, itself, is EXCELLENT, too. I’ve been a licensed real estate agent for over 20 years and this book is the best I’ve reviewed over all these years. I highly recommend it for anyone that needs to know about mortgages and for their continuing real estate education tests! My overall experience has been, on a scale of 1-10, 100. Also, I was the first buyer at BlueAtlantic. I was concerned and it turned out that I didn’t need to be. Great seller and book! Please visit my website, MyMoneysImportant.com, especially if you (or someone you know) need help with your mortgage and/or bills.
5 Stars Wealth of info!
Wow, what a book!! Tons of info!! Highly recommend to anyone shopping for a mortgage.
4 Stars It is “fair” to “good”, augments vocabulary that is unknown.
Been of the non-real estate profession, it has enlightened my reading arsenal, well at least I hope so. Also, I’d like to thank you for not having any problems during delivery. Once again thanks. Hubert M.
5 Stars Indispensible guide to mortgages
Jack Guttentag’s Mortgage Encyclopedia includes more raw information helpful to understanding the language, terms, and structure of a commercial or home mortgage than any other book on the market.
The book is organized just the way it says – as an encyclopedia, in alphabetical order by topic. There is a useful index/table of contents up front which make it possible to quickly check to see if your topic of interest or one related to it is included in the book, and then each of those topics are given from a paragraph to a couple of pages of definition or explanation. For mathematical concepts all sorts of clearly explained charts are presented, and every topic is easy to understand for even a complete amateur.
If you are looking at generating or getting into a conventional or even somewhat nonconventional financing instrument, you will find what you are looking for in this book. If the book has a weakness or omission, it is that there is really no information on getting mortgages through private lenders, venture capitalists, or nonconventional sources (as happens to be my business).
Nonetheless, both mortgage professionals as well as anyone interested in fully understanding the terms of their own mortgages and lending instruments stands to learn a great deal by reading through this book, or simply using it as a reference tool for individual items and terms. Highly recommended.
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