106 Mortgage Secrets All Borrowers Must Learn -- But Lenders Don't Tell (eBook)

The only guidebook that shows you how to finance any property--with
or without bank approval

Would you like to discover all of the many ways that you can
finance real estate? Want to learn how to cut your financing costs,
avoid pitfalls, and negotiate the best terms? Then let Gary
Eldred's 106 Mortgage Secrets All Borrowers Must Learn--But Lenders
Don't Tell, Second Edition guide you. Fully updated, this practical
guide explains how today's changing mortgage market really works.
Unlike other mortgage guides, this book goes beyond traditional
bank-originated loans and shows you how to benefit with seller
financing, assumables, subject-to, wraparounds, lease options,
foreclosures, and other money-saving possibilities.

106 Mortgage Secrets also protects you from the sharp practices of
loan reps that have recently sparked Congressional hearings and
multiple state investigations. In addition, Eldred shows how and
why the right financing decisions can add tens (and sometimes
hundreds) of thousands of dollars to your long-term net worth. With
these 106 secrets, you'll build the confidence and the knowledge
to:

* Increase your borrowing power

* Obtain the lowest interest rate

* Understand the true pros and cons of ARMs

* Cut (or eliminate) the cost of mortgage insurance

* Save big with seller financing, assumptions, foreclosures, and
REOs

* Strengthen your credit profile and credit score

* Avoid getting taken... by the fine print and garbage fees

* Steer clear of scams and unprincipled loan reps and lenders

* Accumulate wealth through homeownership and investment
properties

Simple, concise, and comprehensive, this book reveals everything
property buyers need to know--especially the 106 financing secrets
lenders too often omit.