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The New Rules for Mortgages

The New Rules for MortgagesAuthor: Dale Robyn Siegel
Publisher: Alpha
Category: Book

List Price: $14.95
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Seller: whypaymorebooks
Rating: 5.0 out of 5 stars 19 reviews
Sales Rank: 251629

Media: Paperback
Pages: 224
Number Of Items: 1
Shipping Weight (lbs): 0.5
Dimensions (in): 8.2 x 5.4 x 0.6

ISBN: 1592579485
Dewey Decimal Number: 332.7
EAN: 9781592579488
ASIN: 1592579485

Publication Date: September 1, 2009
Availability: Usually ships in 1-2 business days

Also Available In:

  • Kindle Edition - The New Rules for Mortgages
  • Kindle Edition - The New Rules for Mortgages

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Editorial Reviews:

Product Description
THIS BOOK IS the latest and most current how-to book on how to get the best mortgage and the lowest interest rate out there..... 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. 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!

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 get money from your 401k without a penalty * When can a loan from my father-in-law be called a gift? * Why is now so important to show as much money in reserves as you can? * PMI v self insured. Which one is the bigger rip-off? * What will it now cost you to refinance your home and pull cash out? * Appraisal fraud and how is it affecting the value of your home * 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?


Customer Reviews:
Showing reviews 1-5 of 19



5 out of 5 stars New Rules for Mortgages   June 28, 2010
Fayma Stewart
This book is light in weight but heavy in information. Jam packed with insightful hints and anecdotes that give any one who is really interested in undertanding what criteria loan officers consider when processing home mortgage loans.
Dale Robyn Seigel is engaging and very knowledgeable in the home loan industry, as CEO of her own company, Circle Mortgage Group, she helps hundreds of her clients to secure the best possible loans available for all types of homes.
Her writings help her readers focus on the topics that are most important to understand without any unnecessary words or boring writing. The content remains relevant because she stays abreast of the market trends on a daily basis as she continues to help write policies for the home mortgage loan industry.
I learned many valuable insights and industry perspectives. I am glad that I choose this book. I recommend it for everyone, whether you're a beginner looking to establish new credit or a seasoned pro who is looking to purchase your second vacation home. Its easy reading and style format makes this book informative and fun to read, a must have.
The New Rules for Mortgages



5 out of 5 stars Superb book of practical information   May 15, 2010
Readers Favorite (Hawesville, KY USA)
Ms. Siegel provides the reader with an up-to-date and concise understanding of current credit and mortgage practices. The book is useful for both the first-time and the experienced potential home buyer.

The book is beautifully organized into concise and practical information which is comprehensible and current. The author provides step-by-step information on the understanding and improvement of one's credit score, as well as practical information related to gift and tax laws, as they apply to home ownership. Types of refinancing and mortgages are explained so that the reader has an honest and firm understanding of the process.

This is a superb book of practical information written by someone who writes knowledgeably in her field of expertise.



5 out of 5 stars Excellent primer for anyone considering a mortgage in 2010   April 13, 2010
HCGuy (St Louis Missouri)
This recent book spells out everything you could possibly need to know about borrowing for a mortgage in 2010. It starts with the basics, and defines the lending process and all the options available for a borrower in this new age of lending. The book is very thorough and defines your FICO score and how it can affect your interest rate, and also what you can do to improve your credit rating. The old rules of borrowing from 10 or 20 years ago have changed substantially in the past few years, and Dale Siegel's entertaining yet detailed book can help anyone learn how things are different. There are still a lot of options available for any loan, and she steps through the various loan products, insurance, fees and add on products available in our world's very complicated borrowing procedure, from applying for the original loan through the final closing. The amazing thing about her book is she explains all of this while still keeping the book engaging and interesting. I would highly recommend this book for anyone preparing to enter the world of home ownership and taking on the largest debt of their lives. Even second and third time borrowers can find this book useful since the borrowing process has likely changed significantly from when they acquired their first mortgage.


5 out of 5 stars Informative and not confusing at all for a beginner   April 8, 2010
J. Vanderwagen
As someone who only had a vague idea of what a mortgage is and how one obtains one, this book is easy to read and provides you with a wealth of understandable information quickly. As a young professional getting ready to start looking at owning her own home, this book answered a lot of questions that I had, as well as one I didn't even know enough to ask. From everything to how much money do I need to have on hand for the down payment to what different types of mortgages exist, I know feel that I have enough information to seriously start looking at owning a home and obtaining a mortgage at a decent rate.

I am definitely going to recommend this book to my friends as well as they begin househunting as well.



5 out of 5 stars Invaluable resource in these confusing times   January 8, 2010
Lady Lawyer (New York City)
As a real estate attorney with many years of experience, I still find that I learn many new things every time I read Ms. Siegel's words or hear her speak at one of her informative seminars. She has the knowledge, the experience, the straight-talking understanding of what people need to know to navigate this seeming morass of the mortgage industry! Consumers, bank and mortgage professionals, realtors, lawyers.....Everyone can benefit from Ms. Siegel's concise and well-organized treatise. Buy this book!

Showing reviews 1-5 of 19


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