Mortgages for Dummies, 2nd Edition

By: Eric Tyson

Narrated by: Brett Barry

For typical homeowners, the monthly mortgage payment is either their largest or, after income tax, their second-largest expense item. When you're shopping for a mortgage without the proper knowledge, you could easily waste many hours of your time - in addition to the financial losses suffered by not getting the best loan you can. Choosing the right mortgage can help you save money for more important financial goals, such as higher education and retirement.

Updated with the very latest on every kind of loan, this friendly, easy-to-understand guide will help you shop for the best home-purchase mortgage, overcome loan qualification obstacles, negotiate lower loan fees and closing costs, save for refinancing the house, or increase retirement income with a reverse mortgage. You can also determine your borrowing power, find the best lender and options, and avoid fiscal pitfalls.

Get smart: explore our full list of ...for Dummies titles.©2004 Eric Tyson and Ray Brown (P)2007 HarperCollins Publishers

Critic reviews

"Fun to read....Deciphers mortgage mumbo-jumbo." (San Jose Mercury News)

very informative...

was a great help, now I actually know a little something about mortgages and banks. 😅

Little outdated, but great for the basics.

Doesn't cover post 2008 regulations obviously, but great for learning mortgage basics. Little extra on the life advice though.

A great quick listen to get started in home loans

I’d recommend this book to anyone just getting into buying a home. There are so many loan options to choose from; it’s great to hear the pros and cons of each and who qualifies and what resources you can use to make the best decisions.
I liked the humor sprinkled throughout while the content is of course dry - it’s all pertinent info and a quick listen. I highly recommend!