The Good, Bad, and Ugly but the Real
A Humorous, Sarcastic Walk through a Dry, Boring Topic for Beginners
What Really Happens and Why…In-depth Explanation…
1st Edition
TABLE OF CONTENTS
Chapter 1………The Mortgage Loan Process: The Good, Bad, and Ugly, but the Real
Chapter 2………Who the Players in the Process Are
Chapter 3 ………The Items Needed for the Application and Why
Chapter 4………Types: FHA, VA, USDA, Conv, ARM, Rev, Amortization, ECOA.
Chapter 5……….Subprime and Hard Money, the Shark Loans
Chapter 6……….Equity 2nds aka HELOCs (and O/O, N/O/O Rentals, Second Homes)
Chapter 7………..Fannie Mae, Freddie Mac, and Ginnie Mae/Mortgage Insurance, Harp
Chapter 8………Credit – The FICO Score and Where You Fit
Chapter 9………Assets and Reserves – What Are They and How Much Is Needed?
Chapter 10………Income – How Is It Calculated and Why?
Chapter 11………You’re Approved! Conditionally…
Chapter 12………While You Wait: What to Expect and DocuSign
Chapter 13………Pre-Approval Letter, Offer, and Acceptance
Chapter 14……….4 Ways to Recover Earnest Money Deposit
Chapter 15………The Home and Pest Inspections: What You Should Know
Chapter 16………The Appraisal vs. CMA Comparative Market Analysis
Chapter 17………Media Search Engines vs. Real Estate Office Sites
Chapter 18………Title Insurance, Deeds, and Promissory Note
Chapter 19 ………APR and Interest Rate Lock…When and How Does This Occur?
Chapter 20………A Word about Home Warranty
Chapter 21………PTD, Clear to Close, and PTF…What They Mean
Chapter 22………TRID- Why the Change to Escrow and What to Expect
Chapter 23………Escrow-What They Do and When You Finally Close
Chapter 24………When Should You Reserve the U-Haul?
Chapter 25………Where Does Your File Go?
Chapter 26………Tax Form 1098 Home Mortgage Interest Deduction
Chapter 27………The Circle of Money – Where the Dollars Travel
Chapter 28………Deed in Lieu, Short Sale, Foreclosure, REO, Mods, and Harp
Chapter 29………Construction Loans and Rehab Loans
Chapter 30………From Park Model RVs to Triple-Wide Mobile Homes
Chapter 31………Mortgage Broker vs. Bank and the Credit Union
Chapter 32 ………Condo vs. Townhome – How Lenders See Them
Chapter 33………Deals Sometimes Do Blow Up or Come Really Close
Chapter 34………Market Cycles and How to Leverage Against a Crash – Surviving COVID-19 (Coronavirus)
Chapter 35………The Moral of the Story in an Ever-Changing Industry
Chapter 36………Reality Check: What You Need to Know Before Coming to Work as a Commissioned Loan Professional or Real Estate Agent
Chapter 37………A Little Background on the Author with Some Fun Stories
Click link if you’d like a closer look~ Where to Buy the Book – The Mortgage Loan Process %
