Mortgage Terms - Financial Education Is Your Best Investment

Essential Mortgage Terms You Should Know
One of the most important decisions that you can make is buying a home and taking out a mortgage to pay for the house. The decisions you make on your mortgage will have financial ramifications for years to come.

If you find yourself overwhelmed and confused by all the mortgage terms out there, don't worry because you're not alone. Getting a mortgage can be a complicated process, made worse by all the unfamiliar terminology your mortgage lender might use.

From Lender to Loan to Closing Your Home
With the terminology used in discussing mortgages such as appraisals, equity, escrow, points and settlement costs, most common people can become easily confused. Mortgage professionals can speak in a language all of their own and the lingo used is unique.

This Practical Mortgage Guide Covers Topics Like:
- Mortgage Lending & Broker
- Subprime, Reverse & FHA Mortgage
- Commercial & Residential Mortgage
- Escrow, Points & Settlement Costs
- Home Equity & Loan Modification
- Home Equity & Loan Modification

This practical glossary with alphabetical order compiles a list of over 125 most important mortgage terms you're likely to encounter. Every mortgage term is explained in detail, with a clear and concise article style description and practical examples.

It will help you understand the most common mortgage terms that you might encounter, and what role they play in the mortgage process. Use this glossary of mortgage terms to better understand the overall mortgage process as well as any specific mortgage terms that may be unfamiliar to you.

Make Your Mortgage Less of a Mystery
Taking time to understand the vocabulary can help you with your mortgage planning, eliminating confusion, and get better prepared for a swift and smooth transaction.

Get Smart with the Financial IQ Series
Please also have a look at other titles in this series. The Herold Financial IQ series covers all major areas and aspects of the financial world.

Starting with Personal Finance, Real Estate and Banking term. Covering Corporate Finance, Investment as well as Economics. It also includes Retirement, Trading, and Accounting terms. In addition, you'll find Debt, Bankruptcy, Mortgage, Small Business, and Wall Street terminology explained. Not to forget Laws & Regulations as well as important acronyms and abbreviations.

Author: Thomas Herold
Publisher: Thomas Herold
Published: 03/02/2020
Pages: 266
Binding Type: Paperback
Weight: 0.79lbs
Size: 9.00h x 6.00w x 0.56d
ISBN: 9781087870052

About the Author
Herold, Thomas: - "Thomas Herold is a successful entrepreneur, mediator, author, and personal development coach. He published 35 books with over 200,000 copies distributed worldwide and is the founder of seven online businesses. Over the last ten years, Thomas Herold has studied the monetary system and has experienced some profound insights on how money and wealth are related. After three years of successful investing in silver, he released 'Building Wealth with Silver - How to Profit From The Biggest Wealth Transfer in History' in 2012. One of the first books that illustrate in a remarkable, simple way the current monetary system and its consequences. He is the founder and CEO of the 'Financial Terms Dictionary' book series and website, which explains in detail and comprehensive form over 1000 financial terms. In his financial book series, he informs in detail and with practical examples all aspects of the financial sector. His educational materials are designed to help people get started with financial education. In his 2018 released book 'The Money Deception', Mr. Herold provides the most sophisticated insight and shocking details about the current monetary system. Never before has the massive manipulation of money caused so much economic inequality in the world. In spite of these frightening facts, 'The Money Deception' also provides remarkable and simple solutions to create abundance for all people, and it's a must-read to survive the global monetary transformation that's underway right now. The 'The Essential Guide to Amazon Advertising' and 'Make It Click' - published in 2018 - is the result of over two years of advertising experience. It's a treasure for every self-publishing author that wants to attract new readers and sell more books. In 2019 Thomas Herold released an entirely new financial book series explaining in detail and with practical examples financial terms. The 'Herold Financial IQ Series' includes 16 titles, covering every aspect and category of the financial market. Starting with Personal Finance, Real Estate and Banking term. Covering Corporate Finance, Investment as well as Economics. It also includes Retirement, Trading, and Accounting terms. In addition, you'll find Debt, Bankruptcy, Mortgage, Small Business, and Wall Street terminology explained. Not to forget Laws & Regulations as well as important acronyms and abbreviations. All books are available as Kindle and Paperback versions. By the end of 2019, all titles of the 'Herold Financial IQ Series' will also be available as Audio edition. His latest book "High Credit Score Secrets" offers the most effective strategies to boost the average credit score from as low as 450 points to over 810. It teaches the tactics to build excellent credit, repair credit, monitor credit and how to guard that good score for a lifetime."