Preface

With more than 20 years in mortgage lending, counseling home buyers from New York to California, I’ve certainly seen it all. The first edition of this book, published back in 2004, helped thousands understand, in plain English, the home loan process. It’s a confusing industry, mortgage lending. Heck, even the name sounds a little funny. And speaking of, the word itself has two roots with origins in both Latin and Old French. Literally it’s translated as “dead pledge.” Sounds fun, doesn’t it? But by reading this book, you will find some fun explanations on how mortgage loans are approved and learn about the differences in home loan programs. We bust a few myths along the way, as well.

The second edition was published in 2008. You remember ...

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