The Loan Officer's Practical Guide to Residential Finance

List Price: $55.00

Customer Reviews:

The Loan Officer's Practical Guide to Residential Finance [Posted on 2007-01-05]
This is a text book for all loan officers. It is a must read for everyone interested in mortgages. The book is easy to understand and gives all the information in one place. This book will teach you everything you need to know about mortgages. Maximize your knowledge.

One of the best! [Posted on 2007-01-23]
If you're new to the mortgage business, then I highly recommend buying this book. It's very detailed and contains all of the practical info that you need to get a start in the mortgage industry.

Other than that, at times it becomes confusing due to a few editing errors.

Great book, but . . . . [Posted on 2007-05-26]
This is a great book and needs to be in your library if you are, or are considering a career in the mortgage industry. But, Mr. Morgan needs to do a better job of describing what is in the tables used as examples. It becomes confusing when looking at a box with numbers in it and little or no quantification of the rows or columns. If this book is truly a "guide to residential finance" then more examples are needed and perhaps some excises with answers, kind of like a text book. Even though this book has been around for several years, a few modifications could make it a well rounded text and an industry standard.

Quilted Patchwork [Posted on 2008-05-01]
The subtitle indicates that this book is a "comprehensive guide on how to make loans on a practical basis". I'm not sure I agree with that assessment and therefore I have mixed feelings about this book.

The book provides a plethora of reference material pertaining to the residential mortgage industry. It's nice to have so many reference tables in one place! The author educates readers on a variety of different topics - even seasoned professionals can benefit from reading this book, as I did cover to cover. The material seems to be current, an important consideration in a very dynamic industry. And I really liked the author's conversational approach throughout the book.

However, there are some things about the book that can be improved. The book contains some sloppy errors which seasoned professionals will find annoying and new hires will find confusing. The book has a "crowded" and "rushed" feel to it with occasional grammatical, formula and reference errors. I guess it needs better proofreading - page 63 has a paragraph repeated word for word. Some chapter titles scream at you. Some conceptual and procedural explanations seem to come up short.

The book seems to be more informational rather than a practical "how-to" guide. Some readers may be disappointed at this and are able to get more in-depth information from other sources such as Fannie Mae, FHA, VA, AllRegs, etc. In addition, if the book is to benefit more readers, I suggest that the author add HP 12C and TI BAII Plus keystrokes as these calculators are widely used by mortgage professionals.

Mortgage Book [Posted on 2008-05-25]
I recently ordered several mortgage books as learning and reference tools as I embark on my new career as a loan officer. I have not read any of the books from cover to cover, but they are serving me well for the purpose intended. The book arrived in a timely manner and in the condition described.

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