How much house can you afford (or not afford)? Is every mortgage loan the same, or are there specifics to look for that meet your individual needs? How can you increase your chances of getting those almost unbelievable rates you see banks advertising? Is there any end to the paperwork? Questions like these make the mortgage process seem so complex and intimidating, yet they must be worked through in order to achieve the American Dream of home ownership. Because unless you're sitting on a pile of cash, chances are you'll need to take out a mortgage when you're ready to buy your next home.Thankfully, Mortgages 101 eliminates the confusion and stress with clear-cut answers to all your questions. In this one-stop reference, find everything you need to know from a wide range of mortgage topics. Updated to reflect all the housing market's latest changes, you will find the latest information on: Application procedures Online lenders New loan and government programs Qualifying requirements Zero-down options Guidelines for self-employed borrowers And much more!From negotiating the best deal to saving on closing costs, Mortgages 101 supplies the answers and assistance for everything you need until the day you walk through your new front door!