Buying a home will likely be one of the biggest investments of your life. So you want to get it right - especially when it comes to picking the right mortgage and the right mortgage lender. Homeownership Smarts will turn you into an educated homebuyer and ensure that you get the best possible home loan for your situation.
In this 5-part video course, Lynnette Khalfani-Cox, The Money Coach, explains:
* Fixed Rate Mortgage or ARM: Which is best for you?
* The two most important factors in qualifying for a mortgage
* FHA Loans Vs. Conventional Loans: What's the difference?
* What exactly are mortgage "points" and should you pay them?
* 5 cardinal rules for successful homeownership
Throughout the course, Lynnette also breaks down important mortgage terms, such as debt-to-income ratios, equity and interest rate caps -- all in plain English, so you can understand how mortgages work.
Take Homeownership Smarts now if you want to prepare yourself to become a successful homeowner this year or in the years to come!
Lynnette Khalfani-Cox,The Money Coach®, is a personal finance expert, television and radio personality, and the author of numerous books, including the New York Times bestseller Zero Debt: The Ultimate Guide to Financial Freedom. Lynnette once had $100,000 in credit card debt, before paying it all off in three years and turning her financial life around.
Since then, she has appeared on such national TV programs as The Oprah Winfrey Show, Steve Harvey, The Today Show, Dr. Phil, The Dr. Oz Show, The Talk and Good Morning America sharing her success story and teaching millions about proper money management, including managing credit and debt wisely.
Lynnette, an award-winning financial news journalist and former Wall Street Journal reporter for CNBC, has also been featured in top newspapers including the Washington Post, USA Today, and the New York Times, as well as magazines ranging from Essence and Redbook to Forbes and U.S. News & World Report.
Lynnette is a money expert for AARP. She can frequently be seen as a guest commentator on CNN, FOX Business Network and MSNBC.
When she's not acting like a Tiger Mom, and staying on top of her 3 kids' grades, Lynnette can be found taking a much-needed travel break on a warm beach with her amazing husband, and business partner, Earl Cox.
StartFixed Rate Mortgage or ARM: Which is Best For You? (4:53)
StartQualifying for a Mortgage: Two Important Criteria (3:03)
StartFHA Loans Vs. Conventional Loans: Key Differences You Must Know (5:59)
StartMortgage Points: A Simple Explanation for Homebuyers (1:20)
Start5 Cardinal Rules for Successful Homeownership (11:18)
Thank you for explaining different mortgage options and the debt ratio in a format that is easy to understand.
- Deborah B. - Student