Download or read book The Loan Officer's Little Black Book written by Phil Leary and published by Lulu.com. This book was released on 2011-01-28 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: A primer and indispensable guide on the nuts-and-bolts of residential mortgage lending. Over 150 critical terms are explained (from Annual Percentage Rate to Yield Spread Premium); mortgage calculations are provided; the steps of the home purchase and the essentials of refinancing are discussed; the standard loan products are defined; credit interpretation and valuable appraisal information is also included, and not a few hard-to-find industry secrets. This reference may easily become an L.O.'s best friend.