The Borrower's Bible

After reading this book, look no further to help apply your knowledge and interpretation, and learn the actions you can take today...that may impact your wealth for the rest of your life. All the best, Barry Habib CEO, Mortgage Market Guide "Anyone considering buying or refinancing a home - or even anyone interested in expanding their learning base - will gain a great deal of value from this down-to-earth, super informative read." Sue Woodard Vice President, Mortgage Market Guide "This book is a great resource to help answer the must-know questions when acquiring a mortgage." Jim McMahan Division Vice President, CTX Mortgage Co. Do not READ THIS BOOK if you pass this test!! 1. Credit scores are important to getting a loan. It is important to pay off all outstanding collections prior to getting a mortgage. TRUE/FALSE (Answer on page 15) 2. Bankruptcies cannot be erased from a credit report for seven years. TRUE/FALSE (Answer on page 17) 3. Interest-only mortgages are dangerous. TRUE/F