From his childhood of factory work in communist Latvia to his current
life as one of the Bay Area's most respected and successful mortgage
industry professionals, Manny Kagan has enjoyed a colorful journey to
the top. In this fascinating new book, The Mortgage Game, Manny shares
not only his amazing life story but also his secrets to finding the best
mortgages possible. It all boils down to his trademark "Five
Cs"--Collateral, Capacity, Credit, Capital and Character. Using
real-life examples, Manny shows how he was able to overcome the
"minuses" of some of his mortgage- or refinance-seeking clients (and
most clients have some minuses) and turn them into "pluses." Just about
every mortgage lender working today talks about the Four Cs, but Kagan
takes it a step further and includes his own signature fifth
C--character. This is the one that often makes the difference - and it's
the one that helped him become a leader in the industry. In this book
Kagan pulls back the curtain and shares details of his own real estate
transactions--from the very first house he and his wife bought for their
family, to subsequent refinance deals he was able to close on a basket
of rental properties. The Mortgage Game is a valuable tool for anyone
who's thinking of investing in real estate or refinancing an existing
loan. The Mortgage Game offers up-to-date information on the current
marketplace, along with clear explanations of how the market got itself
into so much trouble. But this valuable book also offers more - it's the
one reference guide every home-buyer needs.
