Lending / Financial

Buying real estate is even more challenging for those of us whose eyes glaze over at the mere mention of decimals, percentages or anything else that even hints of mathematics.


The financial aspect of purchasing the largest investment of your lifetime, though, is the most important. Nobody wants to lose money. Nobody wants to leave money on the table.


If you're in the market for information on mortgages, credit scores and interest rates, you've come to the right place. The financial and mortgage pros here at ActiveRain even tell you how to shop for and compare lenders, how to raise your credit score, how to get a mortgage after a short sale or foreclosure and how to get pre-approved for a mortgage loan. Even Mom and Dad can't give the great advice you'll find here at ActiveRain.


Plan to spend some time here because ActiveRain's content library is massive. Lucky for you we've arranged it so that it's über user-friendly. You'll be amazed at how easy it is to put your finger on just the information you're looking for without having to surf a million other pages.

Trending blogs on Lending / Financial

 

By Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce - Short Sale
(Keller Williams 414-525-0563)
Comments 42
  Unlike a dry martini or something that someone might prefer....a "dry closing" is not anything that a Buyer, Seller or agents prefer.   As much as some people would like to blame this situation on the "new and improved 3 day rule" (I am still at the THREE days 'really  Stage ) it has been a si...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX Advisors)
Comments 0
 Last week's economic readings included the National Association of Home Builders Housing Market Index and readings on housing starts and building permits issued. Consumer sentiment for August was reported by the University of Michigan. Weekly reports on mortgage rates and new jobless claims were...

By Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent
(Berkshire Hathaway HomeServices PenFed Realty, Your Clarksville Real Estate Professional)
Comments 7
If you have heard the term Dry Closing and didn't know what it meant, then read this post. In Clarksville TN it means the closing is not complete and most likely money has not arrived.   Unlike a dry martini or something that someone might prefer....a "dry closing" is not anything that a Buyer, S...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 3
 Is a New Chicagoland Home on Your Wish List? If I had one wish ... Remember as a kid how you made wishes all the time?   You made "wishes" over your birthday cake.  On coins you tossed in a fountain.  You "wishes" on the twinkling stars at night ... or the leftover turkey "wishbones" on Thanksgi...

By Michael McGlynn, Buyers Like Mike!....Find Out Why!
(Celebrity Homes)
Comments 1
In the late 80’s, both FHA and VA began requiring buyers to qualify to assume their mortgages. The main reason there haven’t been many assumptions in the past 25 years is that interest rates have been steadily going down and if a person has to qualify, they might as well do it on a new loan and g...

By Joyce Kelley, Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.
(Charles Stallions Real Estate Services Inc)
Comments 0
Home Buying in Gulf Breeze Florida 32561,Fed will likely leave interest rates aloneThe Fed could raise short-term interest rates this week, which affect ARMs and, indirectly, fixed-rate mortgages. But few experts think that will happen. Read more.  THOUSANDS OF HOMES... One Address www.charlessta...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 14
Acting proactively regarding your financing and following the advice of your Mortgage Lender can result in monetary savings.  It can also open up more/better mortgage options at the time of purchase and help your financing process go more swiftly and smoothly.    Prove to Sellers You're Serious: ...

By Mike Jones, Mike Jones NMLS 223495
(SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) )
Comments 2
Prickly Pear Jelly, ActiveRain, and The Value of Connections Had the pleasure of sharing lunch with Mike Jones with Sunstreet Mortgage on Tuesday this week.  I have enjoyed working transactions with him in the past, and look forward to future endeavors.  When I got the message through LinkedIn a...

By Mr. Laurent
(DL Financial)
Comments 22
When you are buying, selling, monetizing, funding or discounting Bank Guarantees, you only want to work with the most reliable, safe, ethical, knowledgeable, honest and efficient providers.   Here are Top 11 Reasons Why DL FINANCIAL LIMITED should be Number 1 for you!     1. Unrivaled Authenticit...

By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Comments 0
VA FAQ #12 - what Fico score do I need for a VA Jumbo Loan?  For a VanDyk Mortgage VA Jumbo Loan up to $1.5m,  we require a minimum of a 580 middle credit score. Yes, that is correct,  we underwrite direct to VA Guidelines with no investor overlays.  VA Jumbo (aka VA high Balance, VA Super Confor...

By The Temple Team, Specializing in Charlotte/ Lake Norman Real Estate
(THE TEMPLE TEAM)
Comments 1
 Here are a few VERY IMPORTANT things to make sure you DO NOT do while shopping for a new home and applying for a mortgage and getting pre-approval. Do NOT close credit accounts that are not being used Do NOT take out major loans Do NOT change from salary to commission Do you have a HOME TO SELL?...

By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Comments 13
What is the Process Scammers Use to Access My Funds?If you haven't heard before, the cases of wire fraud involved with real estate transactions have escalated with more and more buyers and sellers becoming victims.  The scammers are becoming more sophisticated with them successfully hacking into ...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 7
 Buying or Refinancing a Home? Seek a Mortgage Originator that's a Good Conversationalist  Consider this scenario ...You've been invited to a party.  You don't know many people there.   You realize it's going to be a long boring party if you don't start to mingle and meet others.  So, you head-of...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 10
New FHA Rule Eliminates Post-Payment Interest Charges   The Department of Housing and Urban Development and the Federal Housing Administration (FHA) have published a final rule that will eliminate post-payment interest charges when FHA mortgages are paid off. SUMMARY: This rule revises FHA’s regu...

By Shanna Day Team Leader (AZ & UT), BUY or SELL Your Home FAST w/The Shanna Day Team!
(Keller Williams Realty EV (AZ) & Keller Williams SLC (UT))
Comments 4
5 Great Tips To Help Minimize Back To School Spending A new school year is upon us and we happen to be back with a new list of great tips! This time we came across these 5 great tips that might help ease your back to school spending. You might have already noticed an increase in back to school co...

By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Comments 0
VA FAQ #13 - What is a VA LAPP Lender and Why you should work with us.VanDyk Mortgage is a VA LAPP Lender.   So what does that mean?    LAPP stands for the Lender Appraisal Processing Program.   VA lenders such as VanDyk Mortgage get set up as LAPP VA lenders to get better control over the VA App...

By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Comments 0
VA FAQ #20 - VA Loans and Foreclosure dates - what date is used to determine the minimum waiting period?  The operative date for the VA waiting period after a Foreclosure may surprise you,  as it varies somewhat state by state and the corresponding methods of Foreclosure Transfers.   In many stat...

By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Comments 0
What is the maximum VA IRRRL loan limit?Each year the Veterans Administration (the VA) releases the VA Loan Limits.   These are based on the county the home is located in.   In past years,  the VA allowed much higher Loan Limits than today.   There are now many VA Home Owners who hold VA Loans th...

By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Comments 0
VA FAQ #15 - How soon after a Bankruptcy can I qualify for a VA Jumbo Loan?We offer VA Jumbo Loans as soon as 2 years after a Bankruptcy Chapter 7 discharge.     It does require a clean credit history after the BK discharge, and it also helps to re-establish credit lines, as these will bolster yo...

By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Comments 0
VA FAQ #22 - Does the VA allow 100% Cash Out VA Loans? 100% Cash Out VA Loans are available again.    You read the headline correct:   VanDyk now offers VA loans up to 100% loan to value for VA cash out refinances.   VA refinances are no longer capped at 90% of your current appraised value.   The...