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 Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 2
Findng the answer to the question why you need to get pre-approved means that you already know the importance of beginning the exciting process of looking for a homeby co nnecting with a local mortgage lender. A trusted mortgage lender can then begin the process of getting you pre approved.   Wh...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 85
  So you just got your mortgage and saved some money or moved into your new home, CONGRATULATIONS! What typically happens in the next 1-2 months? A letter arrives talking about Bi-Weekly payments and how you can get out of debt and save tens of thousands in interest and payments by utilizing this...
By Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, 708.921.6331 - 37 yrs experience
(NMLS #216987, IL Lic. 0006220, WI Licensed. APMC NMLS #175656)
Comments 31
What Do Band-aids and the Modern    Mortgage Process Have in Common?            Remember when you were a kid and you got a cut or scrape?  Your mom would wash it up, then place a band-aid on it, right?     Days later, after the cut healed, the band-aid would have to come off.  I can tell you, jus...
By Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, 708.921.6331 - 37 yrs experience
(NMLS #216987, IL Lic. 0006220, WI Licensed. APMC NMLS #175656)
Comments 30
What Closing Costs to Expect if You're a First-Time Home Buyer        There's a lot of things to learn and know when hoping to become a First-Time Home Buyer.  It can all seem a bit overwhelming ...     Closing Costs:  Closing Costs are one of the most important things you must know as part of yo...
By Sandy Padula and Norm Padula, JD, GRI, Presence,Persistence & Perseverance
(Allison James Estates & Homes)
Comments 19
      Finally, there is now an official statement on the FHA financing guidelines for homes with PACE (Property Assessed Clean Energy ) liens which deal with solar panel purchases for private residential homes in the U.S.Here is the link to the official guideline on this issue:http://portal.hud.g...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 3
Not much news today other than the market sell off from yesterday completely retraced itself today. I admit I was a bit nervous when I saw the 100.5 support get pierced and fall below by nearly 20bps but the FNMA 3.0 regained ground during the session and closed above the current support level of...
By Troy Erickson, Your Chandler, Ahwatukee, and East Valley Realtor
(Diverse Solutions Realty www.ChandlerRealEstate.weebly.com)
Comments 117
If you missed this original post, Darren Copeland provides an excellent infographic showing the 4 Most Common Loan Types, and what the differences are between them.Obviously with a Conventional Loan, you have more money to put down, but instant equity, and the lowest monthly payment.FHA allows 3....
By Tim Lamson, MBA
(Show Appeal Realty)
Comments 6
Had someone tell me not long ago that this is the year of the Shemitah. I said, "The WHAT??" "The Shemitah!," he said.Long story short, there's a NYT best-seller about the subject by a Jewish Rabbi named Jonathan Cahn.  It was on the NTY Best-Seller List.   It was such a popular book and fascinat...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 1
Well in today's news mortgage applications are way up in both Purchase and Refinance but Refinance is leading the way at +11 vs Purchase at +4% This is not surprising as rates start to fall those sitting on the fence make their move trying to maximize savings and rates are very strong right now v...
By Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 1
Here’s what you can expect if you are changing jobs while your getting a mortgage…The underwriter will want to see your first pay check at the new job at a minimum, and often they will want to see your first 30 days of paychecks.The underwriter isn’t trying to make your life difficult by asking f...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
  What Can I Afford? That's a question that's usually asked first to us as mortgage lenders, but how do we figure out this amount?  Well, it's not an educated guess, that's for sure, we use a lot of tools to figure this out as you're beginning the home loan process.  It's also better for you to k...
By Bruce Brown, Branch Manager/Senior Loan Officer/CMPS
(PrimeLending)
Comments 0
Below is the daily mortgage market and interest rate commentary from Bruce Brown of PrimeLending and host of Dollars and Homes on KCMO Talk Radio 710 in Kansas City.To view my daily blog please visit my website at www.dollarsandhomes.com/blog. 
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 4
Well we look to close out this month in a predictable sideways pattern we have been in recently. The bonds held true to what I called last week (amazing right) and continue to show support for the 100.50 - 101 range for the FNMA 3.0 coupon.This week has some important news with the biggest coming...
By Michael Gross, Providing lending solutions not just loans!
(Dividend America Commercial Lending)
Comments 0
Commercial Loans for Multifamily Housing and Apartment BuildingsCommercial loans for multifamily housing and apartment buildings are becoming more prevalent and easier to qualify for as the housing market tightens and rents continue to rise.  Recent trend data still shows a housing shortage and t...
By Tim Hart, Broker
(Bozeman Broker Group)
Comments 0
Homeowner’s looked to take advantage of low mortgage rates in late August and their attempts to refinance their loan helped raise total mortgage applications by 3.6 percent. Mortgage applications were 18% over numbers seen from a year ago.As rates have dropped, homeowners have tried to take advan...
By Steve Adams, Steve Adams REALTOR ®, ABR,GRI
(RE/MAX 1)
Comments 1
5 Apps That Will Help You Get Organized And Pay Your Bills -   Has the time come to tighten those strings on your purse again? Being busy and who having bills adding up can lead to some very stressful times when you are looking at the balance in your bank account. Knowing that you are not alone a...
By John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 9
5 Ways to Get a Lower Mortgage Interest Rate       Everyone wants the lowest rate.  When shopping for a mortgage, there's no item higher on the list of "to asks" than "what's the rate?".  The problem is, no one knows what the lowest rate is - not your mama, nor your papa, not your mortgage banker...
By Ginger Harper, Your Southport~Oak Island Agent!
(Coldwell Banker Sea Coast Advantage)
Comments 1
Such a great analogy.. I had to reblog for my friends to see. What Do Band-aids and the Modern     Mortgage Process Have in Common?              Remember when you were a kid and you got a cut or scrape?  Your mom would wash it up, then place a band-aid on it, right?     Days later, after the cut ...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 1
Kansas City Mortgage Tip of the Week I was recently going through some of our old videos on our YouTube Channel and I came across one of our tips of the week that still applies today, it's a few do's and don'ts as you go through the mortgage process.  It makes me kind of nostalgic to see our old ...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
My family is one of those crazy families who are always looking for a deal.  We use coupons as much as we can to get the best deal on whatever product we can! VA Loans and Homes for Heroes are the best 'home buying coupon' you could ever need! Let me tell you more about it! Looking for a deal on ...