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 Svetlana Marinkovic, SecurityNational Mortgage Company
(SecurityNational Mortgage Company)
Comments 0
Steps to homeownership Made Easy Purchasing a home can seem complex. Obtaining a mortgage shouldn’t be. 1. Buyer obtains pre-qualification from lender. 2. Buyer identifies desired home with a Real Estate Agent’s help. 3. Contract is accepted/ Home is placed in escrow. 4. Loan application is submi...
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Comments 30
Social Security Changes: The older I get the more I am  becoming like my father…Dad would have considered it a complement, needless to say  I  believe that statement is a complement.All my life I never complained about how much money I was paying to Social Security. My thoughts were I am putting ...
By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Comments 1
Interest rates for buying a home on the Palos Verdes Peninsula remained level this week . The following are excerpts from the newsletter on interest rates published by HSH Associates :"The vote to keep short-term interest rates unchanged by the Federal Reserve Open Market Committee was closer tha...
By Bob Thompson, 562.344.5626 | ALT-Doc, No Income HELOCs and Private Money, AltDocLoan.com - Residential and Commercial Loans
(Commercial and Residential Niche Loans)
Comments 1
No Income, Verified Asset Loan for Investment and Owner-Occupied Properties. 700 mid FICO, SFR's, 1-4's, Condos and PUD'sTerms: 3/1 ARM, 30 year term from 4%, 5/1 4.25%, 7/1 4.5%.Purchase: 70% LTV to 2.5M, up to 25% of the down can be gifted.Refinance: 65% LTV to 2.5M, Cash out: up to 65% LTV to ...
By Trish Cole
(Veterans United Home Loans)
Comments 2
Effective October 1, 2016 (the start of fiscal year 2017) program fees for USDA Rural Development's guaranteed home loan program will be significantly reduced.The Zero Down Loan-USDA Will become more affordable. The upfront guarantee fee will change from 2.75% to 1.0% of the loan amount. The annu...
By Harry F. D'Elia, Investor , Mentor, GRI, Radio, CIPS, REOs, ABR
(Real Estate and Beyond, LLC)
Comments 2
 ARE YOU KEEPING YOUR PERSONAL AND BUSINESS BUDGET SEPARATE? I have been able to learn the hard to have to separate budgets while being in real estate one being PERSONAL BUDGET and then the BUSINESS BUDGET. The first two years of real estate I only had one budget because I was still building my b...
By Theresa Harden, PB SFR e-Pro Realtor
(EXIT Real Estate Associates)
Comments 0
Click Here to View the Mortgage Bankers Association September Rate ForecastNot much to say about the September 2016 Mortgage Bankers Association rate forecast for the 30 year fixed rate mortgage as it mirrors the August forecast. In August, the forecast was favorable for anyone in the real estate...
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 9
A Recipe for Success: Does Your Mortgage Originator Possess the Right Ingredients?      A couple of days ago, I received a comment regarding my recent blog/post, "How to "Replace" Mortgage Insurance" from a fellow ActiveRain Member and real estate industry professional. (Thank you Patricia Feager...
By Arina Hanciulescu, RealtyPros
(RealtyPros)
Comments 1
Reverse mortgages could be a great option for the right type of borrower. It is important to understand the advantages and risks in order to make an informed decision. This article provides advice on reverse mortgages for Las Vegas homes.Definition of a Reverse MortgageA reverse mortgage is a spe...
By Spirit Messingham, Third Generation Full-Time Realtor® 520 471-6900
(Tierra Antigua Realty)
Comments 1
With TRID,  loan borrowers are not allowed to sign closing documents until 3 days after they have received and signed the Closing Disclosure (CD) from the lender. If a borrower signs the Closing Disclosure on a Tuesday, then the borrower can sign loan documents on Friday. The day the CD is signed...
By Bill Roberts, "Baby Boomer" Retirement Planner
(Brooks and Dunphy Real Estate)
Comments 19
This is a classic from my friend Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi so go read it and pass it along. The Scoop on Down Payments: They Don't Need to be 20%              It seems like a lifetime ago, but in actuality, it’s only been (approximately) 8 years sinc...
By Svetlana Marinkovic, SecurityNational Mortgage Company
(SecurityNational Mortgage Company)
Comments 0
Make your picture perfect job a reality. Join our growing family of mortgage professionals. Call today: Cell 602-410-4340 jeff.thomas@snmc.comFor more information visit: SecurityNational Mortgage Company
By Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent
(Berkshire Hathaway HomeServices PenFed Realty, Your Clarksville Real Estate Professional)
Comments 8
It is our responsibility to check our credit reports for accuracy. Not only should we check ours but if we have children preparing to go to college it is smart to check theirs. You never know who may have gotten hold of your private information and getting it corrected early leads to less problem...
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 13
The Scoop on Down Payments:They Don't Need to be 20%           It seems like a lifetime ago, but in actuality, it’s only been (approximately) 8 years since our nation’s housing crisis began …     Since that time, there has been a tightening of Mortgage Underwriting Standards.  Much needed, as it’...
By Spirit Messingham, Third Generation Full-Time Realtor® 520 471-6900
(Tierra Antigua Realty)
Comments 0
Mortgage bond prices finished the week higher which helped rates fall.  There was some seesaw trading but within a relatively narrow ahead of the Fed meeting Wednesday.  The Fed reduced growth projections for this year and mortgage bond prices rose which pushed rates lower Wednesday afternoon and...
By Harry F. D'Elia, Investor , Mentor, GRI, Radio, CIPS, REOs, ABR
(Real Estate and Beyond, LLC)
Comments 20
REMOVING THE CREDIT ROADBLOCKS TO PURCHASE FIRST HOME   When considering purchasing your first home, whether you get the mortgage or not, may depend on your credit score.  Your score is determined by a network of credit reporting agencies, that either share information with, or are owned by, thr...
By Karen Schimpf
(Commercial Capital Ltd.)
Comments 0
   by  Architecture, Food & One Little Beautiful Girl  $800,000 Apartment Loan Refinance W/550 Credit Score!                     Kansas City, MO Situation: There were 3 borrowers on this nice cash flowing apartment complex but one of them was in the middle of a divorce and his credit was shot.  ...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
You will start to hear the words “Trended Credit Data” and like me most likely have no idea what it means. This is a new layer of credit assessment appearing on credit reports. But before you stress out that this will affect you getting approved for a mortgage I wanted to go over the facts about ...
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Comments 12
VA Loans and Derogatory Item Waiting Periods for Borrowers Part Three of the series I have written a couple posts previously about Conventional Loans and the waiting periods as well as the details, that it entails to have a clean slate. Needless to say VA Loans have different Waiting Periods:If a...
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
    For the Week Ending September 23, 2016       Please enjoy this quick update on what happened this week in the housing and financial markets.     The Fed voted not to raise policy rates at this week's meeting, but did leave the door open for a hike before the end of the year. Odds currently f...