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 The Temple Team, Specializing in Lake Norman Real Estate
(THE TEMPLE TEAM)
Comments 2
 GREAT NEWS FOR FHA BORROWERS! The U.S. Housing and Urban Development  Secretary recently announced that the FHA (Federal Housing Administration) is going to reduce the annual premiums by a quarter of a percent.  This is expected to save the average homeowner $500 per year.This change will take p...

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 12
 The Simple "Cure" that Removes Credit Mysteries A large number of credit card companies now offer an opportunity to their customers to see their credit scores.  Consumers receive "previews" of their credit scores via their credit card's monthly statements.Opportunities to view or receive credit ...

By Joe Lattanzio
(Russell Real Estate Services)
Comments 3
Many people are aware of the financial commitment that is involved when investing in a home, but what that amounts to is different for every person. From what you can afford to what a lender will allow, there are plenty of details involved in determining the right home for you. If you’re not quit...

By Bridget McGee, Maryland Mortgage Mama NMLS#196068
(Corridor Mortgage Group 410-960-2061)
Comments 1
FHA Lowers MIP 2017-Should every FHA borrower Refi? @Patty Blackwelder of Lorton, VA left this comment on my FHA Lowered the Mortgage Insurance-So What? post. Let me ask you can my past clients who have FHA Loan can do a stream line refinance to take advantage of the lower MIP?  If their rate is ...

By Michelle Carr-Crowe-Top 1% Diamond Certified Real Estate Team Sells Cupertino San Jose Homes-Just Call 408-252-8900, Family Helping Families Buy & Sell Homes 40+ Years
(Get Results Team...Just Call (408) 252-8900!)
Comments 1
Here is a quick and helpful education on mortgages, and especially debt-to-income ratio. In this post are several tips for helping potential first-time home buyers figure out how much mortgage they can afford-and how lenders look at their spending patterns, savings and other personal info for app...

By Diane Beaumont, USDA,FHA,Jumbo,VA Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 3
The monthly mortgage payment can be burdensome, but it's possible to pay it down more quickly. Without getting a new job or working overtime, here are some tips you can use on a daily basis to save additional funds and pay off your mortgage at a swifter rate.Make Your Lunch The five or ten dollar...

By Bridget McGee, Maryland Mortgage Mama NMLS#196068
(Corridor Mortgage Group 410-960-2061)
Comments 3
FHA lowered the mortgage insurance-SO WHAT? You may have read or heard that FHA has lowered their annual mortgage insurance premium for loans CLOSED after January 29th.  UPDATE 1/18/2017  The Trump administration is postponing the change and could rescind it, leaving the MIP as it stands. Of cour...

By Laura Sellers, www.Auburn-Realtor.com; Auburn, AL Real Estate
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.Auburn-Realtor.com, EXPERT IN AUBURN REAL ESTATE SERVICES)
Comments 0
Are you planning on buying a house in Auburn or buying a home in Opelika and are wondering what variables affect your mortgage interest rate?  When people go shopping for a home, they tend to pay a lot of attention to the cost of the home and ways to save money on their offer. If they spend as mu...

By Jessica Wallace, Santa Cruz Realtor (831) 419-9345
(Coldwell Banker - Santa Cruz)
Comments 3
MY FIRST FHA 203K LOAN TRANSACTION IN SANTA CRUZFHA 203k loans have been around for awhile and we have all been hearing about them but I have rarely seen them put to use in Santa Cruz County.  When searching for homes for first time buyers we are often in a lower price range and come across many ...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 1
 In my Blog  posted last week I provided details for the change in the FHA Mortgage insurance, their is a strong possibility that will NOT happen The MBA of America just sent out a notice that:THERE IS A STRONG CHANCE THAT WHEN DONALD TRUMP TAKES OFFICE HE MAY "ROLL BACK" THE NEWLY ANNOUNCED FHA ...

By Bob "RealMan" Timm, Bob Timm is Minot North Dakota's Real Estate Guru.
(National Marketing Realtors)
Comments 5
Maxed out your credit card?Put it on ice... Literally!This is some great advise from fellow blogger Christina Hayes (Rainer) here on Active Rain in her post How to obtain an 800 credit score! Christina says: "If you are carrying credit card balances, don’t cancel the cards just yet. I just need y...

By Joe Lattanzio
(Russell Real Estate Services)
Comments 1
 Last week’s economic reports included readings on job openings, retail sales and consumer sentiment in addition to weekly reports on new jobless claims and Freddie Mac’s survey of mortgage rates.Job Openings Hold Steady in November; Quits and Hires IncreaseAccording to the Labor Department, job ...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 8
Gaithersburg Loan Program for First Time Home Buyers The City of Gaithersburg, Maryland has a loan program to assist first time home buyers who purchase a home within the City. The funds are available in the form of a 0% deferred second mortgage loan. Click on the following link for the details i...

By John Meussner, #MortgageMadeEasy Costa Mesa, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 8
Recently Closed - Delayed Financing in Georgia      In mid-December I was contacted by a real estate investor in Georgia that had recently acquired a property in Atlanta in a cash purchase.  He had used cash to make a competitive offer on a property with some built in equity, and wanted to place ...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
We SELL Homes in Pensacola Florida 32514, The income for Freddie Mac $2.3B in 3QLawmakers agree that gov't-owned enterprises need reform, but for now it boosts the U.S. budget: Freddie has paid back $30B more than its recession-era bailout. Read more. THOUSANDS OF HOMES.... One Address www.charle...

By Jose Mejia, Tampa Bay Realtor
(Newhomeprograms.com)
Comments 1
Through Homebuyer Assistance Program, financial assistance is provided to buy a home in Pasco County. However, mobile and manufactured homes are not included in this program. A person can buy condominiums and townhomes as well. Pasco County consists of six cities, and individuals can purchase a h...
A short sale in real estate occurs when the outstanding loans and liens against a property are greater than the proceeds from the sale of the home after all closing costs are paid. This occurs only when a homeowner meets the qualifications, and the homeowner’s lenders agree to allow a short sale....

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 1
 If you are a Conventional Buyer there is some GREAT news.  Conforming loan limits are up for 2017.  This is particularly GREAT news since this is the first increase in the Base amount since 2006.  The Real Estate market is strong, and prices have been climbing.Since 2006 the base limit has been ...

By Joe Lattanzio
(Russell Real Estate Services)
Comments 2
 There was a time when a higher percentage of people were married before they committed to buying a home together, but it’s a lot more common to co-habit and invest in a home together. If you’re considering the commitment of a mortgage without being married, here are some things to be aware of be...

By Bob Elliot
(RE/MAX Advisors)
Comments 0
Last week's economic reports included readings on job openings, retail sales and consumer sentiment in addition to weekly reports on new jobless claims and Freddie Mac's survey of mortgage rates.Job Openings Hold Steady in November; Quits and Hires Increase According to the Labor Department, job ...