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 Patty Clark, Helping Families Make the Right Move
(Metro Brokers/Morningside Homes, LLC)
Comments 3
 Build Equity Faster  Equity is an asset and an appreciating home is an investment. While some people have resolved themselves that a mortgage payment is a normal part of life, others have set goals to get their home paid for as soon as possible. There are several strategies that will work but th...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 3
Well in a little surprising twist today the news brought about a nice rally back into bonds and treasuries. The Wages and Salaries increased at its slowest pace and only at 1/3 of what analysts expected. This data is now giving many the thought that the fed "proposed" rate hike for September may ...
By Thierry Roche
(Keller Williams Real Estate)
Comments 1
Since 2009, mortgage rates have been below five percent. With rates this low for this long, you would think that existing homeowners or homeowners with Fairfax homes for sale would take the opportunity to refinance. Estimates are around 6.5 million borrowers could benefit with monthly savings if ...
By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 83
  Pull on the chin straps, because FHA has raised the annual mortgage insurance premiums which is known as the FHA monthly mortgage insurance. These changes are mentioned in Mortgagee Letter 11-10 and become effective on or after April 18th, 2011. The new change is 25 bps. Now before many of you...
By Mitch Valmer, Commercial and Investor Residential Hard Money
(Hard Money Lender & Trust Deed Investments)
Comments 5
This is a hard money joint venture loan product, that is perfect for a savvy rehab investor to leverage our money. If the loan fits we will fund the Deal! We are funding hard money loans above the Purchase Price with our short term Joint Venture Fix N Flip hard money loan. If the Purchase Price, ...
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 25
Buying, Building, or Refinancing a Home?A Glossary of Terms          Everyone is susceptible to it ...      No matter their profession. But as a Mortgage Lender I sometimes catch myself using slang or industry terminology when talking to clients and referral partners.  When you read and "talk" th...
By Spirit Messingham, Third Generation Full-Time Realtor® 520 471-6900
(Tierra Antigua Realty)
Comments 1
 Mortgage bond prices finished the week higher which pushed mortgage rates lower. Rates were positive the beginning of the week tied to economic weakness abroad. The Shanghai Composite index saw an 8.5% decline Monday morning. Consumer confidence printed at 90 versus the expected 100 reading. The...
By John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 6
Mortgage Loans for condotels       In part 1 of a blog series on condos and condo financing, we discussed the difference between warrantable & non-warrantable condos.  Today, I want to discuss a type of property that was very popular not too long ago, and seems to be making a comeback - the condo...
By John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 7
 Do lenders consider deferred student loans?  GUIDELINE UPDATE:  This blog was originally published in February 2014.  As of June 2015, FHA loans now require deferred obligations to be counted in a borrower's debt to income ratio.        The short answer is yes, lenders do consider deferred stude...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
We're interested in helping you learn all about home loans, so we wanted to share with you 4 things you need to know about mortgages. So without hesitant one second more here are the 4 things! Before looking for a home you should get pre-approved.Pre-approval is the easiest way for you to have pe...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
If you have bad credit and are looking for Texas Bad credit home loans, a hard money loan can be a valuable investment tool. Taking advantage of hard money lending can allow bad credit borrowers to take advantage of real estate investment opportunities.  If you have a credit score of 640 or less,...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
If you are looking for a way to get the money you need for a property you want to purchase, then Texas hard money might be the right thing for you. Forget the traditional bank loan that can cause such aggravation. You don’t need to wait around for your money or deal with heavy paperwork. You can ...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 7
Good morning all.Today brought us a mixed bag of news.First the GDP was up and near but not quite at expectation. Personal spending is also up.The items that helped keep rates from taking any big hits were the fact that unemployment for both continued and new claims we higher than expectations.Al...
By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Properties Unlimited)
Comments 0
"In this world, nothing can be said to be certain except death and taxes."  Ain't that the truth!  One of the reasons buying a home in our beautiful Westfield community is great is the tax breaks it brings along with it.  Here are a few homeowner tax benefits Buyers need to know about.Homeowner T...
By JOE RYSTROM & TEAM, Real Estate Professionals
Comments 4
From the word "mortgage" to the methods used by lenders to determine how much to loan, the home loan process can be confusing to first timers. In fact, one third of the respondents to a 2011 Wall Street Journal survey of homebuyers said that the most difficult part of buying a home was understand...
By JOE RYSTROM & TEAM, Real Estate Professionals
Comments 3
Here's a clever real estate dictum for you: Don't buy the best house in a bad neighborhood; buy the worst house in a good neighborhood.There are several reasons for this rule, but the main one has to do with property values, which are determined in large part by the surrounding homes. If you buy ...
By JOE RYSTROM & TEAM, Real Estate Professionals
Comments 0
Does the FICO Score penalize for rate shopping?FICO scoring models use specialized logic that accounts for rate shopping for student, auto and mortgage loans. In general, student loan, auto and mortgage-related inquiries that occur 30 days prior to scoring have no effect at all on the FICO Score....
By JOE RYSTROM & TEAM, Real Estate Professionals
Comments 0
Getting Ready to Apply for a Loan? Your credit score is just one of the factors your mortgage lender will use to determine whether you qualify for financing. The problem is, every lender uses different methods to determine your credit worthiness. So, in some cases, a minimum score is difficult t...
By JOE RYSTROM & TEAM, Real Estate Professionals
Comments 4
Credit Report Fraud Alerts and Security Freezes Protecting your credit should be near and dear to your heart for homebuyers, and all other consumers, unless you plan to live off the grid. Below are resources to help protect yourself and your credit, and contact information if your identity or cre...
By Scott Pendleton, Mortgage Expert in Florida
(E Mortgage Management)
Comments 27
Yes, when you have had a bankruptcy, foreclosure, or short sale it may seem like owing a home is never going to happen again but that is not true. I think most people that have had that “negative financial event” have no idea that there are options for them in the market today.Granted there are s...