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 Suzanne Strickler, Things to make you go HMMM
(Realty Mark Associates)
Comments 2
Since Credit is King in our financial world, it's a good idea to know what your score means to those people considering loaning you money. A score of 300 - 579 is an indication of a very risky borrower. IF a bank would lend you money, your interest rate would be unbelievably high. Individuals wit...

By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
Comments 2
Pay Off Private Mortgage Insurance on Your Home as an InvestmentIf you do not have a 20 percent down payment at the time you purchase a house for sale in Ardrey, you are required to take out private mortgage insurance (PMI). However, it is considered a huge investment if you are able to cancel it...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 4
 Have you heard of “Trended Data”?FannieMae’s Desktop Underwriter will require Trended Credit Data with the release of DU 10.0 on September 24, 2016. (This was originally scheduled for June 24th but was postponed)Trended credit data will show if a client carries a balance every month or if they 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
Your Buyer's Guide to Closing Cost CreditsClosing Costs ... people are always interested in them. HOW they can be paid, borrowed, financed ... and possible credits for Closing Costs that might be available to them from their Sellers or their Lender. I find that many of my new clients have preconc...

By Diane Beaumont, USDA,FHA,Jumbo,VA Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 3
When it comes to real estate, there are always going to be upswings in the market that will have an impact on your mortgage payment and overall financial health. However, with a fluctuating market here to stay, you may be wondering how you can guard your biggest investment and your finances again...

By John Lemos, Your Home Loan Expert
(Caliber Home Loans)
Comments 2
 THREE REASONS WHY PMI COULD BE YOUR FRIEND Many mortgage loan programs today allow homebuyers to use less than a 20% down payment when buying a house.  When you do this, you are often required to pay Private Mortgage Insurance (PMI).  This increases your mortgage payment slightly.  Here are thre...

By Joe Lattanzio
(Russell Real Estate Services)
Comments 1
Last week’s scheduled economic readings were limited and included new jobless claims and Freddie Mac’s mortgage rates survey. In other news, all types of mortgage applications rose by 2.30 percent this week as compared to the prior week.Mortgage Rates Lower, Home Loan Applications RiseFreddie Mac...

By Bob Elliot
(RE/MAX Advisors)
Comments 0
Last week's scheduled economic readings were limited and included new jobless claims and Freddie Mac's mortgage rates survey. In other news, all types of mortgage applications rose by 2.30 percent this week as compared to the prior week. Mortgage Rates Lower, Home Loan Applications RiseFreddie Ma...

By Joe Lattanzio
(Russell Real Estate Services)
Comments 1
Here’s How to ‘Stress Test’ Your Finances  When it comes to real estate, there are always going to be upswings in the market that will have an impact on your mortgage payment and overall financial health. However, with a fluctuating market here to stay, you may be wondering how you can guard your...

By Lois Szydlowski
(Future Home Realty)
Comments 1
Seller funded down payment assistance (SFDPA) will deny hunreds of thousands of buyers a chance to buy a home in next year if this is allowed to be banned. We have to act now to stop the ban. Banning SFDPA SELLER FUNDED DOWN PAYMENT ASSISTANCE will indirectly impact the real estate, mortgage and...

By Kasey & John Boles and the team at Jon Gosche Real Estate, LLC, Boise, Meridian, Ada/Canyon/Gem/Boise Counties
(Jon Gosche Real Estate, LLC, Boise ID)
Comments 11
Excellent Tips & Reminders for Home Buyers by Debe Maxwell.  And I will add:Don't make any large purchases - not a car, not a boat, not a refrigerator, washer/dryer or other piece of furniture for your new home - nothing, unless you speak with your lender first.  And even then I'd recommend you w...

By Stieg Strand, Serving each client with Tenacity and Results
(RE/MAX Results)
Comments 6
Less than two weeks before Trump took office there was a move by HUD to lower the mortgage insurance rates on FHA loans originated before January 27th. Well not so fast,  CLICK HERE  for the whole story in by Jonathan Smoke of Realtor.com   

By Thierry Roche
(Keller Williams Real Estate)
Comments 0
Don’t lose your ability to deduct mortgage interest from your taxes by not properly handling the mortgage loan paperwork when taking money from a relative to buy a home. Especially if you might become their heir.Home mortgage interest can only be deducted if the loan you accept is a secured debt ...

By Corey Martin, Real Estate and Management Solutions
(Martin Presence Group)
Comments 16
  You have made the decision to jump into real estate investments.  You have found the perfect “starter” property.  Now you just have to figure out how to pay for it. Once upon a time, financial institutions passed out loans like calendars, but today the tightened credit market can make it tough ...

By John Lemos, Your Home Loan Expert
(Caliber Home Loans)
Comments 2
THE CASE FOR (OR AGAINST) ARMS What’s the longest time-period you’ve ever lived in a home?  Consider Jane and John Doe who are buying a new house with a $200,000 mortgage.  In this example: Expected ownership period is 7 years Interest rate on a 30-year fixed rate loan is 4.5% Interest rate on a ...

By Karen Schimpf
(Commercial Capital Ltd.)
Comments 0
Here is a look at some recent closings within the last 30 days. I like to post these every month or two to just give you a feel for some of the things that are happening in Commercial. The franchise marketplace is particularly hot right now-it is a very active market for franchise financing. Of ...

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
Have you ever wondered how the Dow 20,000 will affect your mortgage rates in the Auburn - Opelika are?  Mortgage rates are guided by the bond market and demand for mortgage-backed securities, particularly in the short term. The 10-year Treasury often trends with mortgage rates. And again, particu...

By John Meussner, #MortgageMadeEasy Costa Mesa, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 4
What’s the Best Loan Product for You?      Most times when I get a phone call and the person on the other end is asking for a rate quote, they want the “30 year fixed” option.  While there’s nothing wrong with that type of loan, it doesn’t make much sense for a lot of people.  It also inspires me...
The post-election period is often one of uncertainty, and the time since the 2016 election has been no different with regards to market force and the financial world. With a new administration taking office, there are many questions regarding how Donald Trump's presidency will impact the market a...

By Svetlana Marinkovic, SecurityNational Mortgage Company
(SecurityNational Mortgage Company)
Comments 0
We love connecting families with new homes for life long memories. Join our growing family of mortgage professionals. Call today. Cell 602-410-4340 jeff.thomas@snmc.comFor more information visit: SecurityNational Mortgage Company