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 David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
We recently released our 95% two time close construction loan. This is an amazing program that many lenders do not offer.  If you are thinking of building your dream home this program is perfect for you.  This is not your normal construction loan program, so let’s go over the highlights:  5% or l...

By Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent
(Berkshire Hathaway HomeServices PenFed Realty, Your Clarksville Real Estate Professional)
Comments 15
If the seller is going to pay closing costs for the buyer, underwriting guidelines limit the percentages based on the loan to value. This is a very useful article to keep as a reference. Thanks Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi. Your Buyer's Guide to Closing...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 10
P&S's signed by both parties is now required before the appraisal can be completed. I was in the Q&A section when I saw a question by Greg Cremia.  "Is it illegal to try to influence an appraiser?"  Great question.  As advocates for the seller we are trying to present the subject property in the ...

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 37
 Applying for a Mortgage? When "Plan A" Doesn't Work ... One of the social media sites I find most helpful (and enjoyable) is Pinterest.  And I don't mean just business-wise either ...  Need ideas for your home?  Want to know how to repair something?  Ideas for your landscaping, gardening?  Love ...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 6
The unfortunate fact of life when it comes to home loans is that it's not an easy process.  So, it's a good idea to have some options.  Here's some advice from Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi :   Applying for a Mortgage? When "Plan A" Doesn't Work ...   On...

By Donald Payne
(Vision Realty)
Comments 2
It's no secret that having a low debt to income ratio is a good way to get a great loan and a great rate how do you reduce your debt without piling on anymore?Here are 6 great ways to lower get rid of your debt completely.#1. Don't neglect communication.A great way to start lowering your debt is ...

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 if you your property taxes for your Auburn, AL house are included in your mortgage payment each month? Paying property taxes is inevitable for homeowners. The amount each homeowner pays per year varies depending on local tax rates and a property’s assessed value (or a yearl...

By Thierry Roche
(Keller Williams Real Estate)
Comments 1
Lenders and Mortgage companies will often publish “teaser” rates to draw buyers but these rates are not always available to all buyers.Let’s review a sample situation. Suppose a monthly loan payment for an advertised rate convinced you to make an offer on a home for sale. And then after you negot...

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 renovating or remodeling your house in Auburn or your house in Opelika?  If so, explore the pros and cons of some of the post popular home loans for your renovation or remodel. If you’re planning a remodel, home addition or even buying a fixer upper, you’re probably going to r...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 13
First Time Home Buyer Grants  The Federal Home Loan Bank of Atlanta participates with approved lenders to offer First Time Home Buyer Grants to purchase properties and the money can be used for down payment and closing costs. 1stMariner Mortgage is a participant of this program. Here are some of ...

By Heather Moriah Martin, REALTOR - Lehigh Valley
(eXp Realty)
Comments 0
Lehigh Valley Real Estate Down payment and Closing Costs Assistance.  Looking at all your options available with thinking about buying a Lehigh Valley Home and Getting a Lehigh Valley Mortgage.PHFA = Pennsylvania Housing Finance Agency 211 North Front Street, Harrisburg, PA 17105 1-800-822-1174Wh...

By Candice A. Donofrio, 928-201-4BHC (4242) call/text
(Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker)
Comments 34
YMMV o' course -- but in our Northwest Arizona real estate  market, properties are frequently offered with, among other terms, OWC which means Owner Will Carry (also called Seller Carryback, Seller Financing  or Land Contract).Owner financing can be a GREAT way to buy a property! No loan costs! E...

By Bob Elliot
(RE/MAX Advisors)
Comments 1
Last week's economic readings included reports on construction spending, Case-Shiller Home Price Indices and pending home sales. Fed Chair Janet Yellen said in a speech that federal interest rates would "likely" be raised. Weekly reports on new jobless claims and mortgage rates were also released...

By Mike Young, FHA 203k Consultant 707-812-7668
(203kOnLine.com, covering California & most other states)
Comments 0
Santa Cruz mountains is a haven for renovation loans like the 203kNotice that I say "renovation loans like the 203k". That is intentional as the FHA 203k isn't always the best choice for the buyer. Many times the alternatives have better terms or better rates as they are intended for people who h...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 12
Have you been checking your credit score with all the different places ofering this lately?  Getting confused?  Try reading this explanation and advice from Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi :    The Simple "Cure" that Removes Credit Mysteries   A large numb...

By John Meussner, #MortgageMadeEasy Costa Mesa, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 8
What Does the Mortgage Process Look Like?       In todays world, the mortgage process is often portrayed to consumers as "click a button & get your loan!". Upon realizing that type of process is a far cry from reality (for most consumers), people understandably become frustrated.  Overpromising a...

By Christopher Pataki, Hockessin Delaware Real Estate
(Berkshire Hathaway HomeServices)
Comments 3
 Credit cards are a great idea until you end up with piles of debt. Here are a few tips on how to manage that debt and get back on your financial feet.Know how much you owe -Add up all outstanding amounts you owe for all your credit cards and note the annual percentage rates (APR).Pay more than t...

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 2
If you're in the market for a new home, these six mortgage tips can help you secure lower interest rates, save money on payments, and nab a great house that you can really afford.If you've been thinking of buying a home in Auburn, AL or buying a house in Opelika, AL, this might be a good year in ...

By Jared Wangsgard, Utah Real Estate Marketing Professional
(REALTYPATH Executives)
Comments 2
Recently I wrote this post about local attorneys approaching homeowners who are at risk of foreclosure. We were recently contacted by a homeowner whose foreclosure sale date just happened to be the following day. He explained that he had hired an attorney to help him stop the sale of his home and...

By Bo Kociuba & Buster Elliott, Live & Love OKC!
(Berkshire Hathaway HomeServices Anderson Properties )
Comments 0
MORTGAGE RATES FOR THIS WEEKEND-MAR 3Check available mortgage rates for this weekend. They are steadily going up … but still, the rates are historically low!Lots of great looking homes on the OKC Metro market.Discover  YUKON or MUSTANG ... are these your preferred areas? Start your HOME SEARCH . ...