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 Charles Stallions Real Estate Services, Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.
(Charles Stallions Real Estate Services Inc)
Comments 1
Buying a Home  in Pensacola, Gulf Breeze or Pace Florida Mortgage rates climb to 4.46% - a 4-year highThe cost of a loan continues to rise on the brink of the traditional spring home buying season, and buyers will now confront higher borrowing costs. Read more. Gulf Breeze Florida - Things to Do ...

By Pat & Sharon Mistowski, Horizon Lending Services, LLC
(Horizon Lending Services, LLC)
Comments 0
Most real estate agents will not spend much time working with a potential buyer unless they have already received a pre-approval offer from a lender. However, in order to attain a pre-approval offer, lenders will require you to verify your income and assets. This verification process can often be...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 10
I see too many people just go to their current bank when applying for a mortgage.  Most of the time this is not a good idea.        Choosing Your Loan Officer: Don't Short-Change Yourself   The act of obtaining a mortgage has become a deeply personal and individualized pursuit. In its present for...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 1
Pensacola Homes and Real Estate: Pensacola Realtor saysU.S mortgage rates up for 8th week; 30-year at 4.43%Freddie Mac: The new 30-year average is highest since Jan. 2014. Rates are rising in response to higher levels of gov't debt and expectations of rising inflation. Read more. Upcoming Events ...

By Diane Beaumont, USDA,FHA,Jumbo,VA Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 11
Are you interested in paying less per month on your mortgage? Or perhaps you would prefer if your mortgage was paid off a couple of months – or years – faster?If you are a homeowner with a mortgage, one option that is open to you is refinancing.How Does Refinancing Work? In short, refinancing is ...

By Jerry Thomas-Construction Loans, Construction Loans Conv/FHA/VA
(Cranbrook Loans)
Comments 2
Pole barn homes, container homes, geodesic domes, quonset hut homes, I've had calls about all kinds of odd building types. Unfortunately you can't use the FHA/VA Construction to Perm loan for any of these. The program exists to help build homes that are mainstream, not unique or special. Sorry, n...

By Sharon Kowitz, Cary, NC Relocation Specialist ~ Buying or Selling
(Fonville Morisey-CRS-SRES-ABR-GRI-E-Pro-CREN Cary, NC)
Comments 1
30 Year Fixed Mortgage RatesNational Yearly Averages  Thank you to Denee Muller for sharing this from the FM Lending services, used with permissionAre you ready to Sell? Ready to Buy? Call me Today! The Triangle Real Estate Market is Ready for you! Your Triangle Relocation Specialist & Certified ...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 1
Bank Statement Jumbo Mortgage It is no secret that the self-employed have their share of challenges when it comes to getting a home loan.  And why wouldn't they?  On one hand, their tax professionals spend hours maximizing their deductions and helping them "write off" every allowable expense and ...

By Charles Stallions Property Manager, Pensacola, Pace & Gulf Breeze Property Management
(Charles Stallions Real Estate Services)
Comments 1
Pensacola, Gulf Breeze and Pace Property Management, More millennials going conventional, fewer FHAOf all millennial home loans over the past two months, 66% were conventional and less than 30 percent were FHA. Read more.  The Top 5 Things to Do in Pace 2017 - Must See Attractions in Pace ...  Th...

By Jerry Thomas-Construction Loans, Construction Loans Conv/FHA/VA
(Cranbrook Loans)
Comments 2
Sooner or later almost every client I work with asks me, "How much am I pre-approved for?".Please keep in mind that borrowers are pre-approved for a payment, not a loan amount. You might be approved for a $200,000 purchase in a low tax area but get turned down for a $190,000 loan in a high tax ar...

By Jerry Thomas-Construction Loans, Construction Loans Conv/FHA/VA
(Cranbrook Loans)
Comments 1
There use to be a time, many years ago, that if you wanted to borrow money to build a home you had to get a construction loan. Once the home was completed you had to refinance that construction loan into your end or permanent financing. You paid 2 sets of fees, fill out 2 applications, qualify tw...

By Jerry Thomas-Construction Loans, Construction Loans Conv/FHA/VA
(Cranbrook Loans)
Comments 1
As work is completed on your new home inspections will be done by the lender. These inspections are normally performed by the appraiser and are done to confirm that work was completed so funds can be disbursed to the builder (aka "draw").   Several times during the building process your home will...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 10
Some great info about FHA loans:  Many potential home buyers have questions about the FHA loan and the process needed to secure a home mortgage. Some people are even confused about what is a myth and what is a fact about FHA loans. Listed below are the common FHA mortgage facts along with brief e...

By Diane Beaumont, USDA,FHA,Jumbo,VA Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 5
When you're delving into the market in the hopes of finding your dream home, it's likely you'll come across the term debt-to-income ratio. While it might not seem important at first, but your DTI is the key to determining the amount of money you can put into your home and how much you should spen...

By Shanna Day Team Leader AZ & UT - Call 480-415-7616, Top 1% Of 155,000+ KW Agents Worldwide!
(Keller Williams Realty EV (AZ) & Keller Williams SLC (UT))
Comments 0
Need Lower Mortgage Monthly Payments For The First 10 Years? Check Out Academy's Interest Only Loans!Looking for a loan with lower monthly mortgage payment? Expecting to sell or refinance your Arizona home before the interest-only period ends? Or are you a first-time homebuyer who expects to earn...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 9
Some great advice from Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi for those in the process of obtaining a mortgage loan:      Avoid "Mortgage Approval-Ivy". Don't Make These Mortgage Mistakes   When our boys were little, we decided to construct a home in the Lincoln-...

By John Thomas, First Time Home Buyer Expert
(Primary Residential Mortgage Inc.)
Comments 2
WHAT IS A DELAWARE MANUFACTURED HOME LOAN?Buying a home is a large investment – it could take years to save up enough to afford a traditional home in Delaware. Thankfully, there are less traditional options available for eager potential home buyers. Manufactured homes are typically a more afforda...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX RESULTS)
Comments 0
Many veterans and active military personnel like the fact that VA loans don't require private mortgage insurance (PMI). PMI has served as a thorn in the side countless home buyers who couldn't manage a 20 percent down payment. The good news is that VA loans don't requre mortgage insurance, even w...

By Jerry Thomas-Construction Loans, Construction Loans Conv/FHA/VA
(Cranbrook Loans)
Comments 0
With the Great Depression not far behind us, I'm taking calls from a number of people that have experienced a bankruptcy. These potential borrowers are going to have to wait 2 years from the date of their discharge to qualify for a FHA or VA loan, 4 years for a conventional. So the first thing yo...

By John Higgins, Branch Manager/Senior Loan Officer
(Best Choice Lending, Inc.)
Comments 3
Have you been wondering how much house you can afford?Well, now you can find out based on your specific situation instantly with Best Choice Lending’s “Mortgage in a SNAP.” Simply put, it is the mortgage application without all the hassle.Just plug in your information. We will ask about income, a...