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 Karen Schimpf
(Commercial Capital Ltd.)
Comments 0
cc: by: https://flic.kr/p/5n2Wxe High LTC Commercial Construction Loans   A LOT of money is still available for construction projects. Although most banks and institutions are scaling back their LTC’s, (Loan to Cost), because of how far along we are in the business cycle, private money lenders a...

By Eleanor Thorne, Equity Resources 919-649-5058
(Equity Resources)
Comments 0
Because of all of the changes coming to the USDA Maps in NC – we are getting inquiries from folks who are going to use a FHA Loan for a home that is in a more rural setting.  Many of these homes do not have public water systems, and that’s okay with FHA.  They require that homes in NC are connect...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 12
Escrow payments are collected monthly by the Lender (or Mortgage Servicer) via the Monthly Mortgage Payment, then disbursed/paid-out after accruing in the Escrow Account.     Mortgage Escrow Accounts: What They Are & The Options You Have   The topic of "borrowing power"  and questions surrounding...

By Dora Griffin, NMLS 6380
(D A Griffin Financial.LLC)
Comments 0
PURCHASING A HOME? How An Escrow Account Is Set Up One thing I always make it a point to cover with clients is escrow accounts when they purchase a home, how they are set up and why, including information on how and when escrow payments can change.When purchasing a home if you are required to, or...

By Steve and Eleanor Thorne, Mortgage Loan Johnston County
(Equity Resources, NMLS 60596)
Comments 0
When you are purchasing a home from a family member – then there are some extra hoops that you have to jump through.  With FHA, the rules on how to buy a house from a family member allow us to loan you up to 96.5%, as long as the borrower has been renting the property (literally paying rent, not ...

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, Quicken Loans becomes nation's top lenderIn the fourth quarter of 2017, Quicken ($25.1B in originations) says that it surpassed Wells Fargo ($22.9B in originations) to become the top U.S. lender. Read more.  The Top 5 Things to Do in Pace 2017 ...

By John Wiley, Lee County, FL Real Estate GRI, SRES,GREEN,PSA
(Right Move Real Estate Group- EXP Realty)
Comments 18
The consumer is often confused about all the aspects of a mortgage. Gene Mundt has provided a very clear description of what is Escrow and how it is handled.I think this information would be valuable to share with all buyers and especially those who are First Time Home Buyers.   Mortgage Escrow A...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX RESULTS)
Comments 0
Although the majority of the Generation Z population make $25,000 or less per year, they really have embraced the American Dream of home ownership. According to a recent survey by Zillow, 97 percent of Gen Z renters asked were confident they will be homeowners in the future, whereas only 55 perce...

By John Thomas, First Time Home Buyer Expert
(Primary Residential Mortgage Inc.)
Comments 1
Planning Your Delaware Renovation Can be ExpensiveDelaware Renovations are varied, unique projects - your ideal look and feel for your home will differ from your neighbor's. There are so many different styling options, renovation situations, and personal goals to sift through! This can make a ren...

By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Comments 0
Purchase Your Clark County Home with No Cash Down Financing, Backed by the US GovernmentAn always popular reason for people wanting to move to Clark County has been the opportunity to either live in one of the several fine small towns nearVancouver or, own a home on acreage in the country, and pe...

By Paul Antonelli, Broker Owner; NextHome Antonelli Realty
(NextHome Antonelli Realty)
Comments 0
Have you heard about the latest security breach? Do you have MyFitnessPal app? You may want to continue reading. Last Thursday, Under Armour Inc. announced that 150 million accounts from its subsidiary, MyFitnessPal, were compromised.The breach included user names, email addresses, and hashed pas...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX RESULTS)
Comments 1
Last week's economic releases included readings from Case-Shiller, pending home sales, and consumer sentiment. Weekly reports on mortgage rates and first-time jobless claims were also released.    Case-Schiller: Home Prices Continue to RiseAccording to Case-Shiller Home Price Index reports for Ja...

By Gary Frimann, REALTOR and Broker
(Eagle Ridge Realty / Signature Homes & Estates)
Comments 11
As a former loan agent, going back over 25 years, I have been pondering the notion that perhaps lenders should bring back the Stated Income/Stated Asset (SISA) loans.  Maybe bring back a stated income (only) loan.  A lot of people make money off rents, dividends, etc. and do not like to provide a...

By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Comments 3
Is Now The Time to Get Off the Fence Post? Mortgage rates are at their highest levels in more than four years and interest rates are forecasted to move higher in the coming months. If your thinking about buying a home in Honolulu Hawaii it might be in your best interest to step up the home search...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 8
This is a situation to avoid at all costs:      HOW and HOW MUCH Late Mortgage Payments Can Hurt You     From client info, applications, communications, mortgage industry news, marketing ideas, to social media and more, it seems like I'm reading all the time these days.  The gathering (and sharin...

By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
Comments 1
Important Questions to Ask Your Mortgage Lender for the Best DealFinding the right lender and mortgage product could save you thousands upon thousands of dollars on your Matthews house for sale. When making what is likely the largest purchase of your life, you want to do it right. Read this artic...

By Debi McKamie, Realtor®/Property Manager
(Red Oak Properties)
Comments 1
Easter On The Bosque- Meridian Texas 76665.    This spectacular community event will be held on Saturday March 31, 2018 at Bosque Bottoms.  Gates open at 3 p.m.There will be over 5000 eggs!  The Easter Bunny will be there !This will be an exciting and fun event for children of all ages!  Make pla...

By Starla Smith CPA, Your Professional Tax & Accounting Problem Solver
(Stellar Accounting & Tax Solutions)
Comments 6
A main focus of my practice is helping small business and individual taxpayers meet their IRS filing requirements. Many taxpayers who come to see me in my Daphne, AL office have received a letter from IRS and are confused as to what actions they need to take to ensure the best possible outcome.A ...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 7
Can you save that senior from a foreclosure?  A reverse mortgage solution. A referral turned our attention to the needs of a widow that owns a home in an affluent section of Montgomery County, Maryland. Since the death of her husband, she has struggled with her personal finances. Real estate taxe...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 12
Mortgage shoppers hear many strange tales about the home loan-shopping process. Here are 6 common myths about shopping for a mortgage and the facts you should know: Myth: Shopping for a mortgage loan will hurt your credit score. Fact: Credit scoring companies know most people want to shop around...