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 Harry F. D'Elia, Investor , Mentor, GRI, Radio, CIPS, REOs, ABR
(Real Estate and Beyond, LLC)
Comments 7
HARRY'S TOP 10 MONEY TIPS FOR REAL ESTATE AGENTS   The entire country is looking at the bottom line since the collapse of the real estate market. Credit is tight right now so that means we need to know how money is coming in and out in our small business and family budgets as 2010 rolls out. Per...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 7
No one will care (or really should care) more about your Credit and credit standing than you. No one will suffer more consequences than you should something not be reported ... or an error performed.   Credit Reports and History: No One Will Care More Than You          No one cares more about yo...

By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 2
  7-day Market Stats for Condo properties inNORTH READING, MA 01864 as of November 11 2016 Median List Price: $156,450 Average List Price $156,450 Total Inventory: 2 Price Per Square Foot: $252/SqFt Average Home Size: 616 SqFt Median Lot Size: n/a Average # Beds: 1.00 Average # Baths: 1.00 Homes ...

By Bob Elliot
(RE/MAX Advisors)
Comments 0
As 2017 winds down, analysts are forecasting economic developments for 2017. Forbes identified three indicators that the U.S. housing market has recovered. Mortgage rates rose again last week; jobless claims fell and consumer sentiment jumped rose five points. The details: Housing Market Recovery...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 5
Many are falsely assuming that Interest rates will remain low indefinitely. They think the periodic "noise" heard regarding rates rising is of no real concern.   Interest Rate "Indifference" ... it Can Cost You        Interest Rates are talked about endlessly ...       Will interest rates rise .....

By Ron Trzcinski
(Century 21, The Real Estate Centre)
Comments 3
A Reverse Mortgage Possibility Let's say that you have a house that is worth $250,000 and that it has no liens against it. You sell this house for $250,000. Next you purchase a house for $500,000. To make the purchase, you put 50% down, $250,000, using the proceeds from the sale of your previous ...

By Giorgio Klinar, Senior Loan Officer NMLS # 1470826
Comments 3
When it comes to getting a mortgage, much of what you hear is true.   Underwriting is a bit tougher than it was 10 years ago.   There's added potential for snags in the process that can cause delays.   Sometimes, satisfying investor requirements is akin to the pleasure of getting a tooth pulled. ...

By Frank Rubi, FrankRubiRealEstate.com
(Frank Rubi Real Estate, LLC)
Comments 1
MORTGAGE RATES FOR THIS WEEKEND-DEC 9 Check 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. Is YUKON or MUSTANG your preferred area? Start your HOME SEARCH below.  Thinking a...

By Bo Kociuba & Buster Elliott, Live & Love OKC!
(Berkshire Hathaway HomeServices Anderson Properties )
Comments 2
MORTGAGE RATES FOR THIS WEEKEND-DEC 9 Check 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. Is YUKON or MUSTANG your preferred area?  Start your HOME SEARCH below.  Thinking a...

By Shanna Day Team Leader (AZ & UT), BUY or SELL Your Home FAST w/The Shanna Day Team!
(Keller Williams Realty EV (AZ) & Keller Williams SLC (UT))
Comments 3
Have You Heard That The FHA Loan Limits Are Changing In 2017? The Federal Housing Administration recently announced plans to change loan limits to 2,948 counties effective for case numbers assigned on or after Jan. 1, 2017 and which will remain in effect through the end of the year.Tyson Barry of...

By Svetlana Marinkovic, SecurityNational Mortgage Company
(SecurityNational Mortgage Company)
Comments 1
VA Program Highlights: • Short Sales and Foreclosures seasoned 2 years • Exceptions apply on short sales less than two year (call your AE for details) • Lender Paid compensation available up to 4% • Use all above par pricing to be applied to third part closing cost (NO caps) • VA IRRRLS available...

By Giorgio Klinar, Senior Loan Officer NMLS # 1470826
Comments 0
Loan limits are going up in the New York Metropolitan area and Northern New Jersey, where the maximum loan amount for FHA and will be moving to $625,500 as of January 1st, 2016. To stay in line with the Fannie Mae increase in loan limits from $417,000 to $424,100 which becomes effective with loan...

By James R. Venney, CMP, CMPS
(Gibraltar Private Bank & Trust)
Comments 2
  If you are a savvy  luxury home buyer looking to take advantage of historically low interest rates and the dramatic price reductions in the high end market dont’ be mislead by the rumor on the street that Jumbo financing is not available.  Several time in the past few weeks I have had knowledge...

By Ginger Harper, Your Southport~Oak Island Agent!
(Coldwell Banker Sea Coast Advantage)
Comments 1
Excellent information that I am sharing with others.   The Funds Needed at Closing .. and How They are Figured              Most new mortgage clients I speak with have pretty basic concerns regarding their upcoming financing.  One of the questions I hear most often is ...        How much money wi...

By Diane Beaumont, USDA,FHA,Jumbo,VA Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 0
Investing in a house is one of the most important purchases you will make in your lifetime. However, there are many financial benefits associated with your purchase. If you're currently perusing the market for opportunities, here are some reasons to consider investing a little sooner.Get Away Fro...

By Matt Brady, Lending With Competence And Character
(Skyline Home Loans)
Comments 0
      Wage Gains Fall Short Friday's important Employment Report was positive for mortgage rates. The other likely market-moving event over the past week, a vote in Italy, had little impact. As a result, mortgage rates ended the week a little lower. Investors focused on the wage component of the ...

By Kathleen Daniels, San Jose Homes for Sale - Probate Specialist
(KD Realty - 408.972.1822)
Comments 17
Borrower Beware!  Get all the facts before being lured into a Making Home Affordable Refinance.  Do not assume or trust that the first lien holder knows or cares if the second will subordinate.  Just because the second is currently subordinate does not mean they will agree to subordinate on a ref...

By Karen Rittenhouse, Real Estate Investor
(www.JKKPropertyInvestors.com)
Comments 4
First of all, what is a hard money loan? According to Wikipedia, “a hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money loans are typically issued by private investors or companies. Interest rates are typica...

By Kathleen Daniels, San Jose Homes for Sale - Probate Specialist
(KD Realty - 408.972.1822)
Comments 4
 Wells Fargo Security Alert - New Internet Scam - Beware! While it may seem obvious to some, maybe most of us, these email alerts do work with some consumers who may sense it is real and follow the instructions in the email.  The following is a new scam. At least it is new to me. I have not seen ...

By Marla Yost, The Marla Yost Team
(Marla Yost Team- Keller Williams Realty)
Comments 2
According to a recent report by Trulia, “buying is cheaper than renting in 100 of the largest metro areas by an average of 37.7%.” That may have some thinking about buying a home instead of signing another lease extension, but does that make sense from a financial perspective?In the report, Ralph...