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 TIM GARTON, "Highly Skilled Pro"
(RE/MAX Gold)
Comments 0
Dear Friends,30-year fixed-rate mortgage (FRM) averaged 3.75 percent with an average 0.5 point for the week ending July 11, 2019, unchanged from last week. A year ago at this time, the 30-year FRM averaged 4.53 percent. Inventory has remainded stable in Vallejo CA, and rents continue to rise if y...

By Chris B Johnson REALTOR®, 5 Star Rated REALTOR® Quality, Not Quantity
(Allison James Elite)
Comments 0
With the recent lower interest rates, many homeowners are wondering if they should refinance. To decide if refinancing is the best option for your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons to refinance, but here are three of the most c...

By Chris B Johnson REALTOR®, 5 Star Rated REALTOR® Quality, Not Quantity
(Allison James Elite)
Comments 0
¿Debo refinanciar mi casa? Con las tasas de interés recientes más bajas, muchos propietarios de vivienda se preguntan si deberían refinanciar.   Para decidir si la refinanciación es la mejor opción para su familia, comience haciéndose estas preguntas: ¿Por qué quiere refinanciar? Hay muchas razo...

By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Comments 0
For the Week Ending July 18, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets.   Retail sales increased in June, pointing to strong consumer spending. This could offset the slowdown from the business sector. Lower import prices in June are evide...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX RESULTS)
Comments 0
Last week's economic reporting included readings from the National Association of Home Builders Housing Market Index, Commerce Department reports on housing starts and building permits issued.The University of Michigan consumer sentiment index was also released. Weekly readings on mortgage rates ...

By Debra Leisek
( Bay Realty,Inc Homer Alaska)
Comments 9
This is a great post for folks who have no credit. Thank you to Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi  for providing such a clear cut path to good credit!     Do You Have Plans for the Weekend?  Those Plans Should Include Checking Your Credit Another weekend is ...

By John Alesi, (Orange County California Real Estate)
(Century 21 Award)
Comments 0
What Is A FICO Score?Hi and welcome to another Two Minute Tuesday Video. Today, I’m going to talk about your CREDIT SCORE also known as your FICO SCORE.One important aspects of purchasing a home is getting a mortgage and getting a good, low rate is dictated by our ability to prove your credit wor...

By Bob Thompson, 562.344.5626 | Stated Income & HELOCs, RT Capital Advisors, Inc.- Commercial/Residential
(RT Capital Advisors, Inc. CEO)
Comments 0
Home Equity Line of Credit (HELOC) Stated Income-Verified Assets (SIVA)  Owner-Occupied, Non-Owner Occupied and Second Homes, SFR's, 2-4's and Condos. 600+ FICO needed. BK and Lates OK after 2 years seasoning. Loan amounts from $150,000 - $5,500,000. Up to 60% LTV to $1,000,000 loans outstanding ...

By Bob Thompson, 562.344.5626 | Stated Income & HELOCs, RT Capital Advisors, Inc.- Commercial/Residential
(RT Capital Advisors, Inc. CEO)
Comments 0
Home Equity Line of Credit (HELOC) No Income Verified-Verified Assets (NIVA)  Owner-Occupied, Non-Owner Occupied and Second Homes, SFR's, 2-4's and Condos.  Over 700 FICO needed, first 6 months starting at 3.88%.  Loan amounts from $150,000 - $1,000,000. Up to 70% LTV to $1,000,000 loans outstand...

By Lisa Davies
(Online Buzz)
Comments 0
404

By Karen Schimpf, When the Bank Says No, I CAN Get Your Deal CLOSED!
(Commercial Capital Ltd.)
Comments 0
cc: by: https://flic.kr/p/CPxDnm ... Commercial Loan - No Tax Returns - No Problem!   There is a lot of money available right now. When there is more money available than good deals to fund, lenders move further out the risk spectrum. Such is the case now as stated income commercial loans have c...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX RESULTS)
Comments 1
Last week's economic releases included reports on inflation, core inflation and minutes from the Federal Open Market Committee Meeting held June 18 and 19. Weekly readings on mortgage rates and first-time jobless claims were also released.Inflation Rate Rises, but Grows at Lowest Pace in Four Mon...

By David Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 0
Food brings friends and families together, but the mechanism of business that makes it happen has a lot of moving parts. Restaurants give their patrons a memorable experience when they deliver good food and a fun, safe, and clean storefront. Restaurant equipment impacts every aspect of the busine...

By Bill Davis, Real Estate Agent, Realtor 1st Time Homebuyer, Luxury Home, Investor Specialist Realtor, Bill Davis, Experienced and Professional Realtor
(West USA)
Comments 1
Realtor Bill Davis Report:  Low 30-Year Rates Keep Buyers in Summer MarketStaying on top of real estate movement is an important function of a Professional Real Estate Agent and Bill Davis, Realtor in Phoenix, AZ shares this information about the real estate market.  Are you planning on buying yo...

By Patty Clark, Helping Families Move with Care
(Morningside Homes, LLC)
Comments 2
  Whether you're an owner now or expect to be one in the future, it is important to be familiar with the federal tax laws that affect homeownership.  Since personal income tax was enacted in 1913 with the 16thamendment, homes have had preferential treatment. The mortgage interest deduction is bas...

By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Comments 0
For the Week Ending July 11, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets.   Recent comments by Fed Chair Jerome Powell have markets speculating a 0.25% policy rate cut at this month's FOMC meeting. Some traders think it may even be 0.50%. A...

By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Comments 0
For the Week Ending July 5, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets.   A gauge of U.S. service industries dropped to its weakest level in almost 2 years, led by a cooling in employment that may temper labor market optimism. ADP reported...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 0
Investment Property Jumbo Mortgage with Low Down Payment Since I'm in California, and property values where I live and work tend to be on the, shall we say, higher side, residential real estate investors --- those looking to purchase a home of 1- to 4-units to be used as an income-producing prope...

By Joseph Metzler, Sr Loan Officer
(Cambria Mortgage)
Comments 1
Minneapolis, MN: A new bill was signed into law last week by President Trump eliminating a long held requirement that VA jumbo mortgages loans needed a small down payment.  This was in stark contrast to the very popular current VA loans of under $484,350 in most of the nation, - which our U.S. mi...
Is your Loan Officer Licensed, or simply registered? There is a BIG difference YOU need to understandRecent changes to the lending industry requires all loan officers to have a tracking number, known as an NMLS number (Nationwide Mortgage Licensing System and Registry). It should be displayed on...