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 Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
Comments 1
I recently closed a transaction on a Richton Park, Illinois home in which Gene help the Buyer procure financing.  At the closing I asked Gene to continue to include me on his helpful e-blast newletters.  He came through and loves it when I share...First! Thanking Gene Walters for providing this h...

By Eric J, Dream Home Financing
(Eric J - Dream Home Financing)
Comments 0
Can I Get a Bank Statement Cash Out Refinance Loan?Bank statement loans are for self employed borrowers who cannot document enough income to qualify for a mortgage. They qualify using the average deposits in their personal and or business accounts for 12-24 months. Now, this program is also avail...

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 19
   UltraFICO & Experian Boost Good Solutions to Your Credit Challenges?  Ever since the announcements regarding the new credit scoring systems "UltraFICO" and "Experian Boost" were made last year (and their subsequent implementation earlier this year), questions regarding their use, legitimacy, a...

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/RhSi62     Why would you need Commercial Bridge Money?         We have expanded the coverage of what our private money can do, growing our platform above $2 Million up to $20 Million! This is a direct lender platform, we can close off our balance sheet (quickly) with ...

By Asad Malik, I'm an real estate agent and a house builder.
(Hellgeeks)
Comments 0
Private money lenders prove to be an effective solution for a lot of property owners. However, you still need to get into the details to analyze the private loans from each and every aspect. It would help make sure whether it is a suitable choice to fulfill your needs or not.Here are 7 things men...

By Carmela Jacobs, Ventura Co., Los Angeles Co., CA, & Global Realtor
(Carmela Realty)
Comments 0
 ¿Por qué hay tanto papeleo impuesto por el banco para la aplicación de un préstamo hipotecario al comprar una casa hoy? Al parecer el banco necesita saber todo sobre usted y requiere tres distintas fuentes para validar cada inscripción en el formulario de solicitud. A muchos compradores sus amig...

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 27
  Do You Have Plans for the Weekend? Those Plans Should Include Checking Your CreditAnother weekend is just around the corner ... do you have plans?    Silly question, I know.  But even if you already have a boatload of activities on your calendar, carve out enough time to add one more important ...

By Steve Loynd, 800-926-5653, White Mountains NH
( Alpine Lakes Real Estate Inc., )
Comments 14
Many times in the past buyers have called about properties that they wanted to view and potentially buy. Only to find out that a financing option was not available due to the access being from a private road. We have told the sellers the solution is to get everyone on the road to sign a joint mai...

By Marina Garan, South Florida Real Estate Agent
(DEZER)
Comments 1
If you are looking for the best way to approach a complex issue of finally having a place of your own, a good strategy would start with finding out the budget you have for this venture. Make sure that your monthly expenses follow the so-called 50/30/20 Rule, where 50% is the fixed payments you ha...

By Diane Beaumont, USDA,FHA,Jumbo,VA Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 14
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 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 June 20, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets.   The Fed kept policy rates unchanged at this week's FOMC meeting. However, the policy statement left the door open for possible rate cuts later this year. The 10yr T...

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 June 14, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets.   Both wholesale and consumer inflation data came in as expected this week, showing inflation is not a concern to pressure rates higher in the near future. The Fed me...

By Dan Papadapoulis, Home equity loans, second mortgages Toronto
(Mortgage Central Nationwide)
Comments 0
Do you know that now is one of the best times to get a second mortgage in Canada despite concerns over the contrary? The risks are not worth sweating over if you take the time to understand what a second mortgage is and only decide after identifying the best type of second mortgage that may work ...

By Dan Papadapoulis, Home equity loans, second mortgages Toronto
(Mortgage Central Nationwide)
Comments 0
Getting a home equity loan is fast becoming the norm for homeowners who live on a fixed income and are either near retirement or already in retirement. Financial stress is real for those with already stretched finances. No wonder tapping into one’s home equity is perceived as a very attractive fi...

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 November 9, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets.   The Fed didn't raise policy rates at this month's FOMC meeting but is expected to raise rates in December. Mortgage rates will likely remain unaffected. The midt...

By Rono Williams
(Versil)
Comments 1
Envy is a familiar feeling; it adds no value to your life instead you can end up filled with hate and bitterness that will hinder your progress. We all have different capacities and our lives progress at a varying pace. Finding out that someone else has achieved their dreams before you can make y...

By Bill Gassett, Metrowest Massachusetts Real Estate
(RE/MAX Executive Realty)
Comments 5
What Should a Home Buyer Ask Their Lender?When you are first considering taking out a mortgage, it would be a good idea to make a list of questions which you want to know the answers to. Doing so, will save you a lot of time, and help you to arrive at the right decision before you sign on the dot...

By Richard Woodward NMLS#217454, Service Beyond Expectations! Your Texas Lender
(Service First Mortgage, NMLS #166487)
Comments 0
Reverse mortgage myths are very common. Reverse mortgages are different than a traditional forward mortgage, therefore many people are afraid of them.  Few people have studied the benefits and the guidelines but are quick to dismiss what they don’t understand.  My name is Richard Woodward, and I ...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
32514 Pensacola Florida News: Will affordable, 30-year FRMs go away after GSE reform? FHFA officials told Realtors in Washington this week that loan limits won't be touched and they'll work hard to preserve the 30-year FRM, calling it "critical." Read more. Call or Text Charles Stallions Now 850-...

By Respect Realty LLC, Brokers - Oregon / SW Washington Real Estate
(Respect Realty LLC)
Comments 79
 I had a client that was in the middle of a short sale when the bank started investigating them hard for mortgage fraud. Now when they filled out the loan documents, and signed at closing, all the information was true and they didn’t see any changes on the horizon.Fast forward to today when they ...