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 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
  What You Need to Know About Credit FreezesWhen Buying a Home   Currently, I'm working with clients that had chosen ... prior to their mortgage application ... to place a Credit Freeze on their credit file and credit accounts ...They had decided to take that action after the discovery of 2017's ...

By Joyce Thomas, Your Home Sold Guaranteed!
(The Thomas Group Brokered by eXp Realty)
Comments 2
Lenders look at your credit report to determine whether you qualify for a loan or credit card. Inaccurate information could lead to an unfavorable interest rate or outright denial of your application. You should periodically request copies of your credit reports and check them for errors. If you ...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 1
32514 Pensacola Florida News: Is The Recent Dip In Interest Rates Here To Stay?  Call or Text Charles Stallions Now 850-476-4494 for any of you real estate related questions. Pensacola, Pace and Gulf Breeze Florida Homes and Real Estate for sale or for rent. Pensacola Realtor Charles Stallions as...

By Anthony Atkins
(CixxFive Conceptes)
Comments 0
Stated by different credit repair companies, whether you like it or not, your credit score is the measure that’s used by lenders and even employers to see how trustworthy you are when it comes to money. Your credit score can affect your chances of getting a home, a vehicle, a major appliance or e...

By Debra Leisek
( Bay Realty,Inc Homer Alaska)
Comments 12
This is very good information for those who Froze your credit during the Equifax debacle!Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi  gives you everything you need to know about the process to unfreeze your credit permanently or temporarily while you buy your new home...

By Patty Clark, Helping Families Move with Care
(Morningside Homes, LLC)
Comments 5
  The Tax Cuts and Jobs Act of 2017 increased the standard deduction to $24,000 for married couples.  There will be some instances that homeowners may be better off taking the standard deduction than itemizing their deductions.  In the past, homeowners would most likely be better off itemizing bu...

By Joe Manausa, Tallahassee Real Estate
(Joe Manausa Real Estate)
Comments 2
When it comes to taxes, everyone enjoys saving money. However, did you know that you might be paying more than you should on your property taxes? If you bought a home and didn’t file for the homestead tax exemption, then you are paying extra on your taxes. Below, I’ve explained all the steps to a...

By Karen Schimpf, When the Bank Says No, I CAN Get Your Deal CLOSED!
(Commercial Capital Ltd.)
Comments 1
https://flic.kr/p/ax7Vmh The recent stock market volatility has driven down the long term SWAP rates which most commercial loans are tied to (except SBA 7A loans which are tied to prime). 5 year fixed loans with longer 25-year amortizations can now be done for under 5%!!!!!!!!!!!!!! On conventio...

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 13
  Your Mortgage Menu. Your Health Dictates What Choices You Have       Yesterday, I wrote a post regarding the possible re-emergence of  3% down, Mortgage Insurance-related mortgage products and their once again becoming an option for home buyers.       As I thought it would, it opened-up some di...

By John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 10
Can Foreign Nationals Get a Home Loan? TL;DR version - yes! Details?  We've got those, too.      For foreign nationals and other non-citizens, mortgage options are aplenty.  Loan terms and types may differ from standard conventional financing, but a lack of citizenship doesn't bar someone from ow...

By Richard Zaretsky, Florida Real Estate Attorney
(THE ZARETSKY LAW GROUP - Board Certified Real Estate Atty and AUTOMATED LAND TITLE COMPANY)
Comments 9
Lender loan modifications could become serious again – provided the mortgage is owned by Goldman Sachs.  Recently reported in the Wall Street Journal, Goldman has been put in a unique position of profiting by giving loan modifications.  By both complying with the outline of the 2016 government se...

By Roy Kelley
(Realty Group Referrals)
Comments 16
Tax Deduction for Mortgage Insurance Extended Through 2016 We received this message from one of our favorite mortgage loan officers:Great news! Congress has voted to extend the tax deduction for mortgage insurance (MI) through 2016.Remind your clients that they can deduct their MI premiums on the...

By TIM GARTON, "Highly Skilled Pro"
(RE/MAX Gold)
Comments 6
Dear Friends,Yes, you can purchase a Vallejo CA home or area near Vallejo  after short sales, Foreclosures or a bankrupcy. There is a chart below I added for your review and the lender Sean Murphy is one of the best!! I have worked with Sean for almost 6 years now and he knows his stuff 707-750-9...

By Rosie Moore
(Serving Sugar Land, Richmond, Rosenberg, Missouri City)
Comments 5
Now that you've executed a sales contract with the sellers, it's time to get approved for a mortgage loan. This is the most time consuming part of the transaction process. But, if you have all the paperwork together, the process should go smoothly. As a rule of thumb, it usually takes an average ...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
32514 Pensacola Florida News: Congress extends Rural Housing Service loansRHS expired in 2020, but Congress extended it on Wed. Once signed by Pres. Trump, which is expected, the program will be extended through the 2030 census. Read more.  Call or Text Charles Stallions Now 850-476-4494 for any ...

By John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 3
Cash Out Refinance on a Duplex in Martinez, CA       Most deals don't come easy.  Nearly every mortgage application has SOME type of puzzle piece that's difficult to place.  Thankfully, the complicated loans with lots of moving parts are the ones that make me a better loan officer, and give my te...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
32514 Pensacola Florida News: Mortgage rates fall to 3-month low – 30-year at 4.63% It might be time for buyers to lock in a rate: Continued declines in the stock market pushed home borrowing rates lower, though they're still higher year-to-year. Read more. Call or Text Charles Stallions Now 850-...

By Shannon Jones, Long Beach CA Real Estate
(The Shannon Jones Team)
Comments 2
1031 Tax exchanges represent a great opportunity for investors who want to increase their income potential without increasing their out-of-pocket taxes.A 1031 exchange, also known as a like-kind or Starker exchange, is a process that allows a property owner to sell one or more properties and tran...

By Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce
(EXP Realty 414-525-0563)
Comments 16
. It matters not whether it is a first time Buyer or Buyers who have not bought in a while...Credit Scores are sometimes a "foreign number"  and not been "translated" in a while...OR the impact of lower score on many more things than individuals realize.    It matters not that the ABC Credit Bur...

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 January 17, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets.   The government shutdown, now the longest in U.S. history, hasn't yet slowed down the economy. It is expected to, however, the longer it continues. Economic data...