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 Stieg Strand, Always showing up and working hard for you
(RE/MAX Results)
Comments 0
 It is getting easier, and faster for people who have lost their home due or even filed for bankruptcy. CUT IN HALF! Recent Fannie Mae changes have slashed the minimum waiting period from 4 years to 2 years to apply for a mortgage. This loosening of the minimum period to apply would also include ...

By Stieg Strand, Always showing up and working hard for you
(RE/MAX Results)
Comments 0
Sadly, Minnesotans are in the top 5 of the countries most heavily burden states in regards to student loan debt with over $31,000 in debt. Uff dah!Well, there is be help on the way to drive those student loan payments down, and that simple fact, could increase your home buying purchase power by a...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 56
  FHA loans have been the major talk in the news as of lately. One loan officer e-mailed me the other day, asking if FHA is going away. I asked, how did you come up with this?  Because three realtors had mentioned it to them. I have not heard a thing, but let's use common sense.  If FHA loans wo...

By TIM GRISSETT
(Chapman Hall Premier Realtors)
Comments 0
Tips to ensure your mortgage closes smoothly: Credit Cards / New debt: Once you have applied for a mortgage, do not apply for new debt or credit cards, even if you do not plan to use them until after settlement. When you buy a home, you will undoubtedly buy items for that home; please wait until ...

By Stieg Strand, Always showing up and working hard for you
(RE/MAX Results)
Comments 1
With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another bubble. To alleviate that fear, we just need to look back at the reasons that caused the bubble ten years ago.We should do a brief review of the recent past here......

By Paul Marzolla, CEO at Oracle Loans │ Forbes NY Business Council
(Oracle Loans)
Comments 0
For many real estate investors the biggest obstacle is saving funds for the down payment, closing costs, and other expenses associated with buying a property. This a very common scenario that our clients face on a daily basis and, because of this, we've tailored a solution to help finance these c...

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
The difference between Conventional and Conforming Loans.Ever since I can remember, these two terms are incorrectly referenced in the media, websites, and by Mortgage lenders and Realtors as well.   So what is the difference between a Conventional Loan and a Conforming loan?   Let's start with de...

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 April 4, 2019   Please enjoy this quick update on what happened this week in the housing and financial markets.   Signaling a possible slowdown in the economy, retail sales dropped 0.2% in February. Slower economic activity is likely to keep the Fed from raising rates. Rates ...

By Ron Lanzillotta & Mike Pesce, The Pesce & Lanzillotta Team, at Douglas Elliman
(The Pesce & Lanzillotta Team, at Douglas Elliman)
Comments 0
Mortgage rates in the last 5-6 months have seen some turbulent changes with reactions from Federal Reserve policy.  Mortgage rates have a direct correlation to home valuations.  As interest rates go up, and the cost of borrowing money increases – asset prices go down.  The reason behind this is t...

By Roy Kelley
(Realty Group Referrals)
Comments 12
Ask ALL your questions and gain the information you need BEFORE you make your offer ...  Beyond Down Payment:  What Will My Mortgage Closing Costs Be?   When I first speak with new mortgage clients … especially those that are first-time home buyers … there's often a bit of confusion regarding wha...

By Patty Clark, Helping Families Move with Care
(Morningside Homes, LLC)
Comments 0
  If you're at an age where you need to be taking Required Minimum Distributions (age 70.5) from your IRA, a qualified charitable contribution and some planning may allow you to lower your overall tax liability. Let's say that a couple's 2019 itemized deductions include $8,000 in property taxes, ...

By TIM GARTON, "Highly Skilled Pro"
(RE/MAX Gold)
Comments 0
Dear friends and clients,Some people have the misconception that a 20-percent down payment is required for a home purchase, when in reality, many home loan options exist that may be able to put consumers into a home for as little as 3 percent down. In fact, 77 percent of non-cash first-time homeb...

By Chris Goulart, California Hard Money Loans & Solutions
(All California Lending)
Comments 0
Finding a loan for your primary residence is pretty straight forward.  There are many options, for qualified individuals.  Finding a loan for an investment property, however, can be more of a challenge.  We specialize in California investment property acquisition and refinance loans. There are ma...

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 David Bailey and Erika Bailey, "Creating Clients for Life" Cell # 631-589 3600
(The Mortgage Outlet NMLS # 36861)
Comments 6
Reverse Mortgage Loans Long Island | The Mortgage Outlet What is a Reverse Mortgage Loan Long Island?Call David or Erika Bailey at 631-589-3600Licensed Loan Originators at The Mortgage Outlet   The Experts The Mortgage Outlet have been handling Reverse Mortgages loans on Long Island Since 1987. A...

By James White
Comments 1
Homeowners decide to refinance their mortgage for a variety of reasons. Many like the idea of lower interest rates, while others justify their choice on the basis of their credit score. In other words, the question, "Should I refinance my mortgage?" has different answers, depending on your situat...

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/oSpBcn   Expanded Commercial Bridge Loan Coverage....   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 an in-hous...

By Chris Freck, EstaR Mortgage, A Bilingual Brokerage
(EstaR Mortgage)
Comments 1
  One out of every ten homeowners in America owes more on their mortgages than the value of their homes. You may want to consider the "cash-in mortgage" strategy if you're in that situation. You can use this strategy to reduce your mortgage in order to refinance your loan into a lower payment.  ...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX RESULTS)
Comments 0
Last week's economic news included readings on construction spending and inflation; labor sector reports on the national unemployment rate, public and private sector employment were also released. Weekly readings on mortgage rates and new jobless claims were also released.Construction Spending Ri...

By Eric J, Dream Home Financing
(Eric J - Dream Home Financing)
Comments 1
Self employed individuals have often struggled to find loans to purchase a home. While they are taking legal tax deductions as business owners, those deductions result in a very low net income on their tax returns. This low net income prevented them from qualifying for a loan.The good news is the...