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 Stoll, Results That Move You
(Urban Dallas)
Comments 1
Real Estate Minute | Tim Stoll Last winter, mortgage rates were rising, economic growth was sluggish, and the polar vortex left much of the country in a deep freeze. The combined effect of these factors, plus rising home prices, meant the housing market got off to a slow start and stayed below ex...
By John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 6
Is a shorter term mortgage a good idea?          With rates dropping steadily for the past decade, I've lost count of the times I've helped clients refinance to shave years off of their mortgage.  This is a great way to save a ton of money, reduce interest paid to the banks, and plan for retireme...
By Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, 708.921.6331 - 37 yrs experience
(NMLS #216987)
Comments 70
Debut of Fannie Mae's Appraisal Review Slated for January 26, 2015              Fannie Mae has rolled out a new safeguard for Lenders and Underwriters, as they continue to strive for Appraisal integrity and accuracy ...     This new Lender's tool becomes available on January 26, 2015 ... the very...
By Bruce Brown, Senior Loan Officer/CMPS
(PrimeLending)
Comments 0
Below is the daily mortgage market and interest rate commentary from Bruce Brown, CMPS with Prime Lending and radio host of Dollars and Homes on KCMO Talk Radio 710. To view my daily blog please visit my website at www.dollarsandhomes.com/blog.  
By Sandy Shores Broker, Melbourne Real Estate, Brevard County FL Real Estate
(M & M Realty of Brevard Inc.)
Comments 1
  Did you know that you can cut years off of your mortgage and save thousands of dollars? By making one additional principal payment each year on your 30 year fixed rate mortgage, you can cut approximately 8 years off of your loan and save tens of thousands of dollars. Have you heard about bi wee...
By Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, 708.921.6331 - 37 yrs experience
(NMLS #216987)
Comments 5
   Info Requirements for Mortgages Fall Into 4 Categories              I often hear the comment about "how hard" it is to get a mortgage today ...        I hear about the challenges faced within the current mortgage process VS those when anyone breathing could get a Mortgage.  At those times, I s...
By John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 12
POOF!  There goes your interest rate!          "But do you think they'll go lower tomorrow?".  Every time rates drop substantially, this is a question every loan officer hears from prospective clients on the way down.  This past week, I heard the question Tuesday, Wednesday, and Thursday as prosp...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 1
Markets are poised for what is likely to be another day of sideways movement or possible slight gain. Tomorrows release of Durable Goods Orders as well as the problems overseas are giving a flight to the quality of the US Bonds and keeping prices favorable for all looking to buy cars, homes etc....
By Michael Fagan
(Berkshire Hathaway HomeServices Fox & Roach Realtors)
Comments 2
  Life events can have a profound effect on insurance needs. The Insurance Information Institute (I.I.I.) advises policy holders to conduct an annual review of their coverage to assess any changes that could affect their financial footing. Talk to your insurance provider about any or all of the f...
By Karen Fiddler, Broker/Realtor, Laguna Beach & Lake Arrowhead, CA (949)510-2395
(HOM Sotheby's Intl Realty, 949-510-2395)
Comments 4
Did you take advantage of a loan modification? The Federal Government's Home Affordable Modification Program (HAMP) provided close to half a million homeowners relief on their mortgages in 2010. These modifications were fixed for the first 5 years and this year these consumers will see the first ...
By Michael Fagan
(Berkshire Hathaway HomeServices Fox & Roach Realtors)
Comments 0
By Jeri Carmicheal, Experienced Reverse Mortgage Consultant
(Fresno/Clovis/Visalia/Madera and surrounding communities)
Comments 0
The only thing constant in life is change and like everything else the Reverse Mortgage program has been changing and evolving over the past several years. The principal limits have changed, the amount you can draw during the first twelve months has changed and coming March of 2015, the documenta...
By Rob Spinosa, Marin Mortgage Broker
(RPM Mortgage, Marin County, CA)
Comments 3
"Will Refinancing Cause My Property Taxes to Go Up?"   Because the current interest rate environment remains conducive to refinancing, a concern that some have about taking action stems from confusion related to how their property taxes are determined, and specifically the question, "Will refinan...
By Cheryl Powell - The Powell Team, Concord,Harrisburg & Charlotte NC Area Real Estate
(RE/MAX Executive Realty - The Powell Team)
Comments 43
Have you had a Bankruptcy, Foreclosure, Short Sale or Deed in Lieu of Foreclosure and are wondering how long you have to wait before you can obtain a new home loan?  Here are the guidelines as of Februrary 2011, which I verified with a loan officer friend.  Of course, every rule is made to be bro...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 1
When it comes to getting a mortgage, there are a few things you can do before hand to get ready for the process.  Here at KC Loan Tips we refer to this as getting mortgage ready.  We'd really like to help you be ready, because, well, frankly it helps us while we're doing all that background work ...
By Five Stars Mortgage, Florida USDA, FHA and VA Loans
(Five Stars Mortgage)
Comments 0
USDA Rural Housing still offers 100% financing in select locations around Florida.  The good news is Polk County is still eligible for the USDA Rural housing program in 2015.  The USDA program continues to grow in popularity with Polk County homebuyers searching for 100% financing.  Eligible USDA...
By Jamie Chambers, USDA /FHA Mortgage Source
(USDA / FHA Mortgage Source)
Comments 0
  First time home buyers in Pasco County still have options for little to NO money down home mortgage financing.  The USDA mortgage is a great choice for Florida first time homeowners with little cash saved up as this program is 100% financing. Buyers can even have their  closing costs rolled in...
By Dennis Dahlberg
(Level 4 Funding )
Comments 2
Buying a house and obtaining a loan from a bank is just one of those events in life that everyone goes through. However everyone also goes through the realities of keeping up a good credit score. And the reality is that you need good credit in order to secure a common mortgage loan from the bank...
By Bruce Brown, Senior Loan Officer/CMPS
(PrimeLending)
Comments 0
Below is the daily mortgage market and interest rate commentary from Bruce Brown, CMPS with Prime Lending and radio host of Dollars and Homes on KCMO Talk Radio 710. To view my daily blog please visit my website at www.dollarsandhomes.com/blog.  
By Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 1
It’s not unusual at all for an underwriter to request that disputes be removed from a disputed account. In the past we have used a simple letter from the consumer to have these disputes removed. I wanted to let you know that as of January 19th, 2015 Experian will now require a letter from the re...