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 Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
The benefits of a preapproval (not prequalification) for Blue Springs Mortgage Loans   A lot of consumers are not educated enough on how they should go about buying a home.   No question, this is a big decision, and one that can be either immensely stressful- or immensely enjoyable- depending on ...
By Bill Zumwalt, Tax Coach, CPA
(William T. Zumwalt CPA, CTC "The Tax Coach for REALTORS")
Comments 0
Donald Rumsfeld may be one of the most controversial figures of our time, but you have to respect his resume. He won a seat in Congress at an age (30) when some of today's college graduates are still living in their parents' basements. He served as the youngest Secretary of Defense in American hi...
By Michael Collins, CDPE, SFR , Wisconsin Short Sale Specialist Realto
(*ROCK REALTY|Broker|Realtor|Real Estate|WI Short Sale Agent*)
Comments 0
Should You Compare Quotes from Various Agents for Home Insurance? Don’t be fooled by funny commercials and catchy slogans; insurance is quite complicated.  Varying levels of coverage, locations and other factors make insurance policies very different from one provider to the next.  That is why it...
By Bruce Brown, Senior Loan Officer/CMPS
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 Bill Burchard, Broker, Realtor - Murrieta Homes For Sale, Califor
(3B Realty: BRE# 01864774)
Comments 0
Fixed Mortgage Rates Avg. 4.33% (30-Yr), 3.39% (15-Yr) for Week Ending 4/24/2014. Just follow the link to view the latest Weekly Mortgage Rate Averages. Every week I report the latest mortgage rate averages as determined by Freddie Mac. I post the latest national averages, as well as the local av...
By Robert (Vegas Bob) Swetz, Commercial & Residential Real Estate Agent
Comments 9
  Believe it or not. I am hoping Interest Rates go up ;o)   Nobody really wants interest rates to go up, but when interest rates at low nobody wants to borrow money. And then when the rates go up, lenders will borrow money to anyone. For the last few years in Las Vegas Nevada, it was almost impo...
By Richard & Beth Witt, Broker/Owner RE/MAX Wittney Estates Long Island NY
(RE/MAX Wittney Estates 516-795-6900 www.longislandrealestatesearch.com)
Comments 7
I think this is a great post... full of valuable information for all... not just buyers and sellers... I share it for all that have missed it... Great information to pass on... I just posted it in on our office page for all of our agents to review.. Thanks Gene...   What are the Requirements to Q...
By Paul McFadden, Mortgage Loan Officer, Bellevue Washington Home Lo
(Alaska USA Federal Credit Union)
Comments 3
Another excellent post by my Active Rain colleague, Gene Mundt. People get approved in a variety of ways every day for a mortgage. Gene mentions everything here. Enjoy the read!   What are the Requirements to Qualify for a Home Loan Today?          Frequently I hear the question ...       "What a...
By Tammie White, TW Realty Group, Franklin TN
(Benchmark Realty, LLC (615) 495-0752 or www.TWRealtyGroup.net)
Comments 2
This is a question many Franklin TN home buyers ask. You should always get a pre-approval letter from a lender prior to beginning your home search. Ask your lender how long that pre-approval letter is good for. Keep in mind that should your employment status or financial situation change that wil...
By Phil Stevenson, CRMP, Reverse Mortgage Expert in Miami and Florida
(PS Financial Services 786-586-3336 or 888-845-6630)
Comments 6
Who Should Get a Reverse Mortgage and "Why?" I find clients often worry about their heirs whenever they decide to move forward with a reverse mortgage, either because they wished to leave their home to their children or grandchildren or hoped that their children will be able to sell the home upon...
By Gene Mundt, Mortgage Lender - Chicago/Chicagoland Mortgages
Comments 38
  What are the Requirements to Qualify for a Home Loan Today?          Frequently I hear the question ...       "What are the requirements to qualify for a home loan today"?       To answer that, I'm first going to list what are considered as foundation requirements for current mortgage loans.  W...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
The benefits of a preapproval (not prequalification) for Lee's Summit Home Loans A lot of consumers are not educated enough on how they should go about buying a home.   No question, this is a big decision, and one that can be either immensely stressful- or immensely enjoyable- depending on how yo...
By Amanda and Jared Christiansen, YOUR Fort Wayne Realtors, Century 21 Bradley.
(Century 21 Bradley (260)704-0843)
Comments 1
Gene is a lender in the great Chicagoland area.  He's always full of valuable information about loans and what it takes to qualify for a loan.  Here he explains the requirements today for qualifying for a home loan.   Keep sharing the valuable information Gene!     What are the Requirements to Qu...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 2
Spring has officially sprung and warmer weather will most likely bring a long anticipated increase for the housing market, which was stifled by extreme winter weather catching most of the nation's meteorologists off-guard.The National Association of Realtors announced that the difficult winter w...
By Neil Coleman
(First Midwest Bank NMLS#143306)
Comments 1
To refinance a mortgage means to pay off your existing loan and replace it with a new one. There are many reasons why homeowners opt to refinance, from obtaining a lower interest rate, to shortening the term of the loan, to switching mortgage loan types, to tapping into home equity. Each has its ...
By Deborah Nance, Southern California , Reverse Mortgage Specialist
(Orange County, Corona, Riverside, Los Angeles)
Comments 1
Orange County Reverse Mortgage Question -  Reverse Mortgages are Non-recourse loans - what does that mean?   Recourse and non-recourse are terms used in conjunction with mortgages that describe the options/procedures that the lender has available to use when a loan is not repaid according to the ...
By Brian Heckman, Brian Heckman- Florida Mortgage Lender
(The Heckman Group)
Comments 0
    A survey conducted by a Mortgage Banker Association (MBA), which was given to homebuilders and their subsidiary mortgage institutions, showed that there is a 15% increase in mortgage applications for a new home last March compared to Febuary. According to the survey, "MBA estimates that there...
By Nina Hollander, Your Charlotte/Waxhaw/Fort Mill Area Realtor
(RE/MAX Executive Realty/Charlotte, NC)
Comments 4
Have you ever wondered how long your mortage pre-approval is good for? Have you ever wondered why your Realtor tells you that a year-old pre-approval is not sufficient to submit to a home seller with an offer to purchase? Read John Meussner's article below explaining why mortgage pre-approvals mi...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
Are you interested in trust deed investments Arizona? Have you been thinking about it more? Maybe you heard about it from a friend who is having great success with their portfolio investments? Maybe you came here and read it on our website? Whichever the situation, you are right in considering a ...
By Ron Chastain, What ever it takes
(Keller Williams Realty Atlanta Partners)
Comments 0
We call them oxymorons: terms with built-in contradictions. George Carlin made fun of ‘jumbo shrimp’; Jerry Seinfeld pointed out the unlikelihood of anything being ‘found missing’ or ‘clearly misunderstood.’ But for some Henry County homebuyers, there is more reason to smile than laugh over the n...