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 John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 7
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 Colleen Towle, St George Real Estate
(TOLBERT, NIELSEN & JOHNSON REALTY GROUP, LLC)
Comments 0
Real Estate Tax Related Questions and Answers Many homeowners have real estate tax related questions about homeownership. These questions are often about itemized deductions, standard deductions, mortgage interest deductions, and so much more. Therefore, I have answers to the most common real est...
By Sandy Shores Broker, Melbourne Real Estate, Brevard County FL Real Estate
(M & M Realty of Brevard Inc.)
Comments 2
  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 Tom Arstingstall, General Contractor, Dry Rot, Water Damage Sacramento, El Dorado County - (916) 765-5366, General Contractor, Dry Rot and Water Damage
(Dry Rot and Water Damage www.tromlerconstruction.com Mobile - 916-765-5366)
Comments 6
    Ringing and Singing – Doug Bullwinkle     While reaching out to those ActiveRain bloggers in the Sacramento area I realized that there were members that have been to the MeetUps in the past but have not posted in many months or more. I thought this may be a good opportunity to talk with as ma...
By Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, 708.921.6331 - 37 yrs experience
(NMLS #216987)
Comments 6
   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 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 David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 3
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 Tom and Bev Herring, Tulsa Oklahoma Real Estate
(Coldwell Banker - Rader Group)
Comments 0
Real Estate Tax Tips for Property Owners Each year real estate tax deductions change from what you can deduct on your current taxes. When you file your taxes for 2014, you will notice that the terms are very similar to the 2013 tax terms. Therefore, I have some tax deductions for you to consider...
By Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 0
In spite of what you may have heard – it is possible to close a loan quickly. I had a borrower contact me recently. She said that she was purchasing a house – and she wanted to close quickly. She signed her loan package on a Tuesday. …and, she got me everything I had asked her for from the check...
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 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 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 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 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 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 Todd Hays
(Exit Real Estate Professionals)
Comments 0
  When you are discussing home loans there is a difference between interest rate and APR. The interest rate on a home loan is the amount of interest you pay on the principal expressed as percent per year. Hold on, now that sounds like annual percentage rate. No, annual percentage rate, or APR is...
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 Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 2
I always wondered why the lenders go back only 2 years - not 1 year or more than 2 years - in most cases. Here's a classic explanation in this re-blog from Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com     Why Are the Most Recent 2 Years of Your Life Important in Financing?      It...