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 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 0
When you give someone option money at the onset of a lease option agreement – you are going to have to prove you gave that money when you get a loan to buy that house. How do you prove it? If it’s certified funds you need to keep a copy of the certified check. If it was a personal check – you ne...
By Kristin Walter
(Summit Real Estate-The Simson Group)
Comments 2
I get this question a lot, so I decided to do my best to explain it.  When I hear "Why Can't I Get an FHA loan on my Ski Condo in Summit County?", my first response is to say that I am not a lender.  It is best to talk with a local lender to give you some insight.  I have a list of very reputable...
By Troy Erickson, Your Chandler, Ahwatukee, and East Valley Realtor
(Diverse Solutions Realty www.ChandlerRealEstate.weebly.com)
Comments 36
Nick and Cindy Davis have offered up some great advice on strategies to shave years off of your mortgage. Considering your mortgage payment will probably be the largest payment you will ever have, and the interest you pay on the loan will be a lot no matter what, this advice can be very beneficia...
By Tim Lorenz, 949 874-2247
(TIM LORENZ - Elite Home Sales Team)
Comments 4
3/1/2015 Home Values By Tim Lorenz For Mission Viejo   This week’s report on home values for Mission Viejo and surrounding areas homes is prepared by a Mission Viejo Realtor Tim Lorenz.  The report shows the Orange County Median Prices for resale homes were up 4.7 percent, for new homes up 9.3 pe...
By Lynn B. Friedman, Timesaving Strategies for Atlanta Sellers & Buyers
(Atlanta Homes ODAT Realty Call/Text 404-939-2727 Buckhead - Midtown - Westside -- Concierge Service)
Comments 3
Freddie Mac Preview of US Economic and Housing Market Outlook Feb 2015       Yes, the economists propose to predict the future. As time passes, we get to look back and see how close they were when the time period actually arrives. Len Kiefer, Deputy Chief Economist for Freddie Mac, offers this vi...
By The Tonnesen Team, Put a #1 Team to Work For You!
(Berkshire Hathaway Home Services Nevada Properties)
Comments 1
We finally found a reputable lender with low fees and good rates that can do foreign investor loans AND/OR loans on condo hotels. This is a "make sense" lender that can do portfolio loans outside the box. They also have non warrantable condos and condo hotel financing for US citizens with 20% dow...
By Rob Spinosa, Marin Mortgage Broker
(RPM Mortgage, Marin County, CA)
Comments 1
Need a Jumbo Loan?  Better Call in the Reserves   Here in the San Francisco Bay Area, and Marin County, where I'm located, we tend to see a lot of loan amounts that exceed the conforming and high balance conforming loan limits (respectively, $417,000 and $625,500, in most local metropolitan stati...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 7
Well with today's GDP numbers coming in less than expected I think today is the day we not only pierce 102 but we close above it. I would be shocked if we did not break and hold that for today. The economy is better and I don't think anyone can argue that point but there are still a lot of underl...
By Nick and Cindy Davis, CRS,CIAS,ALHS,e-PRO,CDPE,SFR,Realtor(R)
(RE/MAX Premier Group)
Comments 8
Just because you’ve got a 30-year loan doesn’t mean you have to spend 30 years paying it off. These tips can help you reach the finish line up to 10 years early. No one wants to spend longer making mortgage payments than they have to. The obvious way to pay off a mortgage faster is to get a short...
By Donald Payne
(Vision Realty)
Comments 2
How to Prevent Foreclosure in Columbus Ohio – Save the Dream! The state of Ohio has several programs to help with financial assistance, prevention of foreclosure and bankruptcy as well as hope for distressed borrowers. The Save the Dream Ohio foreclosure prevention effort offers financial assista...
By Gabe Sanders, Stuart Florida Real Estate
(the BlueWater Realty team specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 7
Gene Mundt knows about mortgages.  If you are buying a home and are relying on an on-line mortgage calculator to determine your payments, then this article is a must read for you.  It will most likely be inaccurate:   The Reason I Dislike Online Mortgage Calculators      There are real estate and...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
Many people 62+ years old are looking for ways to increase their monthly income possibly through a Reverse Mortgage Tonganoxie can allow them to do that without selling the home they've owned for many years! A Reverse Mortgage is a way to get cash out the equity that you've built up in your home,...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
You'd be surprised how much we have to answer this one question: What the heck is Earnest Money?! So to make things simpler we asked our local home loan expert and mortgage guru Darren Copeland from LeaderOne Financial and the KC Loan Tips YouTube Channel to send us a short video answering this a...
By Bruce Reichstein, VA & FHA Home Loan Expert +26 yrs
(Founder of VALoans.com, FHALoan.com)
Comments 0
A reader asks, "Hi. My wife and I are planning to buy a house. My wife has a stable job for six years as registered nurse and I is currently a homemaker. Both of us has credit score of 720+ and we never missed a single payment in our credit cards and personal loans. What is our chance to be appro...
By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - BRE #01368971)
Comments 0
Interest rates for buying a home on the Palos Verdes Peninsula moved down this week from recent highs.The following are excerpts from the newsletter on interest rates published by HSH Associates :   "Although not significant in terms of cumulative up or down moves, it's fair to say that mortgage ...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
If you have less than perfect credit, you can still purchase a home in the Grand Canyon State. There are many options for borrowers looking to find an Arizona mortgage with bad credit. Learn about the different programs available and how to qualify for each type of loan to make your real estate ...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
If you have a credit score of less than 640, you probably have trouble qualifying for a home in Arizona. If you find this position you want to look into programs that will allow you to qualify for Arizona home Loans with bad credit.     A bad credit score in terms of obtaining a home loan is cla...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
An FHA loan is a home loan backed by the Federal Housing Administration. It is a type of mortgage that allows lower income and bad credit borrowers to obtain home loans. If you are searching for Arizona mortgages for bad credit, and FHA loan may be the perfect option for you.     If you have bad...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 11
As I expected the rates have seen improvements this week and as I called on Monday I expected the FNMA 3.0 to get back over 102 which it has several times today. I expect this strength to continue on for the rest of the week but will likely be tapered for amount of gains. If we can hold over 102...