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 David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 13
 With so many markets for Real Estate being in a strong seller’s market right now, I wanted to share some tips we have used successfully, when in a competitive bid/offer, to give our buyers a better chance of getting their bid accepted. Any or all of the following can be used to help ensure you (...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
If you're considering buying a home our FHA Home Loans Maryland Heights are great for first time homebuyers or even for folks who don't have a lot of money for a down payment.   Whether you're a first time home buyer or you're just looking to purchase a new home the FHA Mortgage loan is a great o...
By Stieg Strand, Realtor & Social Media Sage
(RE/MAX Results)
Comments 1
In the land flowing of homeownership opportunity, there are some things, some very real things that need to be put into the equation when it comes to owning a home. Now, it is true that having a place of your own of ANY kind increases your expenses from living with roommates, etc...  What I am ta...
By Bruce Brown, Senior Loan Officer/CMPS
Comments 0
Below is the daily mortgage market and interest rate commentary from Bruce Brown of PrimeLending and host of Dollars and Homes on KCMO Talk Radio 710 in Kansas City.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 3
We'll discuss the differences between a mortgage broker & mortgage banker
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 1
Tomorrow...While no one can predict with absolute certainty I am 99.99% confident that the market will improve for rates. With the closing on Friday and the aftermath of the weekend I am almost positive that we will see some gains. Does that mean its a lock... NO but if data holds up (and in any ...
By Shawn Sidhu
(C2 Financial Corporation)
Comments 0
A VA IRRRL is a Veterans Administration Interest Rate Reduction Loan program. Many VA homeowners who have purchased their home within the past year could benefit from a lower interest rate. This is also known as a Streamline refinance program in which it requires limited documentation in terms of...
By Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 0
This week I had a borrower that needed more cash for a real estate transaction, so he decided to sell his boat.Here’s how to structure the sale of an asset for a mortgage…You must create a bill of sale reflecting the date of sale, asset to be sold, and the sales price.The buyer’s and seller’s sig...
By Rob Denny, "Dream Home Specialist"
(Allison James Estates & Homes)
Comments 0
It should be one of the first factors you look at when you begin planning to buy a Carlsbad house, because unless you are in the rare position of being able to make an all-cash purchase, sooner or later your credit score will become a prominent factor. There was an important get-together in Washi...
By Gretchen Conley, Howard County MD Real Estate
(Long & Foster Real Estate, Inc.)
Comments 0
Two recently released reports reveal that the American public is starting to feel much better about the U.S. economy. The University of Michigan’s Surveys of Consumers showed that: “Consumer optimism reached the highest level in the past decade in the January 2015 survey…Consumers judged prospec...
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 2
The Fastest Way to Raise Credit Scores       Whether it's fair or not, when it comes to buying a house and planning out your financial future, there is one thing that will make everything else either much easier, or far more of a challenge: a FICO score.  With a high FICO score (above 740), apply...
By Richard Woodward NMLS#217454, Service Beyond Expectations! Your Texas Lender
(Interlinc Mortgage Services, LLC #205696)
Comments 0
Conventional 3% down payment program. Are you looking for a low down payment mortgage?  Do you want to put less than 3.5% down as required by FHA?  With our conventional 3% down and My Community home loans you can buy your dream home with very little down payment. Conventional 97 is a program of...
(Solutions Real Estate)
Comments 2
In  2013, the Consumer Financial Protection Bureau (CFPB) issued a rule requiring easier-to-use mortgage disclosure forms which clearly state the terms of the homebuyer’s mortgage.  The effective date for use of the new forms will be for loans originated on or after August 1, 2015. The new “Know ...
By Tg Glazer - The Right Realtor® for the Right Results!, Westfield/Cranford, NJ area
(Coldwell Banker, Westfield, NJ)
Comments 1
Foreclosure Education Forum To Be Held In Union County Next WeekOn Thursday, April 23rd, the Union County Human Relations Commission and the Union County Foreclosure Task Force will be holding an educational forum in cooperation with the New Jersey Public Defender's Office and the Union County Su...
By Bruce Reichstein, VA & FHA Home Loan Expert +26 yrs
(Founder of VALoans.com, FHALoan.com)
Comments 1
A reader asks, "I was prequalified for an FHA loan and during escrow, my agent said I made too much money to be eligible for the loan. Does that make sense?"The simple answer to this question is no, the notion that a borrower makes too much money to qualify for an FHA mortgage loan does not make ...
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
Comments 5
All VA Lenders Are Not All Created Equal Either.Lenders with VA approval is certainly helpful.   When we have a home buyer with a VA Certificate of Eligibility, we know they are ready to buy.  The VA Certificate of Eligibility is like having a credit card to buy a home.However, it is also very he...
By Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, 708.921.6331 - 37 yrs experience
(NMLS #216987)
Comments 12
 All Loan Officers are NOT Created Equal    Great Discrepancies Exist        A post written by fellow-lender, Joe Petrowsky, inspired me today ...          In Joe's post, he spoke of a client he was able to assist in saving some pretty hefty dollars.  How did he do this?      He suggested they ut...
By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 2
By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 85
Will lenders consider your social media presence?   A communication from a mortgage lender predicts that bankers and mortgage lenders will be looking at the social media presence of applicants as well as their spending and credit history. What shows on Facebook and Twitter accounts could help det...
By Stacye Beaver
(PrimeLending, A Plains Capital Company)
Comments 18
Just a few tidbits on selecting a mortgage loan officer for your purchase or refinance:1.  Don't call your bank JUST because your bank account is there.  They are not allowed to give you a better rate or closing costs over an applicant who doesn't bank with them.2.  Don't select a lender JUST bec...