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, FHA, 203(k), USDA, VA, Jumbo loans)
Comments 1
Weekly Wrap - Your Mortgage Market Update     July 28 - August 1, 2014          Whew!  I'm glad this week is over, at least so far as the rate sheets are concerned.  It figures that during the first week I do a Monday Forecast, we see more craziness than we've seen in the markets for qui...
By David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 74
  So you just got your mortgage and saved some money or moved into your new home, CONGRATULATIONS! What typically happens in the next 1-2 months? A letter arrives talking about Bi-Weekly payments and how you can get out of debt and save tens of thousands in interest and payments by utilizing this...
By Bill Kamboukos
(Strategic Mortgage)
Comments 29
  As we have covered in the past, when it comes to obtaining a new conventional home loan, there are generally three major events that supersede all other items that can effect when you can obtain a new home loan. Those three events are: a foreclosure, a short sale or a bankruptcy. Recently, Fan...
By Chris Freck, TheChrisFreckTeam
(International City Mortgage)
Comments 0
Rural Housing Home Buyer Assistance Ready to Own Your Own Home? Low - Moderate Income Household? Live in a Rural Area? Rural Development May Be Able to Help Check out this special video USDA Rural Housing Loans ♦♦     No Down Payment Required ♦♦     No Pre-determined Purchase Price Limits*  ♦♦   ...
By Richard Woodward, Service Beyond Expectations! Your Texas Lender
(Interlinc Mortgage Services, LLC #205696)
Comments 2
FHA Loans (Federal Housing Administration) are government-backed loans that allow the borrower to have a minimum amount of money to put down on a home. Some people believe that FHA is only for first time homebuyers, or for people who have had credit problems in the past.  Actually, FHA is a great...
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 Mark Taylor Mortgages, 602-361-0707 #MarkTaylor #Awesomerates NMLS#207897
(and for 1st Time Buyers, Move Up Buyers & Investors )
Comments 4
Missed A Mortgage Payment, Now What?     Most people don’t know whether or not a single missed mortgage payment can have serious consequences for their credit score. The good news is that there are things that can be done to mitigate the damage and help anyone who has missed a payment repair thei...
By Chris Thomas
(The Mortgage Experts at America's Mortgage, a Division of Cherry Creek Mortgage Co.)
Comments 141
If a borrower does not have enough money to pay for the required down payment, it is permissible to have a relative give the borrower the money for the down payment. With an FHA loan, the entire down payment amount can come from a relative.  The gift donor must sign a letter stating that the fund...
By Lyn Sims, Schaumburg Homes
(RE/MAX Suburban - Schaumburg IL Real Estate - Northwest Suburbs of Chicago)
Comments 9
Struggling with your mortgage payments?  There are many new plans that can help & lenders are becoming more open to helping homeowners stay in their homes rather than foreclose.  Take the iniative and find out what kind of help is available for you!  In the end, if you do need to sell your ho...
By David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 7
Well as I gave notice to many that there was going to be some volatility this week with a "manipulated" set of data (or at least its interpretation) and with consumer confidence ticking up and a feeling of an improving economy mtg backed securities took a hit over the last two days. Com...
By Dora Griffin, NMLS 6380
(D A Griffin Financial.LLC)
Comments 2
CAN I STILL GET A SUB PRIME MORGAGE LOAN?   Are there still sub prime loans available? Over the last few years the mortgage lending field has changed a lot. Recently the "qualified mortgage" has been analyzed and implemented. The CFPB set new guidelines for a qualified mortgage, ability...
By Jack Tenold, Reverse Mortgage Specialist Washington | Oregon | California - refinance & purchase
(First Priority Financial NMLS 3257 )
Comments 0
Sacramento Seniors: Are mortgage payments keeping you from retiring?  Now, if you enjoy making mortgage payments of several hundred dollars a month, please don't stop making them. But if you don't enjoy making them, why not look at a financial strategy to postpone that obligation?  You ar...
By Gene Mundt, Mortgage Lender - Chicago/Chicagoland Mortgages
Comments 7
Here's this week's news, info, and timely articles I thought you'd find of interest and benefit.   Should you have specific topics or questions you'd like covered or addressed in future blasts, please let me know.  Your suggestions and input are always appreciated ...     Mobile ...
By Dana Schimek
Comments 0
    Friday's featured reblog comes from Mark Taylor. #awesomerates     Have you ever wondered what happens if you miss a mortgage payment? What are your next steps to potentially avoid a negative credit remark?    Thank you and enjoy!   Other blogs on real estate market trends, home buying an...
By Frank Dowd, Licensed Title Agent, Associates Land Transfer Co.
Comments 0
If you’re a first time homebuyer, you’ve probably realized that the process isn’t an easy one. To ensure that everything goes well, it’s important to prepare as much as possible beforehand. When it comes to the financial aspect of buying a house, you should know what will be expected of you befo...
By Trey McCallie, Experienced Real Estate Broker
(T/D & Associates Concierge Real Estate)
Comments 0
    The Reason They're Called Benefits   The Veterans Administration guarantees home loans for eligible veterans.  It is considered an attractive loan because the veteran can purchase the home with no down payment up to specific loan limits and no mortgage insurance. This makes the monthly pa...
By David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 3
To all my Realtor and Lender Friends here in AR here is an IMPORTANT update to make note of regarding how FNMA is now viewing Short Sales and the requirements to be eligible for Conventional Financing. The good is the old limit of 7yrs max wait period is now reduced down to 4yrs but the bad news ...
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373)
Comments 41
 Pull your Credit Report - Make Sure it is Accurate     I don't think it is the right timing to buy a home, I think we have a low credit score. Why miss out on interest rates remaining below 5% --- pull your own credit through www.annualcreditreport.com and see where you are at.     This is a...
By John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, FHA, 203(k), USDA, VA, Jumbo loans)
Comments 19
Fannie Mae Guideline Changes - Seasoning on Mortgage in Bankruptcy            In a rare event of loosening guidelines, Fannie Mae has issued guidance on changes that will have a positive impact on people who have had a mortgage included in a bankruptcy.           In the past, if a mortgage was in...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 1
We're always trying to keep an eye on the housing market and wanted to let you know that we heard that homeownership for first time home buyers is at a 19 year low! Today's rising prices and difficult credit requirements kept many first-time buyers out of the property market, but that doe...