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 Jon Kolsky, REALTOR® Long Beach, CA
(Kolsky Group/Spellens Realty)
Comments 26
  Buying a Home & Securing a Mortgage   For most Americans, buying a home is an expensive proposition that pays off overtime, and obtaining a mortgage can be a little stressful.   The good news is for home buyers, with some research and a little planning you can take a bite out of worrying becaus...
By Jeff Pearl
(RE/MAX Distinctive / LIC in VA)
Comments 14
 Sometimes a buyer seems a little hesitant to talk about there mortgage pre-approval situation when I first start working with them. After all, we just met by phone or in person, and they could still be shopping for an agent. I will initially start showing them properties, but during that process...
By Bill Irwin, "Where Luxury Living Meets Luxury Hospitality"
Comments 1
So a couple of weeks ago, I wrote a short blog about Mike Hendrickson, Loan Officer with EverBank, here in Jacksonville, FL and what a great job he does for agents and buyers.  Well, here is another example of the service Mike and EverBank provide and it is called "The Purchase Express". The Ever...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
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 Chris Freck, TheChrisFreckTeam
(International City Mortgage)
Comments 0
Rural Housing Home Buyer Assistance Ready to Own Your Own Home? Low to 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 Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sales
(Coldwell Banker Residential Brokerage/Coldwell Banker Commercial NRT)
Comments 0
We all use this term "Pre-Approved" But some Mortgage people use it with out actually doing the work that should go into a "Pre-Approval" Read Below to get a good insite into this!!! What's the most over-used term in the land of real estate sales?? PRE-APPROVED!!!What's the term most used by home...
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
Comments 12
What's the most over-used term in the land of real estate sales?? PRE-APPROVED!!!What's the term most used by home buyers in real estate transactions?I UNDERSTAND!!! Shucks.  If a home buyer can be Pre-Approved, why not issue a LOAN COMMITTMENT letter??? That would at least identify the price of ...
By Wayne Johnson, San Antonio REALTOR, San Antonio Homes For Sale
(Coldwell Banker D'Ann Harper REALTORS®)
Comments 34
Some People Believe History Only Goes Back to the Day They Were Born Maybe that's a slight overstatement, but not by much. I saw a headline today, "Mortgage Applications Fall as Interest Rates Pick Up". Fixed interest rates for a thirty-year loan average went from 4.50 percent in January to 4.56 ...
By Valorie L. Ford, Valorie Ford & Co, Charlottesville/Albemarle Real
(Keller Williams Realty)
Comments 0
One of the great benefits of owning your own home is the ability to save money by refinancing your home loan. Like many things in life timing is a critical component. There are many factors you need to consider before you can be sure that now is the right time.     Refinancing might be a good id...
By Lisa Von Domek, ....Experience Isn't Expensive.... It's Priceless!
(Lisa Von Domek & Associates LLC, Real Estate Broker/Associate with Real Living Real Estate Group www.LisaVon.com)
Comments 26
Dum-De-Dum-Dum....the tax filing deadline draws near! Are You Ready To File Your Tax Return?   Hot off of the IRS website, here is some of the information you need for Filing Your Taxes Last year, nearly 120 million taxpayers opted for the safest, fastest and easiest way to submit their individua...
By David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 5
  While many make claims of all products to all borrowers ,or others like ourselves that allow for underwriting and common sense beyond simply a credit score, the bottom line is NO ONE Lender truly is a one size fits ALL shop. If you believe you qualify for a loan and would make a loan to someone...
By Wayne Johnson, San Antonio REALTOR, San Antonio Homes For Sale
(Coldwell Banker D'Ann Harper REALTORS®)
Comments 12
Take a look at Randy Mitchelson's newsletter regarding credit issues. Randy is in Naples, FL and provides some interesting information on credit, and mortgage information. Check back in his archives for other areas in which he provides information. In order to get homes sold in most cases, one mu...
By David Kosmecki
(Mortgages Unlimited)
Comments 0
Paying your income taxes each year leave your wallet a bit thin? There may be money hiding in your home that lessens your tax burden. Here are four places to look: 1. Home-Office Deduction: If you work from home, you could qualify for a home-office deduction. Taking the deduction can be a bit com...
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 Rob Spinosa, Marin Mortgage Broker
(RPM Mortgage, Marin County, CA)
Comments 0
I Have Impressive ARMs   Actually, I don't have impressive arms and never have.  While we're on the topic of needles, no amount of iron or swimming has ever "moved the needle" in terms of adding circumference to my puny pop guns.  But...   RPM is pleased to add its newest jumbo program in the for...
By Whitney Watson
Comments 1
Are you a fan of Property Brothers on HGTV?  They’re the guys who help homebuyers turn dilapidated houses into dream homes.  Well, it’s probably the only show my husband and I agree on, so we watch a lot of it.  (He’s not so into The Bachelor, and I’m not so into WWE.) Until I became a loan offic...
By Whitney Watson
Comments 0
There are so many changes going on right now in the mortgage industry.  Back in August I wrote about Fannie Mae’s HomePath program which offers special financing for purchasers of eligible Fannie Mae REO properties.  Guess what?  The guidelines for this program have now changed.  At the time of m...
By Wandanna Melliphant, A Name Real Estate Investors Trust and Recommend
(Royal Lepage Credit Valley Real Estate Brokerage)
Comments 4
Free Video On How To Qualify For A Mortgage In Canada   Are you thinking about purchasing a home or condo in the next few months? Preparation is key to purchasing a home and could make the difference between a smooth transaction or one that is filled with challenges and obstacles. If you would li...
By Chris Thomas
(The Mortgage Experts at America's Mortgage)
Comments 7
I cringe when I read some posts on Active Rain because some of the advice is just plain wrong.  Making it worse is the almost universal agreement by the people who comment on the posts: "Great advice" is the usual comment.  Folks, check the facts before posting.  It seems that many of us are in s...
By Rick Cignoli, Sr. Mortgage Broker
(Right Trac Financial Group)
Comments 2
Can You Believe It! The CFPB does something right!For years now, FHA has assessed a “Pre-Payment Penalty” on homeowners who pay-off their FHA Mortgage early. They don’t call it that, but that’s what it is! Here’s how it works: No matter what date in a month a FHA mortgage is paid off via sale or...