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 Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, 708.921.6331 - 37 yrs experience
(NMLS #216987)
Comments 64
   Why Are the Most Recent 2 Years of Your Life Important in Financing?      It's definitely true.  Much has changed in the Mortgage Industry and the financing of homes in a very short time.       But one thing has not changed.  That is the importance placed by Mortgage Lenders and their Underwri...
By Nick T Pappas, Madison & Huntsville Alabama Real Estate Resource
(Assoc. Broker/Broker ABR, SFR, e-Pro, @Homes Realty Group, Huntsville AL)
Comments 5
VA Funding Fees Things You Should Know What and why is there a VA Funding Fee?  Simply put, the VA Funding Fee helps to defer or offset administration costs of a VA loan, further insuring 100% financing and 0% monthly mortgage insurance. In some cases the Funding Fee is waived depending on a Vete...
By Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent
(Prudential PenFed Realty, "The Real Debbie Reynolds" Your Clarksville Real Estate Professional, 931-920-6730)
Comments 0
In Clarksville TN we have a lot of buyers that want to use a VA loan. With the VA loan comes a Funding Fee of 1.25% to 3.3% of the loan amount. Below in Nick Pappas's post you will learn who is exempt from paying this fee. Thanks Nick for a very informative post.  When you are ready to buy a home...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 4
As I called earlier this week the market is still not poised to "take off" quite yet. Here is the data driving the rebound to the bond market and putting us back at the top of the current trading window... CPI in September rose +0.1% following a -0.2% dip in August, and for October there was no ...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
You’ve probably seen the commercials on TV with former celebrities talking about Reverse Mortgages, and you're wondering if a Reverse Mortgage Gladstone is really a good thing.  The answer is for some people a reverse mortgage just makes sense.  If you'd like more information about the Reverse Mo...
By Jason Nenadov, Real Estate Broker, buyer or seller representation
(listing agent, luxury homes, investment property, buyer representation)
Comments 0
Will Investment Property Cash Flow Enough for a Non-Recourse IRA loan? Due to the simple fact that IRA loans cannot be tied to an individual directly, the bank granting the loan will scrutinize the property to make sure that they won't lose money by giving a loan on the property.  This is basica...
By Judi K Barrett, Broker/Owner, Integrity Real Estate Services -IDAB
(Judi Barrett~Integrity Real Estate Services~Idabel, Oklahoma)
Comments 1
USDA Guaranteed Loans Hugo OK 74743 Choctaw County    The USDA Guaranteed Loan Program is an excellent loan program that can be made for more than 100% of the purchase price of a home.   In addition to loaning the borrower 100% of the purchase price but not more than 100% of the appraised value P...
By Doug Jones, Mortgage Broker - NMLS 286668
(Mortgage Magic)
Comments 0
These points all come from Fannie Mae's Considering a Reverse Mortgage? booklet and can be found in its entirety here https://www.ireverse.com/files/considering.pdf   It is short read and covers these points.     What is a Reverse Mortgage? The Benefits of a Reverse Mortgage How to Play it Safe. ...
By Bill Burchard, Broker, Realtor - Murrieta Homes For Sale, Califor
(3B Realty: 951-347-3818, CA)
Comments 0
Fixed Mortgage Rates Avg. 3.99% (30-Yr), 3.17% (15-Yr) for Week Ending 11/20/2014. Just follow the link to view the latest Weekly Mortgage Rate Averages. Every week I report the latest mortgage rate averages as determined by Freddie Mac. I post the latest national averages, as well as the local a...
By Richard Woodward NMLS#217454, Service Beyond Expectations! Your Texas Lender
(Interlinc Mortgage Services, LLC #205696)
Comments 4
Adaptive Housing Grants for Disabled Veterans. We help you buy and make a home fit your needs.The +Richard Woodward  Mortgage Team has years of experience providing Veterans with no money down VA mortgages.  As a direct lender with complete control of the loan process we can make the mortgage pro...
By Pamela Seley, REALTOR®, Seals the Deals in Temecula Valley California
(REALTY EXECUTIVES OTF)
Comments 15
Close the Door to Cyber Hackers I’ve had some very suspicious things (for lack of a better word) going on lately with my computer, my blackberry and google. I didn’t grow up with my hands on a keyboard, so the last several years for me have been a learning curve when it comes to using and maintai...
By Jamie Lynne, usamortgageresource
(www.bartprequalifies.com)
Comments 0
80% LTV STATED loans are now available in in Alabama for owner occupied, second homes and investment properties. Call 800 315 8803 or visit www.bartprequalifies.com today to start and application!OUR MINIMUM LOAN AMOUNT IS 200K or $200,000.   We offer STATED LOANS AKA light doc, bank statement lo...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 8
As called, the market is in a nice sideways pattern right now and based on the data below I feel it will likely remain close to here with a touch of improvement to price NOT rate. To better understand this, rates move inside of the rate themselves. So for example a 4.25% FNMA 30y fixed rate may ...
By Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 0
If you buy a house with cash, and suddenly need your cash back – can you get a cash out loan right away? Yes! Before 2011 you couldn’t. …you had to wait 6 months after purchase, but now you can. Both Fannie Mae and Freddie Mac have a program that will allow all cash homebuyers to refinance and t...
By Jason Nenadov, Real Estate Broker, buyer or seller representation
(listing agent, luxury homes, investment property, buyer representation)
Comments 0
Using the IRA Non-Recourse Loan to Buy Your Next Investment Property What are the advantages of using the IRA non-recourse loan to buy your next investment Property?  Well I am very glad that you asked this question!  Non-recourse simply means that the lender cannot pursue any of your assets if ...
By Matthew Royer, NMLS # 366970
(Homes Mortgage )
Comments 0
Good Afternoon,   I grew up in a small town, Winnebago MN.  Where the family business, plumbing and heating will be celebrating its 60th year in business come 2015.  For all intents and purposes, I feel Rich. Coming from a family where grocery money was earned from pop can recycling in tougher ti...
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 9
Monday Market Forecast - November 17-21, 2014           For months, volatility was the name of the game.  Then November rolled around, and all went quiet.  The market has been steadily treading water for the past several weeks, seeing the elections come and go, and stock market volatility remain...
By Diane Beaumont, USDA,FHA,Jumbo,VA Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 1
If you're thinking about buying a new home and using a mortgage to help cover some of the purchase costs, it's a good idea to get an initial pre-approval from your lender before putting in an offer. Here are three quick tips to help ensure that your mortgage pre-approval isn't declined.   Demonst...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 9
This week should bring a "possibility" of change to the market but my prediction is not much in either direction. If nothing else the market seems to be smack in the middle of its current trading range and unless very strong data points to something unexpected I dint see a lot of movement this w...
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.