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, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 10
Mortgage Loan Denied?  Get a 2nd Opinion!          When you work in the mortgage business for a period of years, no matter who you are, you run into scenarios where borrowers come to you - perfectly fine borrowers,  more than deserving of a loan - that have been denied at some other lender for so...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
There is a lot of information out there about Home Loans, getting a mortgage and home buying tips, but have you seen many banks or mortgage lenders from your area?  What about looking for Home Mortgages Lee's Summit?  What about looking in YOUR locale to find the lender of your choice. A lot ...
By Conrad Allen, Webster, Ma, Realtor
(Re/Max Professional Associates)
Comments 11
That money will last the government 3 seconds.  Why isn't it going to the mortgage holders whose lives were ruined?  These are the people who were forever harmed.  Their kids were forced to leave their home and schools.  The family's life style altered for years. Their hunt to find rental...
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 17
I'm the best lender.  And the worst lender.          Over the years, I've received a lot of compliments on my mortgage business.  Thankfully, they've outnumbered the complaints by a lot.  Since entering the business in 2006, I've made it a point to constantly improve, evolve, adap...
By BILL CHERRY, William S. Cherry & No Co., Wealth Coach
(William S. Cherry & No Co., Wealth Coach)
Comments 3
   An economists' concept and term that everyone should be aware of and understand, at least by definition, is known as Broken Math. Broken Math refers to the fact that the US national debt has well surpassed the annual Gross Domestic product, resulting in massive deficit spending. That will ...
By Diane Beaumont, USDA,FHA,Jumbo,VA Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 1
During the course of a marriage, it is common for the couple to acquire property together. This is what is referred to as joint or community property. When a couple divorces, it is up to the parties involved to determine what happens to this joint property or let a judge use applicable law to det...
By John Elwell
(CENTURY 21 Bill Nye Realty, Inc.)
Comments 0
Today, 8/21/2014,  Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.10% down a tad from 4.12% last week. The average interest rate for 15 year fixed-rate mortgages was 3.23%, down a little from 3.24% last week. A year ago the 30 year rate was 4.58...
By Bill Burchard, Broker, Realtor - Murrieta Homes For Sale, Califor
(3B Realty: 951-347-3818, CA)
Comments 1
Fixed Mortgage Rates Avg. 4.10% (30-Yr), 3.23% (15-Yr) for Week Ending 8/21/2014. 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 av...
By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
Comments 0
Terez B. Harris spreads awareness of available Mortgage Assistance through Jefferson Parish.     There is Mortgage Assistance available in Jefferson Parish!     You DO NOT need to be a First Time Home Buyer!       3% and 4% Assistance based on Current Market Rate.       Income Limits: $69,345   ...
By Lynn B. Friedman, REALTOR ATL BuckheadMidtownWestside 404.939.2727
(- - - Concierge Real Estate Services for YOU - - - Providing SERVICE for Sellers & Buyers is our BUSINESS)
Comments 5
Bank of America Reaches $16.65 Billion Settlement in Mortgage Probe     (Vulture)   Yes, that sounds like a lot of money - but is it an accurate amount? BofA has written off or sold many of the loans included in the settlement. In addition, "Soft Dollars" - that is, amounts booked as re...
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 Dennis Dahlberg
(Level 4 Funding )
Comments 0
Tips for Getting a Hard Money Lender Arizona     If you are looking for a hard money lender Arizona or a Arizona private money lender  then you probably understand that these kind of Arizona hard money loans are the best kind of loans you can get. You are able to bypass the traditional loans from...
By Chris Thomas
(The Mortgage Experts at America's Mortgage, a Division of Cherry Creek Mortgage Co.)
Comments 145
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 John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 8
Fannie Mae post-shortsale guidelines changing          With the updated release of Desktop Underwriter (DU)  to version 9.1, Fannie Mae has implemented some changes to  the automated underwriting system, which should be followed by changes to their selling guide, and therefore the guidelines of e...
By Phyllis Owens, Phyllis Owens, RE Services & Consulting
Comments 0
I participated in an ActiveRain Webinar just now on how to incorporate renovations with a purchase loan.  I had heard of the 203K loan program before but this webinar really provided so much more of the details on how the process works and with whom it will work.  PrimeLending.com was the present...
By Julie Tuggle
(Carolina Buyer's Agent)
Comments 0
Here's some great news for Charlotte home buyers who have postponed or even given up on the home of their dreams. FICO ( Fair Isaac Corporation), the company that analyzes and scores consumers' ability to manage debt, is revising its credit scoring sysem. The goal is to make consumer cre...
By Chris and Maria Jeantet, Redding CA Real Estate Couple
(Coldwell Banker C&C Properties)
Comments 2
It's Easy to forget to put money into an emergency fund until circumstances make one essential. Below is a list of the most common situations where having an emergency fund may prevent financial stress and keep you from going into debt.   You or your spouse loses a job. A job loss can happen ...
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 26
  What is "Fannie direct" (and why your lender should be)        It's hard to keep up with all of the mortgage industry jargon, especially when one phrase can mean so many different things.  The latest phrase I've gotten many questions on is the"Fannie direct" loan opt...
By Dee Toohey, Broker, ABR, AHWD, CIPS, FMS, ePro
(Innovative Realty Solutions Group)
Comments 5
Some of us have enjoyed using USDA financing for our buyers but the availability of properties eligible for this program is changing based on the latest census.  USDA mortages accepted before October 1, 2014 fall under the old map.  Afterwards, the new map will be in place unless Congress takes a...
By Bill Zumwalt, Tax Coach, CPA
(William T. Zumwalt CPA, CTC "The Tax Coach for REALTORS")
Comments 2
America's biggest companies fight like tigers for surprisingly tiny advantages. Grabbing as little as a single extra percent of market share can mean millions in new revenue, especially in popular categories like soft drinks or laundry detergent.   The same is true when it comes to taxes. A c...