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 Debbie Laity, Your Real Estate Resource for Delta County, CO
(Cedaredge Land Company)
Comments 9
The CO Foreclosure Hotline has Solutions for Homeowners in Trouble. This is a free service offered to Colorado residents. The hotline started in October of 2006 and since then it has received over 165,000 calls. It has the amazing track record of helping four out of five homeowners reach a positi...
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 0
Weekly Wrap - Your Mortgage Market Update   July 7-11, 2014          These reports will start going out each Friday to discuss market movements & trends throughout each week, but I'm starting this one off on a Sunday to discuss what happened in the mortgage market over the previous week. ...
By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 10
According to a number of Wells Fargo Home Mortgage originators, Wells Fargo will now allow an FHA borrower to get a mortgage with a credit score of less than 600. In exchange for a larger down payment and a lower overall debt load (lower Debt-To-Income ratios), Wells Fargo Home Mortgage currently...
By Jimmy Van Smith, Mortgage Loan Consultant
Comments 1
Take the guesswork out of getting a loan to buy a home.  Before shopping for a home, pick a loan representative to review your financial situation and complete a pre-qualification. Who you pick will determine the amount of worrying and guessing you'll have to do. Here are three basic question...
By Nina Hollander, Your Charlotte/Waxhaw/Fort Mill Area Realtor
(RE/MAX Executive Realty/Charlotte, NC)
Comments 0
How Much Money Do You Really Need For A Down Payment?   "How much money do I need for a down payment to buy this home?" That's a question I get asked a lot, especially by people who call in off of a yard sign and who aren't actively working with a real estate agent, but are inte...
By Phil Caulfield, Mortgage Lender - San Francisco Bay Area
(Opes Advisors)
Comments 0
Connecticut mortgage lender Rick Cignoli has written an excellent article about the credit score. Many consumers are unaware of the factors that affect their FICO score.  Rick explains the different factors and approximately how much rach factor  is weighted in the overall score. It is important ...
By Rick Cignoli, Sr. Mortgage Broker
(Right Trac Financial Group)
Comments 4
Your Credit Score is the most obvious factor in your ability to getting your Mortgage Application approved. The higher your score, typically the less risk you pose to lenders and the lower your mortgage interest rate. So how is your credit score determined? And how can you improve it? Your Credit...
By Heidi Hovatter - Sonora & Twain Harte, Heidi The Home Hunter
(Century 21 Wildwood - Selling Homes and Cabins in Tuolumne County)
Comments 2
  Are you pre-approved for your home purchase? If not, you need to be, and no, it won’t affect your credit rating. In today’s real estate market, serious buyers know that the home buying process cannot begin in earnest until they are pre-approved, not pre-qualified for a mortgage. Pre-qualificat...
By Andrew Mooers, Northern Maine Real Estate-Aroostook County Broker
Comments 11
Owner financing Maine land. Because small easy payments fly by. As you check off the monthly installments on a Maine land contract. And it frees up money when the owner takes back a first mortgage on the property listing, the Maine land. So you can drill a well, put in a septic or add power to th...
By John Wiley, Your Cape Coral, FL Real Estate Agent, REDS,SFR
(Platinum Elite Realty)
Comments 10
Many consumers who start thinking about becoming a home owner often do not have a realistic view of their credit position. Some think they can fool a lender and just tell them they have good credit, which never works. Others know they have weak credit but are serious about making it better. Here ...
By Pat Haddad, Carmel IN Real Estate Expert
(Keller Williams Indianapolis Metro NE)
Comments 6
John Meussner could not have posted this at a better time!  One of my best past clients just sent me an e-mail asking me to help one of her employees find a rental home because he is not a US Citizen and so cannot buy a home.  I told her she was misinformed, but this blog post does a great job of...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
While you're out there for searching for a new house it is necessary to notice that there are lots of qualifictions for getting a house loan that you will have to satisfy, As we speak we'd like to discuss Lee's Summit Mortgage Loan Qualifications.Getting Pre-approved.This is step one ...
By Ephrem Jando
(RE/MAX Solutions)
Comments 0
Home In 5 Program, A Government Grant! Wait, I get paid to buy a home? That is right Arizona! This is a government grant that GIVES buyers 5% assistance towards the down-payment and closing costs of their new home in Maricopa County. This Government grant has been flying under the radar for a wh...
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 Dee Toohey, Broker, ABR, AHWD, CIPS, FMS, ePro
(Innovative Realty Solutions Group)
Comments 0
                         Average U.S. 30-year mortgage rate rises to 4.15%   Mortgage Rate Trend Index This week, 20% of the industry experts polled by Bankrate.com believe mortgage rates will rise over the next week or so; no one thinks rates will fall; and 80% believe rates will remain relative...
By Whitney Watson
(First Home Mortgage)
Comments 4
My favorite thing about working for First Home Mortgage in Richmond, VA, is the team with whom I work.  We have a dedicated staff of underwriters and product support specialists available to research ways to assist clients with their outside-of-the-box lending needs.  When tough scenarios come up...
By Bruce Brown, Senior Loan Officer/CMPS
Comments 1
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 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
Willow Glen, CA Mortgage          Willow Glen, CA is a neighborhood in San Jose known for it's tree lined streets, beautiful architecture, and great variety in shopping & dining in the downtown area.  When buying a home inWillow Glen , buyers have many options for mortgage financing, so ...
By Sheila Moylan, Working To Get Value For Your Money
(C21 - Commonwealth)
Comments 2
Whatever You Do – Don’t Make These Common Mortgage Mistakes Are you applying for a mortgage on your Norfolk County home in MA? Keep in mind that a mortgage is a major financial decision and choosing one will have a significant impact on the rest of your life. Many people go into this decision wit...
By Jimmy Van Smith, Mortgage Loan Consultant
Comments 5
How much money will I need to buy that $200,000 home in Dallas? Bottom line please! There are three categories of monies out of your pocket that you will pay for at closing. Those categories are:   1. Down-payment for a conventional loan is 5%, which is $10,000. The down-payment could be anywhere...