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 Cheryl Powell, The Powell Team- Helping YOU make the right move!
(RE/MAX Executive Realty - The Powell Team)
Comments 28
Have you had a Bankruptcy, Foreclosure, Short Sale or Deed in Lieu of Foreclosure and are wondering how long you have to wait before you can obtain a new home loan?  Here are the guidelines as of Februrary 2011, which I verified with a loan officer friend.  Of course, every rule is made to be bro...
By Gene Mundt, Chicagoland Mortgage Lender - 37 yrs experience
(www.genemundt.com - 708.921.6331)
Comments 35
  Don't Assume You Know the Outcome of a Mortgage Consultation You've Never Had           As often happens, another's writings motivate me to write a post of my own.  That was the case with a post written by fellow-lender (CT) and ActiveRain member, Joe Petrowsky.  Joe's recent post entitled, "Go...
By Bill Kamboukos
(Strategic Mortgage)
Comments 44
  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 Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
Buying a home in Kansas City, KS is a very rewarding experience that comes with a lot of excitement, stress and some fear. Many questions come to mind when making one of the largest investments of a lifetime. It is difficult to know if you are getting the best deal, but we'd like to help you und...
By Pamela Seley, REALTOR®, Menifee Lakes California Real Estate 951.491.4063
(REALTY EXECUTIVES OTF)
Comments 14
Making Costly Mistakes in Real Estate Anyone who’s made a mistake in real estate knows first-hand it’s costly. A dream can quickly turn into a nightmare. Taking the advice of family and friends who appear to be in the know but are not experienced, seasoned professionals could cost you in money, t...
By Evelyn Santiago, Managing Broker, We Are Passionate About Real Estate
(Heart Realty Group, Inc..)
Comments 1
Like most large corporations, reputation is important so the latest position is a social media director/manager or a similar title.  I imagine the responsibilities would include monitoring the internet for any mentions of the company and possible adverse comments about its process and procedures....
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 43
You Don't Want to Know the Closing Costs          It's true.  You DON'T want to know the closing costs.  You want to know exactly  what a mortgage is going to cost you.  When comparison shopping amongst different lenders, it can be very difficult to compare apples to apples.  Sometimes closing co...
By David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 13
I have to write this to ensure people know what they are doing when dealing with Rent to Own or Lease Options and trying to get permanent financing... There is, just now, starting to emerge a semblance, albeit very minimal in footprint, for loans that are NOT federally funded. Federally funded lo...
By Donald Horne, Associate Broker, Oxford / Lapeer Homes
(Coldwell Banker-Shooltz Realty)
Comments 0
Falling rates spur loan demand in latest week ... RealtorMag article from 09/03/2014 discusses the rise in mortgage applications last week as the 30 year fixed rate sinks ...... Mortgage applications were on the rise last week as the 30-year fixed-rate mortgage sank to its lowest level of the yea...
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
Monday Market Forecast - September 8-12, 2014          Football's here, only a few more days until retailers get the HalloChristGiving decorations in the stores, and as we try to hang on to what's left of summer, stores will do their best to convince us we need to start buying for winter.  Ahh t...
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 2
Sometimes, we jump to conclusion without exploring and exercising all the options - assuming that few things just can't be done. True? Think again. Here's a great 'suggestion' from Gene Mundt    Don't Assume You Know the Outcome of a Mortgage Consultation You've Never Had           As often happe...
By Jan Green, RE/MAX Excalibur Scottsdale REALTOR®, GREEN
(Scottsdale, Phoenix, Cave Creek, Carefree, Fountain Hills)
Comments 5
UPDATE to FHA & Insuring Homes with Leased Solar Panels  - Recently I wrote a blog stemming from FHA not Insuring Homes with Leased Solar Panels.  Having great connections really pays off as our office was probably first in the city to be notified.  The initial blog stated that FHA would not Insu...
By Susan Haughton, Cheerfully Helping You Buy or Sell in Alexandria
(Long & Foster REALTORS (703) 470-4545)
Comments 4
Truer words were never spoken!  I cannot count how many times I have had the conversation with prospects about their friends/cousins/neighbors/co workers experience in buying or selling a house, as well as qualifying for a mortgage. As the car advertisements all say, "your mileage will vary depen...
By Bruce Reichstein, VA Home Loan Expert +26 yrs - www.VALoans.com
(VALoans.com - Mortgage Banker - RE Agent Trusted Lender)
Comments 0
A reader asks, "I want to know why the VA does not recognize my 2 years of stand by as part of my military obligation. I did 4 year's National Guard and 2 years of stand by and I was turned down for a VA loan due to not enough time in service. When I was in the Guard they told me I would be eligi...
By Tom Gilliam, Tom Gilliam
(Re/Max Classic)
Comments 4
There are many ways to reduce the amount of money you send each month to your mortgage company. You just have to know where to cut the fat. Check out these seven money-diet tips to discover how you can slim down your monthly mortgage payment. 1. Refinance to a lower interest rate. Even a half-per...
By Matthew Royer, NMLS # 366970
(Homes Mortgage )
Comments 1
Good Morning,   I was looking back through past Market Update’s this morning to determine the last time we saw interest rates higher than our current climate.    Are you ready for this?  July 2nd.  Outside of small ups and downs from day to day, mortgage interest rates have essentially held at th...
By Keith Landis, Pennsylvania Mortgages
(NMLS#137243 Keystone Home Finance, Pittsburgh PA)
Comments 0
Looking to purchase a home in Westmoreland County, Pennsylvania? You might want to make a quick check to see if you and the property are eligible for a USDA Mortgage, also known as a USDA Rural Development Loan.  Here's Why...  USDA home loans offer a few benefits that other mortgage programs can...
By Paddy Deighan JD PhD, Paddy Deighan J.D. Ph.D
(Aston McLaren Inc)
Comments 49
Say hello to the next mortgage related financial crisis - if this new bill passses and is signed into law. This is brought to you courtesy of a new bill proposed this week: H.R. 5148:   Access to Affordable Mortgages Act.   Ordinarily whenever an individual wants to borrow money for a mortgage, t...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
Buying a home in Kansas City is a very rewarding experience that comes with a lot of excitement, stress and some fear. Many questions come to mind when making one of the largest investments of a lifetime. It is difficult to know if you are getting the best deal, but we'd like to help you understa...
By Jamie Lynne, usamortgageresource
(www.bartprequalifies.com)
Comments 0
STATED loans are now available in New Jersey on owner occupied, second homes and investment properties. Call 702 562 7915 or visit www.bartprequalifies.com today to start and application!   We offer STATED LOANS AKA light doc, bank statement loans, self - employed loan, or low doc loans in every ...