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 Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 2
Being an active military member can leave you wondering how long you’re going to be stationed at your current or upcoming location. The decision is often Purchasing a Home vs. Military Housing and with PCS season approaching, this may be the topic of discussion in your family this summer. Because...
By Bruce Brown, Branch Manager/Senior Loan Officer/CMPS
(PrimeLending)
Comments 0
Below is the daily mortgage market and interest rate commentary from Bruce Brown of PrimeLending and host of Dollars and Homes on KCMO Talk Radio 710 in Kansas City.To view my daily blog please visit my website at www.dollarsandhomes.com/blog. 
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 5
Well the market never ceases to amaze.Job reports show higher then expected initial claims as well as continued claims and yet there is no rally to bonds... (yet)??I do expect pricing to improve some, especially based on this data but for now the market is holding tight to its cautious approach f...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 1
With news of softer than expected GDP combined to the weakness of jobs with higher than anticipated new claims and continuing claims (unemployment) I expect the FNMA 3.0 will end the day back above 101.5, which it has not been at in over 2 weeks!How long will this rally last?Who knows the market ...
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 46
Can I pay off debts to qualify for a mortgage?      This question comes up a lot, and like many other questions regarding mortgage financing it has a very simple answer - yes, no, and maybe.     Fact is, you can pay off some debts to help qualify for a mortgage loan, but some debts will not be al...
By Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents, Put 40 years of experience to work for you
(Lyon Real Estate)
Comments 70
One of the things I will never do is drag up an instance in which I suggested a client do one thing and a client chose to do some other thing. Because it's always their choice to make these decisions. Do I feel as though I have failed them somehow if they choose badly and it comes back to bite? Y...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 4
We took some time and created this amazing infographic to discuss the 4 Mistakes Home Buyers Make most often, and some bried explanations of each one.  If you'd like to avoid  the 4 Mistakes Home Buyers Make then give us a call or get pre-approved online with us!
By Shawn Sidhu
(C2 Financial Corporation)
Comments 0
Approximately 10,000 Americans go into retirement on a given day. You would be able to utilize equity in your home to live comfortably in your golden years along with covering medical expenses etc. Here are some key benefits. No monthly mortgage payments are required. You are able to live in the ...
By Jennifer Provencio, The Reverse Mortgage Speciailist
(Open Mortgage, LLC)
Comments 0
Any time that we are going to take an application for a Reverse Mortgage, wether you live in Visalia, Fresno, or anywhere else in California, there are certain documents that we will need in order to process your loan. Some of the documents verify who you say you are, while others verify the inco...
By Bruce Brown, Branch Manager/Senior Loan Officer/CMPS
(PrimeLending)
Comments 0
Below is the daily mortgage market and interest rate commentary from Bruce Brown of PrimeLending and host of Dollars and Homes on KCMO Talk Radio 710 in Kansas City.To view my daily blog please visit my website at www.dollarsandhomes.com/blog. 
By John Elwell
(CENTURY 21 Bill Nye Realty, Inc.)
Comments 0
Today, 5/28/2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.87%up from 3.84% last week. The average interest rate for 15 year fixed-rate mortgages was 3.11%, up from 3.05% last week. A year ago the 30 year rate was 4.12%.Freddie Mac's spoke...
By Bill Burchard, Broker, Realtor - Murrieta Homes For Sale, Califor
(3B Realty: 951-347-3818, CA)
Comments 0
Fixed Mortgage Rates Avg. 3.87% (30-Yr), 3.11% (15-Yr) for Week Ending 5/28/2015. 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...
By Jennifer Provencio, The Reverse Mortgage Speciailist
(Open Mortgage, LLC)
Comments 4
This week I received a call from a very frustrated woman who was trying to help her elderly sister and brother-in-law understand the reverse mortgage that is currently on their home. Irene, the woman who called, was at her wits end. She has been working with her sister, the estate planning attorn...
By Jennifer Provencio, The Reverse Mortgage Speciailist
(Open Mortgage, LLC)
Comments 0
Prior to April 27, 2015, seniors were not required to income qualify for a reverse mortgage.  All they had to do was make sure there was enough equity in the home to qualify. However, as of April 27, 2015, we can no longer just look at the home and order an appraisal. Seniors now have to qualify ...
By Melanie Cameron, The Cameron Team
(Coldwell Banker Sea Coast Advantage)
Comments 0
If you are securing financing for buying a home, you should know what Private Mortgage Insurance is. Melanie Cameron of The Cameron Team explains what it is and what you should know about PMI before choosing a loan package.  Melanie CameronBroker/REALTOR®(910) 202-2546Email Melanie
By Jennifer Provencio, The Reverse Mortgage Speciailist
(Open Mortgage, LLC)
Comments 0
My lender told me there is a seven day cooling off period before my appraisal can be ordered. What is that about? This is a very interesting question! Basically what our law makers want to do is give seniors a little more time to decide if a reverse mortgage is right for them after they have had ...
By Jennifer Provencio, The Reverse Mortgage Speciailist
(Open Mortgage, LLC)
Comments 0
Each and every week, I receive calls from people who want to know if the reverse mortgage can actually help them.  Some, because of major medical issues, have used up their retirement and are living on their Social Security alone.  They call out of desperation as they need to make ends meet and a...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 2
Are VA Loan-Financed Homes Harder to Sell?Active military members and military families are often facing relocations. Due to this, its often asked if having a VA loan limits the ability or right to sell their home.The assumption is that having a VA home loan imposes special conditions which lock ...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 7
Well in a never ending battle the data, and even in this case the Fed Chairs Speech,  supports one action yet the market is in reverse?I always say time will cure this irrational behavior but the equities market is almost on an insatiable goal to crack 20k on the DOW and will do any and everythin...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 2
VA loans offer HUGE benefits to to our military and veterans, but you still need a 620 credit score, so here are 4 Simple Ways to Boost Your Credit Score. While we can point you in the right direction for credit restoration services if you're in really bad shape, we also thought we'd give you a f...