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 Maggie O'Connell, Experienced Reverse Mortgage Professional
(The Federal Savings Bank, Reverse Mortgages)
Comments 0
Reverse Mortgage Financial Assessment is Here!   Reverse Mortgage borrowers will soon be required to prove their "ability and willingness" to meet the FHA Home Equity Conversion Mortgage or HECM financial obligations. The new Financial Assessment (FA) requirements go into place for all FHA case n...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 9
What else but another mixed bag of news to end the week on and why I call for rates to likely remain sideways for a little bit longer. Issues abroad, as well as reduced demand for manufacturing Canada introducing their own stimulus and Russia with a bunch of issues are all making the US bonds lo...
By Michael Dagner, Your Denver Homes Realty Expert
(Brokers Guild Classic)
Comments 3
Do you wonder how some pretty ordinary people amass such fortunes by the time they're retirement age? Many live lives just like yourself, but they do follow some time-tested strategies as suggested by my fellow AR associate Michael Fagan (thanks Michael).   As the New Year begins, the vast majori...
By Robert (Bob) Gilbert, Your Katy TX Real Estate Expert
(Berkshire Hathaway HomeServices Anderson Properties)
Comments 18
Home Buyers Basic Guide to Lending Process   The borrowing process is one of the most important steps in the home buying operation and sets the stage for the entire transaction. Please read this article which explains how to find a lender and how best to prepare for the entire process. One key po...
By Chris Freck, TheChrisFreckTeam
(International City Mortgage)
Comments 1
VA Mortgage Loans in Geyserville CA and 100% VA Loans -the best loan program in the country! VA Mortgage Loans are one of the best mortgage loan programs available today for both honorably discharged Vets and active duty military personnel. Here are some of the great features of this fantastic pr...
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
POOF!  There goes your interest rate!          "But do you think they'll go lower tomorrow?".  Every time rates drop substantially, this is a question every loan officer hears from prospective clients on the way down.  This past week, I heard the question Tuesday, Wednesday, and Thursday as prosp...
By Ranee Bray, Realtor, Cedar Park & North Austin Suburbs
(TCP Real Estate)
Comments 3
This week was a big week for mortgage rates. Did you know that rates haven't been this low on a conventional, 30 year fixed, since May of 2013?  The bigger news this week was for homeowners with 30 year FHA loans. Beginning next week, January 26th, the insurance premium charged for loans with le...
By yanni raz
(hml investments)
Comments 0
Stated Income Mortgage Programs If you are a self employed borrower, or someone who is having trouble documenting your income, stated income mortgage programs could be your ticket to a mortgage loan. Typically intended for self-employed borrowers, the stated income loan is a mortgage where the le...
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 14
Fannie Mae Guideline Change - Student Loans          This one isn't a huge deal or a game changer, but something those of us in the lending world should still know about.  Effective today, Fannie Mae is changing their acceptable calculation for student loans when a payment cannot be verified.    ...
By Michael Fagan
(Berkshire Hathaway HomeServices Fox & Roach Realtors)
Comments 3
  As the New Year begins, the vast majority of American workers vow to save more money. But life gets in the way, and the truth, for many, is that savings wind up getting short shrift. Financial strategists at The Motley Fool, a money guide for skilled and less-experienced savers, have put togeth...
By Donough Forde
(Joy Real Estate)
Comments 0
Homestyle Renovation Loan, Greenville South Carolina. The Homestyle Renovation Loan is a Fannie Mae product which allows borrowers to make a single close purchase/renovation loan. The renovation can be used for luxury items such as pools, spas etc as long as the improvement adds value and is atta...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
You've probably seen TV commercials that talk about the Reverse Mortgage Kansas City benefits for senior citizens, but let's face it there's on so much a 30 second ad can tell you.  Why not check out our (KC Loan Tips) video below and learn more about how the Reverse Mortgage loan can help you!  ...
By Bruce Brown, Senior Loan Officer/CMPS
Comments 0
By Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, 708.921.6331 - 37 yrs experience
(NMLS #216987)
Comments 16
Mark Your Calendars: Changes Ahead for Mortgage Financing, 1/26         Both FHA and Fannie Mae (Conventional Loans) have recently announced upcoming changes that will kick-in on January 26, 2015 ...        FHA has announced a 50 Basis Point reduction in Monthly Mortgage Insurance costs to Borrow...
By Doug Reynolds, Realtor - Sacramento, CA
(Better Homes & Gardens Real Estate)
Comments 0
Guest Blogger: Today's post is written by Sacramento Mortgage Expert, Matt Gouge.  All of his contact info and more can be found at this website: www.mattthemortgageguy.com. Thank you Matt for providing this great info for potential buyers in our Sacramento Real Estate Market.FHA’s reduction of ...
By Melanie Cameron, The Cameron Team
(Coldwell Banker Sea Coast Advantage)
Comments 0
Effective January 26, 2015, FHA is dramatically lowering the insurance rates on their mortgages. Melanie Cameron of The Cameron Team in Wilmington, NC, shares more on this and how it will affect borrowers.
By M.C. Dwyer, Santa Cruz Mountains Property Specialist
(Century 21 Showcase REALTORs)
Comments 1
Originally written by Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com  What Gene has done very well is not only to explain the changes for FHA loans , but also spell out a couple of dollars and cents scenarios for buyers.   Specifically, how much more home a buyer can now afford, or ...
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 2
Some mistakes are costly. Very costly. Specially when you are in the process of buying a home.g a home. What are they? Here's a re-blog from Whitney Watson. True or false? All’s fair in buying and selling. All of us remember the 2003 hit rom-com with Kate Hudson and Matthew McConaughey, How To Lo...
By Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, 708.921.6331 - 37 yrs experience
(NMLS #216987)
Comments 68
Debut of Fannie Mae's Appraisal Review Slated for January 26, 2015              Fannie Mae has rolled out a new safeguard for Lenders and Underwriters, as they continue to strive for Appraisal integrity and accuracy ...     This new Lender's tool becomes available on January 26, 2015 ... the very...
By Five Stars Mortgage, Florida USDA, FHA and VA Loans
(Five Stars Mortgage)
Comments 0
  Terrific news for new Florida homebuyers and current FHA mortgage holders –  FHA announced that starting Jan 26th 2015 all new FHA borrowers and existing FHA mortgage holders will be eligible to benefit from lower FHA monthly mortgage insurance cost. FHA announced the change last week and said ...