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 Gene Mundt, Mortgage Lender - Chicago/Chicagoland Mortgages
Comments 29
  What are the Requirements to Qualify for a Home Loan Today?          Frequently I hear the question ...       "What are the requirements to qualify for a home loan today"?       To answer that, I'm first going to list what are considered as foundation requirements for current mortgage loans.  W...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
The benefits of a preapproval (not prequalification) for Lee's Summit Home Loans A lot of consumers are not educated enough on how they should go about buying a home.   No question, this is a big decision, and one that can be either immensely stressful- or immensely enjoyable- depending on how yo...
By Amanda and Jared Christiansen, YOUR Fort Wayne Realtors, Century 21 Bradley.
(Century 21 Bradley (260)704-0843)
Comments 0
Gene is a lender in the great Chicagoland area.  He's always full of valuable information about loans and what it takes to qualify for a loan.  Here he explains the requirements today for qualifying for a home loan.   Keep sharing the valuable information Gene!     What are the Requirements to Qu...
By Neil Coleman
(First Midwest Bank NMLS#143306)
Comments 1
To refinance a mortgage means to pay off your existing loan and replace it with a new one. There are many reasons why homeowners opt to refinance, from obtaining a lower interest rate, to shortening the term of the loan, to switching mortgage loan types, to tapping into home equity. Each has its ...
By Brian Heckman, Brian Heckman- Florida Mortgage Lender
(The Heckman Group)
Comments 0
    A survey conducted by a Mortgage Banker Association (MBA), which was given to homebuilders and their subsidiary mortgage institutions, showed that there is a 15% increase in mortgage applications for a new home last March compared to Febuary. According to the survey, "MBA estimates that there...
By Nina Hollander, Your Charlotte/Waxhaw/Fort Mill Area Realtor
(RE/MAX Executive Realty/Charlotte, NC)
Comments 4
Have you ever wondered how long your mortage pre-approval is good for? Have you ever wondered why your Realtor tells you that a year-old pre-approval is not sufficient to submit to a home seller with an offer to purchase? Read John Meussner's article below explaining why mortgage pre-approvals mi...
By Diane Beaumont, USDA,FHA,FHA 203k,Jumbo Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 0
To refinance a mortgage means to pay off your existing loan and replace it with a new one. There are many reasons why homeowners opt to refinance, from obtaining a lower interest rate, to shortening the term of the loan, to switching mortgage loan types, to tapping into home equity. Each has its...
By Richard & Beth Witt, Broker/Owner RE/MAX Wittney Estates Long Island NY
(RE/MAX Wittney Estates 516-795-6900 www.longislandrealestatesearch.com)
Comments 1
I think this is a great post... full of valuable information for all... not just buyers and sellers... I share it for all that have missed it... Great information to pass on... I just posted it in on our office page for all of our agents to review.. Thanks Gene...   What are the Requirements to Q...
By Ron Chastain, What ever it takes
(Keller Williams Realty Atlanta Partners)
Comments 0
We call them oxymorons: terms with built-in contradictions. George Carlin made fun of ‘jumbo shrimp’; Jerry Seinfeld pointed out the unlikelihood of anything being ‘found missing’ or ‘clearly misunderstood.’ But for some Henry County homebuyers, there is more reason to smile than laugh over the n...
By Matthew Royer, NMLS # 366970
(Homes Mortgage )
Comments 0
Good Morning!   Below, you will see that interest rates haven’t changed over the past week.  Which makes it a great time to clear up a common misconception that is thrown around way too often in the mortgage and housing industry.   What I hear many loan officers tell their clients is something li...
By Kevin Bailey, REALTOR
(Kevin Bailey Team)
Comments 3
Have good credit and tired of renting? A low down payment loan may be your best bet to start building equity.       Is a big down payment the only thing stopping you from taking advantage of the most affordable real estate market in decades?  Check out this quick video to discover why you might b...
By Phil Stevenson, CRMP, Reverse Mortgage Expert in Miami and Florida
(PS Financial Services 786-586-3336 or 888-845-6630)
Comments 4
Who Should Get a Reverse Mortgage and "Why?" I find clients often worry about their heirs whenever they decide to move forward with a reverse mortgage, either because they wished to leave their home to their children or grandchildren or hoped that their children will be able to sell the home upon...
By David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 62
I am writing this post in a state of shock. I can overcome many a issue and or circumstance but some things are simply too much. Today's scenario was one of those situations. One of my purchase borrowers called and emailed me before I got in the door (Thanks to the very heavy traffic). I called h...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 1
Spring has officially sprung and warmer weather will most likely bring a long anticipated increase for the housing market, which was stifled by extreme winter weather catching most of the nation's meteorologists off-guard.The National Association of Realtors announced that the difficult winter w...
By Deborah Nance, Southern California , Reverse Mortgage Specialist
(Orange County, Corona, Riverside, Los Angeles)
Comments 0
Orange County Reverse Mortgage Question -  Reverse Mortgages are Non-recourse loans - what does that mean?   Recourse and non-recourse are terms used in conjunction with mortgages that describe the options/procedures that the lender has available to use when a loan is not repaid according to the ...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
Some people are scared by funds that aren't diversified. This can be a big risk! You don’t know what could happen if your entire portfolio is only in one kind of investment. What if it tanks? Arizona Mortgage Broker Home Loan What’s important is to diversify your portfolio with investments that w...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
A major home-selling decision arrives right at the start: setting your home’s price. It’s a step that can be decisive for good or for ill.But what is the “right” price for Lee's Summit, Missouri, or any other nearby area? We know what it probably isn’t—it’s not the first number that pops into you...
By Bill Park, Excellence in Real Estate since 1986
(Keller Williams Realty)
Comments 0
How to buy a house with no money down does not mean how to buy a house with no money. One of the largest purchases we ever make is buying a home.  Down payments are a way to reduce the debt on that house up front and increase the part you own of that home, that is called equity. For example, in p...
By Robert (Vegas Bob) Swetz, Commercial & Residential Real Estate Agent
Comments 8
  Believe it or not. I am hoping Interest Rates go up ;o)   Nobody really wants interest rates to go up, but when interest rates at low nobody wants to borrow money. And then when the rates go up, lenders will borrow money to anyone. For the last few years in Las Vegas Nevada, it was almost impo...
By Terez B. Harris, Your Real Estate Advocate
(Keller Williams Realty New Orleans)
Comments 0
Many of New Orleans’s would-be first time home buyers are stopped short when they come up against the need to raise the initial deposit. But just because you don’t have a hefty down payment, it needn’t mean you can’t own your own home. You can still purchase a house with less than a 20% down pay...