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 John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 1
We'll discuss the differences between a mortgage broker & mortgage banker
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 0
The Fastest Way to Raise Credit Scores       Whether it's fair or not, when it comes to buying a house and planning out your financial future, there is one thing that will make everything else either much easier, or far more of a challenge: a FICO score.  With a high FICO score (above 740), apply...
By Edward & Celia Maddox, EXPERIENCE & INTEGRITY - WE TAKE THE HIGH ROAD
(Solutions Real Estate)
Comments 2
In  2013, the Consumer Financial Protection Bureau (CFPB) issued a rule requiring easier-to-use mortgage disclosure forms which clearly state the terms of the homebuyer’s mortgage.  The effective date for use of the new forms will be for loans originated on or after August 1, 2015. The new “Know ...
By Tg Glazer - The Right Realtor® for the Right Results!, Westfield/Cranford, NJ area
(Coldwell Banker, Westfield, NJ)
Comments 1
Foreclosure Education Forum To Be Held In Union County Next WeekOn Thursday, April 23rd, the Union County Human Relations Commission and the Union County Foreclosure Task Force will be holding an educational forum in cooperation with the New Jersey Public Defender's Office and the Union County Su...
By Bruce Reichstein, VA & FHA Home Loan Expert +26 yrs
(Founder of VALoans.com, FHALoan.com)
Comments 1
A reader asks, "I was prequalified for an FHA loan and during escrow, my agent said I made too much money to be eligible for the loan. Does that make sense?"The simple answer to this question is no, the notion that a borrower makes too much money to qualify for an FHA mortgage loan does not make ...
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
Comments 5
All VA Lenders Are Not All Created Equal Either.Lenders with VA approval is certainly helpful.   When we have a home buyer with a VA Certificate of Eligibility, we know they are ready to buy.  The VA Certificate of Eligibility is like having a credit card to buy a home.However, it is also very he...
By Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, 708.921.6331 - 37 yrs experience
(NMLS #216987)
Comments 12
 All Loan Officers are NOT Created Equal    Great Discrepancies Exist        A post written by fellow-lender, Joe Petrowsky, inspired me today ...          In Joe's post, he spoke of a client he was able to assist in saving some pretty hefty dollars.  How did he do this?      He suggested they ut...
By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 2
By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 85
Will lenders consider your social media presence?   A communication from a mortgage lender predicts that bankers and mortgage lenders will be looking at the social media presence of applicants as well as their spending and credit history. What shows on Facebook and Twitter accounts could help det...
By Stacye Beaver
(PrimeLending, A Plains Capital Company)
Comments 18
Just a few tidbits on selecting a mortgage loan officer for your purchase or refinance:1.  Don't call your bank JUST because your bank account is there.  They are not allowed to give you a better rate or closing costs over an applicant who doesn't bank with them.2.  Don't select a lender JUST bec...
By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(One World Realty Inc.)
Comments 2
Fannie Mae announced yesterday the rollout of its HomePath Ready Buyer program for qualified first-time homebuyers, defined for the program as someone who hasn't owned property in the past three years.Under the program, buyers can receive up to three percent of a home's purchase price in closing ...
By Jennifer Shenbaum
(The Shenbaum Group, Inc. dba Jennifer Buys Houses)
Comments 7
Thank you in advance to Vineyard Insurance for answering our questions on vacant home insurance.  Why is vacant house insurance more expensive than regular homeowners's insurance?  One of the main reasons it is more expensive is due to the liability exposure-a vacant home is basically a sitting d...
By Bill Burchard, Broker, Realtor - Murrieta Homes For Sale, Califor
(3B Realty: 951-347-3818, CA)
Comments 0
Fixed Mortgage Rates Avg. 3.67% (30-Yr), 2.94% (15-Yr) for Week Ending 4/16/2015. 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 ave...
By Bryan Robertson, Broker, Author, Speaker
(Catarra Real Estate, Inc)
Comments 2
In some parts of the country the pathway to real estate sales is directly tied to stock. Whether a high-flying tech stock like Google or some no-name start-up heading for an IPO, shares in a company can be the source of cash for many buyers and investors.   All About Price Just like real estate, ...
By JOE RYSTROM & TEAM, Real Estate Professionals
Comments 3
Credit Report Fraud Alerts and Security Freezes   Protecting your credit should be near and dear to your heart for homebuyers, and all other consumers, unless you plan to live off the grid. Below are resources to help protect yourself and your credit, and contact information if your identity or ...
By Gabe Sanders, Stuart Florida Real Estate
(the BlueWater Realty team specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 3
At this writing, here is what we know about the plan.If your total monthly mortgage payments are greater than 31 percent of your monthly, pre-tax income, you might qualify for relief. You must prove to your lender that your payments are greater than 31 percent of your income and that you might no...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 2
Seniors living in Olathe Kansas could qualify for the all new Reverse Mortgage Olathe Kansas program offered by LeaderOne Financial.  If you're interested in a great product like this that will allow you to increase your income all while staying in the home that you're currently living in!  You c...
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 26
Down Payment Requirements for Jumbo Loans       Recently I've encountered many home buyers who are somewhat confused about down payment requirements, especially when it comes to jumbo loans.  The confusion is warranted because unlike conventional & FHA loans, the guidelines for Jumbo loans vary g...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 5
Not a whole lot of data today the markets are also holding very close to flat. The benchmark FNMA 3.0 coupon has been within a 25bps range (high or low) of the 102.5 mark for about a week now and should be interesting to see what direction it finally breaks resistance in.I am betting it will brea...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 3
On this most glorious of all days TAX DAY, we get data confirming what many already know, that the economy is not nearly as strong as what is being portrayed.Are we better then 2-3 years ago - YESAre we out of the woods by now - NOThe bottom line is 2 critical components People NEED jobs and not ...