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 Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
Comments 19
Joe Petrowsky presents an interesting question about consumer financing and refinancing a home mortgage.  What do you think?   This is a matter of RISK MANAGEMENT. If the consumer has the resources to qualify for the refinance, what do the numbers say? If they present a risk to your company, you ...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
The FHA Home Loan St. Joseph program is perfect for those looking to purchase their first home in the wonderful and historic city of Saint Joseph Missouri and from KC Loan Tips video above you know that the FHA mortgage program is a great program in general! It's really easy to apply for, you ju...
By Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, 708.921.6331 - 37 yrs experience
(NMLS #216987)
Comments 39
  How Is the Mortgage Process Like and Differ From a Roller Coaster?      Going through today's Mortgage Process can be much like being on a racing roller coaster.  The similarities and parallels between the two are endless.           Examples:  Both have highs.  Both have lows.       At times, e...
By Doug Jones, Mortgage Broker - NMLS 286668
(Mortgage Magic)
Comments 0
Will the mortgage lender want to see divorce papers? Probably and certainly in these situations.   A copy of the Divorce Papers will be required if:   You receive income in the form of child support or alimony. This income can be used for loan qualification so long as there is a 6 month history a...
By Nina Hollander, Your Charlotte/Waxhaw/Fort Mill Area Realtor
(RE/MAX Executive Realty/Charlotte, NC)
Comments 9
It's the proverbial battle of the sexes--who manages their debt and credit better? Men or women? From Keeping Current Matters and Experian comes the following infographic comparing how men manage their credit/debt versus women.   A quick look at the numbers indicates that the differences are not ...
By Brian Heckman, Brian Heckman- Florida Mortgage Lender
(The Heckman Group)
Comments 0
Stop me if you've heard this before. Is it time to refinance your mortgage? Okay, just kidding. Don't stop me. Keep reading. Mortgage rates have been so low for so long that borrowers who could have refinanced likely already have. Still others couldn't refinance because there wasn't enough equit...
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 12
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 Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, 708.921.6331 - 37 yrs experience
(NMLS #216987)
Comments 7
 Fannie Mae's Recent Appraisal Guideline Updates            Fannie Mae recently updated some of their Appraisal and property-related guidelines ...       It's important to note that these updated Fannie Mae guidelines/points are NOT necessarily the policies of Lenders, Banks, and other entities ...
By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 12
Fannie Mae and Freddie Mac to drop mortgage down payments to 3%   Fannie Mae and Freddie Mac have announced that the down payments for conventional mortgage financing will be reduced from the current level of 5% to a new lower level at 3%. The intention of this change is to make it easier for you...
By Bruce Brown, Senior Loan Officer/CMPS
Comments 0
Below is the daily mortgage market and interest rate commentary from Bruce Brown, CMPS with Prime Lending and radio host of Dollars and Homes on KCMO Talk Radio 710. To view my daily blog please visit my website at www.dollarsandhomes.com/blog.  
By The Kahler Team
(Keller Williams Realty Black Hills)
Comments 0
In the ever evolving housing market, it can be hard for buyers and sellers to know just when the right time to invest in a property is. While the chance of the market being predictable is a long shot, the near future for buyers looks promising When it comes to purchasing a home, it is not only a ...
By John Elwell
(CENTURY 21 Bill Nye Realty, Inc.)
Comments 0
Today, 12/18//2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.80% down from 3.93% last week. The average interest rate for 15 year fixed-rate mortgages was 3.09%, down from 3.30% last week. A year ago the 30 year rate was 4.47%. Freddie Mac...
By Bob Elliot
(RE/MAX Advisors)
Comments 0
The Federal Open Market Committee (FOMC) said in its last statement for 2014 that although economic conditions have improved at a moderate pace, the Fed believes that the target federal funds rate of between 0.00 and 0.25 percent remains "appropriate." While labor markets show expanding job growt...
By Doug Reynolds, Realtor - Sacramento, CA
(Better Homes & Gardens Real Estate)
Comments 5
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. The 97% LTV Mortgag...
By Eric Newman, Loan Officer with 25yrs in Housing, NMLS-97776
(Guild Mortgage Company, NMLS-3274)
Comments 0
by Eric Newman  |  Guild Mortgage Company  |  December 18, 2014           We're about a week away from Christmas and we've already receiveda huge gift from Fannie Mae.  Yes, the 3% Down Conventional Loans are back!  This is great news for anyone looking to purchase or refinance a home who might b...
By Michael Shotnik
(Colorado Mortgage)
Comments 0
Most analysts are predicting a rise in mortgage rates for 2015. BofA Merill Lynch reports a slightly different scenario.   We are all enjoying saving money at the gas pump, but the decrease in oil costs has, in a roundabout way, also led to lower mortgage rates. 30 year fixed rates fell to the lo...
By Bill Burchard, Broker, Realtor - Murrieta Homes For Sale, Califor
(3B Realty: 951-347-3818, CA)
Comments 0
Fixed Mortgage Rates Avg. 3.80% (30-Yr), 3.09% (15-Yr) for Week Ending 12/18/2014. 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 a...
By Jay & Michelle Lieberman, Creating Calm in the Buying and Selling Chaos
(Keller Williams Realty - Westlake Village, CA)
Comments 7
Do You Have to Pay Taxes After a Short Sale, Loan Mod or Foreclosure? In 2007 the United States Congress passed the beloved Mortgage Forgiveness Debt Relief Act, which was subsequently extended, but expired on December 31, 2013. As we have heard over the last 6 years, there have been many distres...
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 60
No Fence Around the Pool?  Problem?          I was recently asked by a Realtor I do a decent amount of work with if it would be a problem for a buyer to purchase a home with a pool that has no enclosure of any kind.  A cement hole in the ground, if you will.  While I think she was looking for a '...
By Mark Wagner Jr.
(Zion Realty)
Comments 20
When I first started as a real estate agent 6 months ago, I was introduced to a lender by my broker.  I was fresh in the big show and eager to meet and greet people.  We went to lunch, talked about his services, and overall we hit it off personally like we were on a first date! The courting perio...