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 Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 0
TEWKSBURY Real Estate Market Trends: Single Family Homes Week Of December 15th, 2014     Here is a snapshot of real estate market for single family homes in TEWKSBURY, MA for the week of  December 15th, 2014. (Source: AltosResearch)   For Week of December 15th, 2014 Median Price $374,000 Average ...
By Conrad Allen, Webster, Ma, Realtor
(Re/Max Professional Associates)
Comments 15
Merry Christmas to short sellers.  A one year retroactive extension was passed by the Senate on 12/16.  It was one of 55 provisions in the Tax Increase Act.  It still has to be signed by President Obama but he said he would sign the extension. More than 800,000 home owners have taken advantage of...
By Nina Hollander, Your Charlotte/Waxhaw/Fort Mill Area Realtor
(RE/MAX Executive Realty/Charlotte, NC)
Comments 24
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 Cheryl Powell - The Powell Team, Concord,Harrisburg & Charlotte NC Area Real Estate
(RE/MAX Executive Realty - The Powell Team)
Comments 173
    Do you know someone who has a job and works hard, but their income isn't high enough to afford a well maintained home in an area desireable to them?  If so, the USDA Rural Devolopment DIRECT Loan Program may be the perfect loan program for them.  This is a 100% financing (NO DOWNPAYMENT), no ...
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
Comments 29
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 John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 61
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 Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, 708.921.6331 - 37 yrs experience
(NMLS #216987)
Comments 13
 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 Karen Fiddler, Broker/Realtor, Laguna Beach & Lake Arrowhead, CA (949)510-2395
(HOM Sotheby's Intl Realty, 949-510-2395)
Comments 5
As a real estate professional, I'm used to asking questions of my clients. It's critical to providing good service to really understand what your clients needs/wants are to address them properly. But what about the other aspects of the escrow process? Do we really know all the right questions to...
By Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, 708.921.6331 - 37 yrs experience
(NMLS #216987)
Comments 40
  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 Jamie Lynne, usamortgageresource
Comments 0
80% LTV STATED loans are now available owner occupied, second homes and investment properties. Call 800 315 8803 or visit www.bartprequalifies.com today to start and application!Our MINIMUM loan amount for a STATED LOAN is $200,000 or 200K.   We offer STATED LOANS AKA light doc, bank statement lo...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
Like all investments, investing in trust deeds does has an element of risk. The main risk for the trust deed investor is that the borrower will default on his/her loan. If the borrower stops making payments, it is then the responsibility of the trustee to sell the property on behalf of the lende...
By Jamie Lynne, usamortgageresource
Comments 0
We offer JUMBO mortgages up to 90% option or an 80/10 option up to 1.25 Million or $1,250,000.00. We offer this loan program NATIONWIDE, in addition to traditional JUMBO mortgages that require 15-20%  To apply feel free to contact me at 800 315 8803 or visit www.bartprequalifies.com JUMBO mortgag...
By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 15
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 Nevin Williams, Raleigh Mortgage Pro
(Sierra Pacific Mortgage Raleigh)
Comments 0
Carolina Jumbo Loans differ from other States. This is because jumbo loans are often confused with conforming jumbo loans which are completely different and may not be available in North Carolina. A jumbo loan is a loan that is more than $417,000 or per Fannie Mae conforming loan limit at the tim...
By Bill Burchard, Broker, Realtor - Murrieta Homes For Sale, Califor
(3B Realty: 951-347-3818, CA)
Comments 1
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 Richard Woodward NMLS#217454, Service Beyond Expectations! Your Texas Lender
(Interlinc Mortgage Services, LLC #205696)
Comments 0
First Time Home Buyers Now only need 3% down payment.  As a leading Dallas Texas home loan provider I am happy to announce that we are now offering the mortgage option.  Visit  www.MortgageProsus.com/Conventional97 to learn how home buyers can take advantage of the new program.  Call Today:  (214...
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 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 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.    ...