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 Mark Taylor Mortgages, 602-361-0707 #MarkTaylor #Awesomerates NMLS#207897
(and for 1st Time Buyers, Move Up Buyers & Investors )
Comments 2
A Few Great Reasons to Give the 15 Year Mortgage Another Look     A 15-year fixed mortgage is, as its name suggests, a mortgage that’s paid off after 15 years. Since it amortizes fully, after that amount of time you won’t have to pay anything else. This type of mortgage has a lot of benefits, and...
By John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, FHA, 203(k), USDA, VA, Jumbo loans)
Comments 14
Weekly Wrap - Your Mortgage Market Update   July 14-18, 2014          These reports will start going out each Friday this coming week to discuss market movements & trends throughout each week, but once again this one got pushed to Sunday.          The week of July 14 was a rollercoaster.  Ra...
By Bill Kamboukos
(Strategic Mortgage)
Comments 23
  As we have covered in the past, when it comes to obtaining a new conventional home loan, there are generally three major events that supersede all other items that can effect when you can obtain a new home loan. Those three events are: a foreclosure, a short sale or a bankruptcy. Recently, Fan...
By Jane & Jeff Daley, PhD, Scottsdale Real Estate Arizona
(Luxury Valley Homes For Buyers & Sellers Phoenix AZ Area)
Comments 0
USAA – Do they support Service Dogs? In a word – No! Scottsdale real estate research has found several patients mentioned that USAA Insurance (must be military to initially join) would not accept them because of their service dog. I always heard good testimonials about USAA and this did not make ...
By Mega Pros
(The Force Realty)
Comments 0
Seller Financing: How Safe Are You From A Non-licensed Predator? Seller financing, when orchestrated by a Licensed Real Estate Broker who is highly experienced in this type of transaction, is an incredibly effective tool in today's marketplace. It allows sellers to control their property, cr...
By Jamie Lynne, usamortgageresource
(www.bartprequalifies.com)
Comments 0
Bart at www.bartprequalifies.com offers VA loans down to a 530 middle credit score at 100% in Idaho.   Bart at www.bartprequalifies.com is a proud veteran that has been offering VA loans NATIONWIDE since 1987. Please call him at 800 315 8803 or 973 979 4100, 7 days a week to discuss you VA loan i...
By Andrew Sherant, Realtor of the Google age, like an app but better!
Comments 0
Last week’s economic news offered a variety of indications that the economic recovery continues, but some readings missed their expected levels. The Philadelphia and New York branches of the Federal Reserve Bank reported higher than anticipated manufacturing for their respective regions and new j...
By Karen Fiddler, Broker/Realtor, Laguna Beach & Lake Arrowhead, CA (949)510-2395
(HOM Sotheby's Intl Realty, 949-510-2395)
Comments 6
Chase Bank and The Widow: A Success Story   I occasionally go to dinner with a few other widows in my area. I am not a regular attender as for me it's best to move on from these kinds of labels and limitations. I have become good friends with one of the ladies in the group. We share a simila...
By Shannon Milligan, Richmond VA Real Estate Agent, RVA Home Team - Winning with Integrity.
(RVA Home Team with Jefferson Properties)
Comments 7
Buying a Home While Self Employed This year my husband and I decided to purchase another investment property. If you have been reading my blog, you know we have purchased 8 properties over the last 14 years. In most of those cases the mortgage has gone into my husband's name simply because I ...
By Cheryl Powell, The Powell Team- Helping YOU make the right move!
(RE/MAX Executive Realty - The Powell Team)
Comments 20
Have you had a Bankruptcy, Foreclosure, Short Sale or Deed in Lieu of Foreclosure and are wondering how long you have to wait before you can obtain a new home loan?  Here are the guidelines as of Februrary 2011, which I verified with a loan officer friend.  Of course, every rule is made to be bro...
By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Comments 0
How do I find out if this Hermosa Beach Condo is VA Approved?    We hear this question quite often. The answer isn't always easy to find for Veteran Homebuyers in Hermosa Beach, CA.  Real Estate Agents, Sellers, and sometimes even the HOA don't have the most updated info on their VA Condo...
By John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, FHA, 203(k), USDA, VA, Jumbo loans)
Comments 2
Orange County, CA Homeowners Insurance   Service Spotlight        I'll be sporadically posting reviews and recommendations for service providers and businesses that I personally use and love (and who knows, maybe I'll start posting about the ones I don't love, too!), and terming the p...
By Diane Beaumont, USDA,FHA,FHA 203k,Jumbo Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 2
A 15-year fixed mortgage is, as its name suggests, a mortgage that's paid off after 15 years. Since it amortizes fully, after that amount of time you won't have to pay anything else. This type of mortgage has a lot of benefits, and below we'll share just a few of them.   1) No Need Fo...
By Bruce Brown, Senior Loan Officer/CMPS
(PrimeLending)
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 Chris Thomas
(The Mortgage Experts at America's Mortgage, a Division of Cherry Creek Mortgage Co.)
Comments 136
If a borrower does not have enough money to pay for the required down payment, it is permissible to have a relative give the borrower the money for the down payment. With an FHA loan, the entire down payment amount can come from a relative.  The gift donor must sign a letter stating that the fund...
By David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 2
Ever have this question run through your head? I know many do, especially when you are looking to purchase or refinance your home. In this market, which is abnormal in so many ways versus a normal (non fed controlled) market the answer becomes clear... WHO KNOWS! lol Now in reality the factors I ...
By Cheryl Powell, The Powell Team- Helping YOU make the right move!
(RE/MAX Executive Realty - The Powell Team)
Comments 4
  View RSS feed close [x] UPDATE May 30, 2014 For more that 2 years USDA has been setting and then postponing the implementation date for USDA Rural Development property eligibilty maps to change.  The change is part of an effort to re-define the definition of "Rural" and when it is fi...
By Dee Toohey, Broker, ABR, AHWD, CIPS, FMS, ePro
(Innovative Realty Solutions Group)
Comments 0
New lending guidelines are coming in a few weeks.  If you are on the fence, they may affect you if you had a short sale or foreclosure.  Now is the time to get preapproved and get under contract if more than 2 years has passed.  If you have questions, just give me a call!  I'll be glad to con...
By Nevin Williams, Raleigh Mortgage Pro
(Sierra Pacific Mortgage Raleigh)
Comments 1
FHA insured loans have different waiting time requirements (seasoning)  based on specifics about the short sale.  The purpose that required the short sale, the mortgage payment history at the time of the short sale as well as other factors. Visit this page on my website to read the full version o...
By Gene Mundt, Mortgage Lender - Chicago/Chicagoland Mortgages
(www.genemundt.com)
Comments 4
The ABC's of DTI's  (Debt-to-Income Ratios)          Definition of Debt-to-Income Ratio:   The figure that represents how much of your income is spent repaying your recurring monthly debts.  The HIGHER your Debt-to-Income Ratio is, the more of your monthly income is being devoted to payi...