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 David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 65
  So you just got your mortgage and saved some money or moved into your new home, CONGRATULATIONS! What typically happens in the next 1-2 months? A letter arrives talking about Bi-Weekly payments and how you can get out of debt and save tens of thousands in interest and payments by utilizing this...
By Nick Walton, Call 469-556-2393
(JP & Associates REALTORS®)
Comments 0
A type of prepaid interest mortgage borrowers can purchase that lowers the amount of interest they will have to pay on subsequent payments. Each discount point generally costs 1% of the total loan amount and depending on the borrower, each point lowers your interest rate by one-eighth to one one-...
By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 1
How to Boost your Credit Score using Unsecured...   Visit our Website http://www.boostyourcreditscore.info Credit Repair St Louis The most powerful credit repair Credit Repair Services now offered nationwide. Credit Repair Experts and Specialists are here to help. We delete anything in about 30-9...
By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 1
BOOST YOUR CREDIT SCORE Las Vegas, NV  BOOST YOUR CREDIT SCORE Las Vegas, NV Credit improvement and Score increase in Las Vegas, NV CMO gives you more affordable, guaranteed, faster service, so that people everywhere will have the magic of the good credit with them all the time. Check BOOST YOUR ...
By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 3
  Visit our Website http://www.boostyourcreditscore.info  Visit our Website http://www.boostyourcreditscore.info Getting Approved this Summer is Easy with our ABC, 123 Money back guaranteed services. In 30-90 days or less you will see results, whether you live in St Louis, Las Vegas, Orlando, Cal...
By Bill Kamboukos
(Strategic Mortgage)
Comments 30
  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 Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 1
When you're buying a home in Lee's Summit Missouri, there are the usual things you know you'll need in your new home. Water, toilet paper, a tool kit, a first aid kit, batteries - these are the givens. But there are other things you might not have thought about. Things that can serve ...
By Marla Yost, The Marla Yost Team
(Marla Yost Team- Keller Williams Realty)
Comments 0
Thinking of buying a home? Information to let you know how your credit score affects your mortgage. Lower credit scores could mean higher down payments. Lower credit scores could mean higher interest rates. High credit scores don`t always get great rates either there`s alot factored into the pric...
By David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 16
OK this post is inspired because a good AR friend of mine (Roger Mucci) wrote a post about difficulty with a budget matching paydays, so here you go. I don't run into this often but when I have I have made this suggestion to those who have truly appreciated the tip. So let me set the stage......
By Steve and Eleanor Thorne, Mortgage Loan Johnston County
(River Community Bank, NA NMLS 60596)
Comments 1
Veterans who are interested in buying a new home in 2014 are in luck!  The mortgage interest rates are still very low, and the price of housing in North Carolina is very affordable.  There are predictions that VA Loan Rates 2014 will go as high as 5% before the end of the year!  Because of Legisl...
By Chris Thomas
(The Mortgage Experts at America's Mortgage, a Division of Cherry Creek Mortgage Co.)
Comments 137
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 7
Many buyers, and Realtors too, dont realize that in the world of lending there are constant guideline changes. One change that actually happened a few years ago, that I had to go over with both a buyer and Realtor earlier today, was involving debt to income ratio (or industry known as DTI). When ...
By PrimeLending, A PlainsCapital Company
Comments 0
You’ve probably heard about all the data breaches that seem to be happening more often. To help you better understand breaches and what you can do if it happens to you, PrimeLending has teamed up with LifeLock® to bring you important information on identity theft protection.   LifeLock recommends...
By Cheryl Powell, The Powell Team- Helping YOU make the right move!
(RE/MAX Executive Realty - The Powell Team)
Comments 5
  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 Lori Blank, Lori Blank & Associates, LLC
(LORI BLANK & ASSOCIATES, LLC)
Comments 0
  If you’re thinking of buying a home, you’ve probably been thinking a lot about your credit score as well. Credit scores control so much of what we do in the world of finances, but what does your credit score really have to do with your mortgage? Here are three ways that your credit score could...
By Gene Mundt, Mortgage Lender - Chicago/Chicagoland Mortgages
(www.genemundt.com)
Comments 2
Here's this week's news, info, and timely articles I thought you'd find of interest and benefit.   Should you have specific topics or questions you'd like covered or addressed in future blasts, please let me know.  Your suggestions and input are always appreciated ...     Mobile ...
By Gene Mundt, Mortgage Lender - Chicago/Chicagoland Mortgages
(www.genemundt.com)
Comments 60
  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 mort...
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 5
What are reserves?  When are they important?     What are reserves?          Reserves, in the mortgage industry, refer to a borrower's assets AFTER the closing of a new loan.  Basically, if the borrower were to lose all income, how much in reserve do they have to continue to make mortgage pay...
By Karen Fiddler, Broker/Realtor, Laguna Beach & Lake Arrowhead, CA (949)510-2395
(HOM Sotheby's Intl Realty, 949-510-2395)
Comments 1
I like to present myself as a resource to my clients. The way I accomplish this is to continue to educate myself on ideas and programs. I have to admit that I did not realize you can use a delayed financing options for cash purchases. Typically buyers must wait 6 months to do any kind of refinan...
By Stephen Skakandy, Expert Communicator, Skilled Facilitator, High Spe
(Neighborhood Homes & Realty)
Comments 2
Great post from David Shamansky about how to handly DTI issues if you're having trouble qualifying. As he points out, the technique for qualifying is counterintuitive, but "he who has the gold, makes the rules." Many buyers, and Realtors too, dont realize that in the world of lendin...