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 Brian Heckman, Brian Heckman- Florida Mortgage Lender
(The Heckman Group)
Comments 0
   The Mortgage Bankers Association announced in late February that housing is poised for stronger growth in 2015. Yet mortgage interest rates remain low. Should you lock in a rate now or see what happens?      That depends on your tolerance for risk. Despite a positive outlook for the economy, r...
By Donald Horne, Associate Broker, Oxford / Lapeer Homes
(Coldwell Banker-Shooltz Realty)
Comments 0
This weeks article from Craig Donofrio in the current Housing Trends eNewsletter titled, You Could Get 3 Big Tax Breaks - If You Buy a Home in 2015 ... So you didn’t buy a house last year. That’s OK—you haven’t missed the boat yet on low mortgage rates or a healthy inventory of homes. In many way...
By Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 0
Sometimes the difference between getting an approval on your loan or not comes down to what documentation your loan officer decides to leave out of a loan submission. I’ll give you an example… Let’s say you work a regular job, and at the end of the year you get a W-2. Now let’s say last year you...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 8
Well today ends an interesting up and down week only to bring us about 50bps below the highs hit on Tue/Wed. Currently the FNMA 3.0 coupon is trading at 101.906 and I do expect it to close at the 102 level where there is a lot of support recently. I get the rah rah rah cries and market attempts t...
By Lillian Wong, 480.650.5412 NMLS 630337
(Lillian Wong and Associates - Scottsdale Arizona @ Prospect Mortgage BK0903027)
Comments 0
VA loans offer very attractive benefits for our veterans and active military members and eligible spouses. Whether clients are first-time buyers or re-using VA benefits, this flexible, low-cost loan can accommodate a variety of situations. Highlights include: 100% financing on purchases up to VA ...
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Keller Williams Commerce)
Comments 1
As realtors we sometimes miss the news about mortgages and sometimes need a re-cap of what some of the mortgage programs are like.  Lillian has put out the basics of VA mortgages which I think are becoming more popular because of the larger number of veterans we have now. VA loans offer very attr...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 3
The Bond and Treasury Market is now seeing some of the gains coming back to replace losses sustained over the last month + An overall weakness still showing signs in the economy, as well as a very over heated equities market is making the safe haven for US Treasuries looking like a solid place fo...
By Gabe Sanders, Stuart Florida Real Estate
(the BlueWater Realty team specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 1
Well folks, it seems that sales of condos in Florida, already a difficult market for sellers, has just hit a fairly serious obstacle.  We've been advised by a number of lenders that PMI companies are no longer issuing policies for Florida Condos. This means that anyone wanting to purchase a condo...
By Michael Gross, Providing lending solutions not just loans!
(Dividend America Commercial Lending)
Comments 0
Apartment Financing Rates are in the high 3's to low 4% range right now.  Rates this low help apartment complex owners and apartment building investors create excess cash flow.  Using Apartment Financing and apartment loan refinance strategies properly can help investors rapidly grow their portfo...
By Dora Griffin, NMLS 6380
(D A Griffin Financial.LLC)
Comments 0
WHAT IS APR? What is APR and why should your care? When shopping for a home mortgage you SHOULD see not only an interest rate but an APR rate. The APR has historically been confusing, often because even the person trying to tell  you what it is doesn't know. One of my co workers a few years ago s...
By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Comments 1
Interest rates for buying a home on the Palos Verdes Peninsula moved down slightly this week.The following are excerpts from the newsletter on interest rates published by HSH Associates :   "Mortgage rates retreated a bit this week, still comforted by the outlook the Fed provided about the timing...
By Todd Hays
(Exit Real Estate Professionals)
Comments 4
There are many credit issues such as credit scores, derogatory credit, employment history, cash available and debt to income ratio that can make qualifying for a mortgage a challenge. Owner financing may be a solution when a buyer is not able to get a mortgage through a lender.     What incentive...
By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Comments 1
Pamela MadorePink House TeamThe Pamela Madore GroupKeller Williams Realtyhttp://myamarillohomes.com806-340-7630 Owner Financing May Be A Viable Option When Buying Your Amarillo Home There are a number of reasons why you might need owner financing.  Some of these include credit issues, recent bank...
By David Leonard
(Inlanta Mortgage)
Comments 11
  In June of 1944 the Veterans Administration introduced the VA home mortgage program for veterans returning from war overseas.  Over the years the program has been modified to allow many veterans the opportunity to buy a home at affordable rates without the need for paying money down at purchas...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
Many people are confused when it comes to Starting the Home Buying Process, but why is that?  We find that people just get excited about finding a home and we completely understand, what's not to get excited about finding that place to raise your family, to invite friends over for a backyard BBQ....
By Spirit Messingham, Third Generation Full-Time Realtor® 520 471-6900
(Tierra Antigua Realty)
Comments 5
 Working with a client, maybe a first time home buyer that was not able to get pre-approved?   One option for them may be a credit re-scoring.  This is just one of many reasons why I have relationships with local lenders who work with our client to get them approved.   Keep in mind, there are no ...
By Ken Cook, Cyber Defender!
(Reputation, content, data, and cyber security)
Comments 3
As most of you know I spent all of the 2000's directing a successful mortgage lender. Unfortunately we weren't large enough to make it over the hump and closed our doors in 2010. I was never a "loan officer" or "mortgage broker" but because I wrote prolifically about mortgages many people assumed...
By Bruce Brown, Senior Loan Officer/CMPS
Comments 0
Below is the daily mortgage market and interest rate commentary from Bruce Brown of PrimeLending and host of Dollars and Homes on KCMO Talk Radio 710 in Kansas City. To view my daily blog please visit my website at www.dollarsandhomes.com/blog.  
By Doug Kaller
(Academy Mortgage, Reno, NV)
Comments 0
Is the lack of money for a down payment and closing costs preventing you from owning your own home? Did you know there are down payment assistance and first time buyer programs available to purchase 3049 Creekwood Drive in Reno? Recently listed by Ferrari-Lund Real Estate; 3049 Creekwood Drive i...
By Marianne Bandy, CRS, GRI, Certified Negotiation Specialist
(Denver Homes - The Bandy Team - Keller Williams Park Meadows)
Comments 0
Mortgage giants Fannie Mae and Freddie Mac announced that first time homebuyers can now in fact put as little as 3% down and get conventional financing (no longer confined to the FHA only box). There are no prohibitive restrictions; in fact if two people are buying a home, only one of them need ...