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 Gene Wunderlich, Realtor & Legislative Liaison
(1st Action Real Estate)
Comments 2
Hard to believe it's been nearly 6 years since I wrote my first blog about Ocwen Financial (Ocwen Bank Outsourcing Realtors to India). Back in those days we were actively engaged in a fight against real estate fraud, the housing market was melting around our ears and I was being bombarded with co...
By Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, 708.921.6331 - 37 yrs experience
(NMLS #216987)
Comments 4
  Why Do Lenders Require a Real Estate Contract?      One of the Loan Officers in my office had a Seller's Attorney recently ask him ...      "Why does a Lender need a copy of the Real Estate Contract?"     Admittedly, I was somewhat taken-aback by this basic question, but I believe my LO handled...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
Subprime mortgages in Arizona have been considered a predatory lending practice by many law sub prime mortgages Arizona have typically been used by investors as a money making strategy, not by people who have been taken advantage of by banks.    A subprime mortgage is a lending practice that can ...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
There are a variety of circumstances that can lead to a low credit score. Learn how you can get a bad credit mortgage Arizona and qualify for a home loan, even if your credit is less than perfect.     There are a variety of factors that can lead to a lower credit score. Job loss, divorce, a sudde...
By Bruce Brown, Senior Loan Officer/CMPS
(PrimeLending)
Comments 1
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 John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 13
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 John Elwell
(CENTURY 21 Bill Nye Realty, Inc.)
Comments 0
Today, 12/24//2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.83% up from 3.80% last week. The average interest rate for 15 year fixed-rate mortgages was 3.10%, up from 3.09% last week. A year ago the 30 year rate was 4.48%. Freddie Mac's s...
By Joe Jackson, Clintonville and Central Ohio Real Estate Expert
(Keller Williams Capital Partners Realty)
Comments 1
Get answers to your questions Learn about options that may help you overcome payment challenges Understand how tou may be able to keep your home and avoid foreclosures Find out ways to help you get back on track Connect with helpful resources sych as housing counselors and learn about online tool...
By Cheryl Powell - The Powell Team, Concord,Harrisburg & Charlotte NC Area Real Estate
(RE/MAX Executive Realty - The Powell Team)
Comments 40
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 Dennis Dahlberg
(Level 4 Funding )
Comments 0
Trust deed investing is a little known high yield investment opportunity. With rates of return as high as 12%, it can be a great way to fund your child’s college education. As a parent, your child’s future is always on your mind. One of the biggest concerns for most parents is how to pay for coll...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
You’re in love with a home you just spotted, or you want to stop paying rent and start building equity. But to put it simply, your credit rating is in the toilet. How do you go about getting approved?   Meet Anne. A single mom with two kids that wants to buy a modest home in the suburbs. However ...
By Cheryl Powell - The Powell Team, Concord,Harrisburg & Charlotte NC Area Real Estate
(RE/MAX Executive Realty - The Powell Team)
Comments 174
    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 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 Jamie Chambers, USDA /FHA Mortgage Source
(USDA / FHA Mortgage Source)
Comments 0
For all USDA Rural Housing mortgage loans - effective on October 1, 2014 (the start of Fiscal Year 2015) USDA Rural Development will revise the Up-Front Guarantee Fee and Annual Fee structure as follows: Up-Front Guarantee Fee (One-Time)   FY 2012Through 9/30/2014 FY 2014 Effective10/01/ 2015 USD...
By Kim Bregman, Exclusive Buyer Agent in S. Florida and Western NC
(Optima Properties)
Comments 0
The home mortgage industry can be confusing. Rates, points, caps—there’s a lot to take in. Take some time to educate yourself about the process—and be aware of the big missteps homebuyers often make. Thinking Too Big Banks qualify their customers on their “debt-to-income ratios.” Simply, that’s t...
By Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 0
One quick note on FHA gifting, and a short video on Giving that you have to watch… Acceptable gift donors for FHA loans… 1) Borrower’s relative. 2) Borrower’s employer or labor union. 3) A close friend with a clearly defined and documented interest in the borrower. 4) A charitable organization. ...
By Kay Fisher, Kay Fisher
(Keller Williams)
Comments 0
  by Dana Meadows, Movement Mortgage Effective Monday, December 15th, Fannie Mae made purchasing a home with 3% down payment available once again.  There are some guidelines I wanted to make you aware of, as this program will not work for all borrowers.   30 year fixed term only (no adjustable ra...
By Five Stars Mortgage, Florida USDA, FHA and VA Loans
(Five Stars Mortgage)
Comments 0
VA home loans still allow 100% financing in Jacksonville. Military personal can learn all about the VA loan program and benefits below.  No down payment required, yes still 100%.  VA loans one of the last $0 down payment loans available. Lower closing costs when compared to conventional and FHA l...
By Jamie Chambers, USDA /FHA Mortgage Source
(USDA / FHA Mortgage Source)
Comments 0
We receive many USDA inquiries each week from home buyers already pre approved for FHA loans. Many of them what to learn more about the USDA mortgage when they catch wind of the benefits. If you are homebuyer that already has a lender /bank pre approval for an FHA home loan, please read below. Th...
By Jamie Chambers, USDA /FHA Mortgage Source
(USDA / FHA Mortgage Source)
Comments 0
The USDA mortgage is one of the only home loan programs that still permits 100% financing with no money down in Florida. However, the USDA Rural Housing program (like all loan programs) require closing costs and pre paid escrows costs for taxes, insurance, etc. First Time Homebuyers using the USD...