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 Mundt, Mortgage Lender - Chicago/Chicagoland Mortgages
(www.genemundt.com)
Comments 41
  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 mortgage loans.  W...
By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 1
When people think about rebuilding credit they always start by focusing on the negative items on the bad credit reports first.   While this is part of your scoring factor, they forget the most important fact. Did you know that if you do not have enough positive credit on your credit report as ac...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
The benefits of a preapproval (not prequalification) for Blue Springs Mortgage Loans   A lot of consumers are not educated enough on how they should go about buying a home.   No question, this is a big decision, and one that can be either immensely stressful- or immensely enjoyable- depending on ...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
The benefits of a preapproval (not prequalification) for Kansas City Mortgage Loans   A lot of consumers are not educated enough on how they should go about buying a home.   No question, this is a big decision, and one that can be either immensely stressful- or immensely enjoyable- depending on ...
By Bill Zumwalt, Tax Coach, CPA
(William T. Zumwalt CPA, CTC "The Tax Coach for REALTORS")
Comments 0
Donald Rumsfeld may be one of the most controversial figures of our time, but you have to respect his resume. He won a seat in Congress at an age (30) when some of today's college graduates are still living in their parents' basements. He served as the youngest Secretary of Defense in American hi...
By John Elwell
(CENTURY 21 Bill Nye Realty, Inc.)
Comments 0
Today, 4/24/2014,  Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.33 up from 4.27% last week. The average interest rate for 15 year fixed-rate mortgages was 3.39%, up from 3.33% last week. A year ago the 30 year rate was 3.40%. Freddie Mac's spo...
By Michael Collins, CDPE, SFR , Wisconsin Short Sale Specialist Realto
(*ROCK REALTY|Broker|Realtor|Real Estate|WI Short Sale Agent*)
Comments 0
Should You Compare Quotes from Various Agents for Home Insurance? Don’t be fooled by funny commercials and catchy slogans; insurance is quite complicated.  Varying levels of coverage, locations and other factors make insurance policies very different from one provider to the next.  That is why it...
By Michael Gross, Providing lending solutions not just loans!
(Dividend America Commercial Lending)
Comments 0
Bridge Loans for Distressed Commercial Real Estate are available for many different types of commercial real estate assets in major markets around the nation.  In New York City, New Jersey, Boston, Baltimore and othe major markets in the Northeast, bridge loans for distressed commercial real esta...
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 Bill Burchard, Broker, Realtor - Murrieta Homes For Sale, Califor
(3B Realty: BRE# 01864774)
Comments 0
Fixed Mortgage Rates Avg. 4.33% (30-Yr), 3.39% (15-Yr) for Week Ending 4/24/2014. 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 av...
By Richard & Beth Witt, Broker/Owner RE/MAX Wittney Estates Long Island NY
(RE/MAX Wittney Estates 516-795-6900 www.longislandrealestatesearch.com)
Comments 7
I think this is a great post... full of valuable information for all... not just buyers and sellers... I share it for all that have missed it... Great information to pass on... I just posted it in on our office page for all of our agents to review.. Thanks Gene...   What are the Requirements to Q...
By Robert (Vegas Bob) Swetz, Commercial & Residential Real Estate Agent
(REALTY ONE GROUP - LAS VEGAS, NEVADA 702.443.7156 )
Comments 9
  Believe it or not. I am hoping Interest Rates go up ;o)   Nobody really wants interest rates to go up, but when interest rates at low nobody wants to borrow money. And then when the rates go up, lenders will borrow money to anyone. For the last few years in Las Vegas Nevada, it was almost impo...
By Paul McFadden, Mortgage Loan Officer, Bellevue Washington Home Lo
(Alaska USA Federal Credit Union)
Comments 3
Another excellent post by my Active Rain colleague, Gene Mundt. People get approved in a variety of ways every day for a mortgage. Gene mentions everything here. Enjoy the read!   What are the Requirements to Qualify for a Home Loan Today?          Frequently I hear the question ...       "What a...
By Tammie White, TW Realty Group, Franklin TN
(Benchmark Realty, LLC (615) 495-0752 or www.TWRealtyGroup.net)
Comments 2
This is a question many Franklin TN home buyers ask. You should always get a pre-approval letter from a lender prior to beginning your home search. Ask your lender how long that pre-approval letter is good for. Keep in mind that should your employment status or financial situation change that wil...
By John Elwell
(CENTURY 21 Bill Nye Realty, Inc.)
Comments 0
Today, 4/10/2014,  Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.34 down from 4.41% last week. The average interest rate for 15 year fixed-rate mortgages was 3.38%, down from 3.47% last week. A year ago the 30 year rate was 3.43%. Freddie Mac's...
By Phil Stevenson, CRMP, Reverse Mortgage Expert in Miami and Florida
(PS Financial Services 786-586-3336 or 888-845-6630)
Comments 6
Who Should Get a Reverse Mortgage and "Why?" I find clients often worry about their heirs whenever they decide to move forward with a reverse mortgage, either because they wished to leave their home to their children or grandchildren or hoped that their children will be able to sell the home upon...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
The benefits of a preapproval (not prequalification) for Lee's Summit Home Loans A lot of consumers are not educated enough on how they should go about buying a home.   No question, this is a big decision, and one that can be either immensely stressful- or immensely enjoyable- depending on how yo...
By Amanda and Jared Christiansen, YOUR Fort Wayne Realtors, Century 21 Bradley.
(Century 21 Bradley (260)704-0843)
Comments 1
Gene is a lender in the great Chicagoland area.  He's always full of valuable information about loans and what it takes to qualify for a loan.  Here he explains the requirements today for qualifying for a home loan.   Keep sharing the valuable information Gene!     What are the Requirements to Qu...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 2
Spring has officially sprung and warmer weather will most likely bring a long anticipated increase for the housing market, which was stifled by extreme winter weather catching most of the nation's meteorologists off-guard.The National Association of Realtors announced that the difficult winter w...
By Deborah Nance, Southern California , Reverse Mortgage Specialist
(Orange County, Corona, Riverside, Los Angeles)
Comments 1
Orange County Reverse Mortgage Question -  Reverse Mortgages are Non-recourse loans - what does that mean?   Recourse and non-recourse are terms used in conjunction with mortgages that describe the options/procedures that the lender has available to use when a loan is not repaid according to the ...