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 71
  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 Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 2
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 Joan Cox, Denver Real Estate - Selling One Home at a Time
(Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373)
Comments 25
 Pull your Credit Report - Make Sure it is Accurate     I don't think it is the right timing to buy a home, I think we have a low credit score. Why miss out on interest rates remaining below 5% --- pull your own credit through www.annualcreditreport.com and see where you are at.     This is a...
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 6
Fannie Mae Guideline Changes - Seasoning on Mortgage in Bankruptcy            In a rare event of loosening guidelines, Fannie Mae has issued guidance on changes that will have a positive impact on people who have had a mortgage included in a bankruptcy.           In the past, if a mortgage was in...
By Bill Kamboukos
(Strategic Mortgage)
Comments 32
  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 Karen Fiddler, Broker/Realtor, Laguna Beach & Lake Arrowhead, CA (949)510-2395
(HOM Sotheby's Intl Realty, 949-510-2395)
Comments 3
The past few years many home owners found themselves in the position of selling their home as a Short Sale. Regardless of whether it was caused by a job loss, personal problem or negative equity, the decision to do a Short Sale was a hard one. But for many it was also a good step towards financi...
By Karen Fiddler, Broker/Realtor, Laguna Beach & Lake Arrowhead, CA (949)510-2395
(HOM Sotheby's Intl Realty, 949-510-2395)
Comments 63
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 Chris Freck, TheChrisFreckTeam
(International City Mortgage)
Comments 0
Rural Housing Home Buyer Assistance Ready to Own Your Own Home? Low - Moderate Income Household? Live in a Rural Area? Rural Development May Be Able to Help Check out this special video USDA Rural Housing Loans ♦♦     No Down Payment Required ♦♦     No Pre-determined Purchase Price Limits*  ♦♦   ...
By Jill Winchel, Your Middle TN Realtor, Specializing in Brentwood
(SilverPointe Properties 615-504-1185)
Comments 2
  Want to pay off your mortgage sooner? Think bi-weekly payments is the way to go? You may think so at first but after reading David Shamansky's post you will think twice before signing up for this 'service'. He has some great advice at the end of the post so make sure you read all th...
By Michele Cadogan, 917-861-861 - Brooklyn Real Estate Home Sales
(Fillmore Real Estate)
Comments 1
Looking For A Job in New York State There are plenty of jobs available throughout the state of New York for more details visit Working in New York State
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 Valorie L. Ford, Valorie Ford & Co, Charlottesville/Albemarle Real
(Keller Williams Realty)
Comments 1
It is very important to know what to expect when you are buying a home. Although different banks and lenders often advertise their lowest percentage rate to get the attention of home buyers not everyone qualifies for this. So how does the bank determine what rate loan you do qualify for when pur...
By Donald Horne, Associate Broker, Oxford / Lapeer Homes
(Coldwell Banker-Shooltz Realty)
Comments 0
Freddie Mac reports these statistics to RealtorMag in the 07/25/2014 issue, Mortgage Rates Hover Near Yearly Lows, in its weekly mortgage market survey... Fixed-rate mortgages remained mostly unchanged this week, with borrowing costs just slightly above their lows for 2014, Freddie Mac reports in...
By Nick Walton, Call 469-556-2393
(JP & Associates REALTORS®)
Comments 1
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 Chris Thomas
(The Mortgage Experts at America's Mortgage, a Division of Cherry Creek Mortgage Co.)
Comments 139
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 Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 1
I wanted to give you a little insight on how the mortgage world treats part time income. An underwriter will want to see that you have a two year stream of this part time income before they give you credit for it. …So, in other words if a loan officer tells you that you need more income – you can...
By David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 8
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 John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, FHA, 203(k), USDA, VA, Jumbo loans)
Comments 1
Monday Market Forecast - July 21 - August 1, 2014          In my Friday Market Wrap's, I promised that a Monday forecast on the market and interest rate directions would come, so consider this post me finally throwing myself to the wolves.  With the levels of volatility in the marketplace, I&...
By Nick Walton, Call 469-556-2393
(JP & Associates REALTORS®)
Comments 1
Are Pre-Qualifying & Pre-Approval Different? Do you know what the difference is between getting Pre-Qualified and being Pre-Approved? When making or accepting an offer on your Frisco TX home it is important to know the difference between the two and how it effects the offer. For more informat...
By Rick Cignoli, Sr. Mortgage Consultant
(Norcom Mortgage)
Comments 0
Knowing when to think about buying a home can be challenging. You may not know what to consider when making the decision and it can be hard to think long-term. Here are some Questions First Home Buyers Should Ask themselves to determine if now is the right time to begin the home-buying process A...