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 Cheryl Powell, The Powell Team- Helping YOU make the right move!
(RE/MAX Executive Realty - The Powell Team)
Comments 22
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 John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 10
Luxury Buyers Need a Luxury Mortgage          For the first time since I've been in the mortgage industry, we're seeing  investors offer products to luxury home buyers at more competitive interest rates than buyers using conventional loan products.  While "luxury" is subjective ...
By Conrad Allen, Webster, Ma, Realtor
(Re/Max Professional Associates)
Comments 27
That money will last the government 3 seconds.  Why isn't it going to the mortgage holders whose lives were ruined?  These are the people who were forever harmed.  Their kids were forced to leave their home and schools.  The family's life style altered for years. Their hunt to find rental...
By Nick & Trudy Vandekar, Realtors - Selling the Main Line, PA Lic AB067198
(Long & Foster Real Estate Inc )
Comments 0
  Philadelphia Main Line Luxury Home Buyers Need a Luxury Mortgage If you are buying a luxury home on the Philadelphia Main Line and want a mortgage you need a luxury product. Obviously the most obvious choice is a jumbo loan, this is one over and above the limits of a Fannie Mae or Freddie Mac b...
By Lynn B. Friedman, REALTOR ATL BuckheadMidtownWestside 404.939.2727
(- - - Concierge Real Estate Services for YOU - - - Providing SERVICE for Sellers & Buyers is our BUSINESS)
Comments 8
Bank of America Reaches $16.65 Billion Settlement in Mortgage Probe     (Vulture)   Yes, that sounds like a lot of money - but is it an accurate amount? BofA has written off or sold many of the loans included in the settlement. In addition, "Soft Dollars" - that is, amounts booked as re...
By Markita Woods NMLS#190699, Queen of Mortgages - FHA, VA, Conventional, USDA
(WestStar Mortgage Inc NLMS#2925)
Comments 2
So you are ready to buy a home but have some challenges with your credit score? There is a quick way to raise your credit scores without paying off collections and charged off accounts. Now your woodbridge mortgage lender more than likely will require negative accounts be settled or removed but t...
By Eileen Burns, Real Estate Broker Ft Lauderdale/Miami/PalmBeach
(Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach)
Comments 0
When it comes to acquisition of luxury homes, all buyers do not use cash.  Below is a detailed wrap up of what is going on in the juimbo loan market today.  Plenty of opportunity to use OPM with favorable rates.  Luxury Buyers Need a Luxury Mortgage          For the first time since I've been...
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 44
Mortgage Loan Denied?  Get a 2nd Opinion!          When you work in the mortgage business for a period of years, no matter who you are, you run into scenarios where borrowers come to you - perfectly fine borrowers,  more than deserving of a loan - that have been denied at some other lender for so...
By Bill Kamboukos
(Strategic Mortgage)
Comments 34
  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...
Comments 0
Even if you're not about to apply for a mortgage   Even if you're not about to apply for a mortgage, your credit score eventually determines how much you pay life's major purchases.    Here's some tips, and if I can every answer any questions about real estate, or how to finance i...
By Lisa Delzompo, VA, FHA, Conventional
(PRW Lending, Inc)
Comments 1
How to Refinance from a Conventional Loan into a VA Loan - California VA refinance loans are usually used to stream-line from an original purchase loan that was VA into a new refinanced loan (called an IRRRL) to lower the interest rate.   Today, though, we're looking at refinancing a conventi...
By BILL CHERRY, William S. Cherry & No Co., Wealth Coach
(William S. Cherry & No Co., Wealth Coach)
Comments 3
   An economists' concept and term that everyone should be aware of and understand, at least by definition, is known as Broken Math. Broken Math refers to the fact that the US national debt has well surpassed the annual Gross Domestic product, resulting in massive deficit spending. That will ...
By Dee Toohey, Broker, ABR, AHWD, CIPS, FMS, ePro
(Innovative Realty Solutions Group)
Comments 6
Some of us have enjoyed using USDA financing for our buyers but the availability of properties eligible for this program is changing based on the latest census.  USDA mortages accepted before October 1, 2014 fall under the old map.  Afterwards, the new map will be in place unless Congress takes a...
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 19
I'm the best lender.  And the worst lender.          Over the years, I've received a lot of compliments on my mortgage business.  Thankfully, they've outnumbered the complaints by a lot.  Since entering the business in 2006, I've made it a point to constantly improve, evolve, adap...
By David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 10
I get the fact that most people are intelligent. I also get the fact that while they may be well educated and "experts" in their respective field they are NOT in ours and that poses a potential problem. Since the feds took over "nearly"  complete control of the lending world, ...
By Pete X-Investment to Luxury, Huntington Beach, CA -GRI-MCNE 714.459.2017 OCLister.com, Outstanding Agent Referrals-Nationwide
(X Group Real Estate Advocates )
Comments 2
Are You A Huntington Beach Home Owner In Distress? Keep your Surf City home!   It's always best policy to keep in contact with your mortgage provider when having difficulty in making payments.   Your mortgage company may have programs to help such as a forbearance/temporary payment deferment,...
By John Elwell
(CENTURY 21 Bill Nye Realty, Inc.)
Comments 0
Today, 8/21/2014,  Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.10% down a tad from 4.12% last week. The average interest rate for 15 year fixed-rate mortgages was 3.23%, down a little from 3.24% last week. A year ago the 30 year rate was 4.58...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
Tips for Getting a Hard Money Lender Arizona     If you are looking for a hard money lender Arizona or a Arizona private money lender  then you probably understand that these kind of Arizona hard money loans are the best kind of loans you can get. You are able to bypass the traditional loans from...
By Bruce Brown, Senior Loan Officer/CMPS
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 Phyllis Owens, Phyllis Owens, RE Services & Consulting
Comments 0
I participated in an ActiveRain Webinar just now on how to incorporate renovations with a purchase loan.  I had heard of the 203K loan program before but this webinar really provided so much more of the details on how the process works and with whom it will work.  PrimeLending.com was the present...