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 51
  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 0
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 Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 1
BOOST YOUR CREDIT SCORE Las Vegas, NV  BOOST YOUR CREDIT SCORE Las Vegas, NV Credit improvement and Score increase in Las Vegas, NV CMO gives you more affordable, guaranteed, faster service, so that people everywhere will have the magic of the good credit with them all the time. Check BOOST YOUR ...
By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 2
  Visit our Website http://www.boostyourcreditscore.info  Visit our Website http://www.boostyourcreditscore.info Getting Approved this Summer is Easy with our ABC, 123 Money back guaranteed services. In 30-90 days or less you will see results, whether you live in St Louis, Las Vegas, Orlando, Cal...
By Bill Kamboukos
(Strategic Mortgage)
Comments 29
  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 Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 1
When you're buying a home in Lee's Summit Missouri, there are the usual things you know you'll need in your new home. Water, toilet paper, a tool kit, a first aid kit, batteries - these are the givens. But there are other things you might not have thought about. Things that can serve ...
By Steve and Eleanor Thorne, Mortgage Loan Johnston County
(River Community Bank, NA NMLS 60596)
Comments 1
Veterans who are interested in buying a new home in 2014 are in luck!  The mortgage interest rates are still very low, and the price of housing in North Carolina is very affordable.  There are predictions that VA Loan Rates 2014 will go as high as 5% before the end of the year!  Because of Legisl...
By David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 15
OK this post is inspired because a good AR friend of mine (Roger Mucci) wrote a post about difficulty with a budget matching paydays, so here you go. I don't run into this often but when I have I have made this suggestion to those who have truly appreciated the tip. So let me set the stage......
By PrimeLending, A PlainsCapital Company
Comments 0
You’ve probably heard about all the data breaches that seem to be happening more often. To help you better understand breaches and what you can do if it happens to you, PrimeLending has teamed up with LifeLock® to bring you important information on identity theft protection.   LifeLock recommends...
By David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 6
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 Chris Thomas
(The Mortgage Experts at America's Mortgage, a Division of Cherry Creek Mortgage Co.)
Comments 137
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 Lori Blank, Lori Blank & Associates, LLC
Comments 0
  If you’re thinking of buying a home, you’ve probably been thinking a lot about your credit score as well. Credit scores control so much of what we do in the world of finances, but what does your credit score really have to do with your mortgage? Here are three ways that your credit score could...
By Gene Mundt, Mortgage Lender - Chicago/Chicagoland Mortgages
Comments 59
  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 mort...
By Stephen Skakandy, Expert Communicator, Skilled Facilitator, High Spe
(Neighborhood Homes & Realty)
Comments 2
Great post from David Shamansky about how to handly DTI issues if you're having trouble qualifying. As he points out, the technique for qualifying is counterintuitive, but "he who has the gold, makes the rules." Many buyers, and Realtors too, dont realize that in the world of lendin...
By Karen Fiddler, Broker/Realtor, Laguna Beach & Lake Arrowhead, CA (949)510-2395
(HOM Sotheby's Intl Realty, 949-510-2395)
Comments 1
I like to present myself as a resource to my clients. The way I accomplish this is to continue to educate myself on ideas and programs. I have to admit that I did not realize you can use a delayed financing options for cash purchases. Typically buyers must wait 6 months to do any kind of refinan...
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 21
What is Delayed Financing?  How is it used?   What is delayed financing?        'Delayed financing' is an exception to traditional cash-out refinance guidelines for conventional loans.  It is a cash-out transaction involving a property that was purchased in the past 6 months.  For those t...
By Orson Klender
(Keller Williams Saratoga Springs)
Comments 1
QUOTE OF THE WEEK... "I've had a lot of worries in my life, most of which never happened."--Mark Twain, American author and humorist INFO THAT HITS US WHERE WE LIVE... A big worry for some is that the housing recovery will collapse and people of that persuasion felt they got some su...
By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Comments 2
Gene Mundt, shared this wonderful classic post that can be used many times over. The array of details and data will surely benefit you and your present or future clients. It is detailed and right to the point. It should also help with any gray areas, to give you an upper hand with this competiti...
By Shannon Milligan, Richmond VA Real Estate Agent, RVA Home Team - Winning with Integrity.
(RVA Home Team with Jefferson Properties)
Comments 50
Buying a Home While Self Employed This year my husband and I decided to purchase another investment property. If you have been reading my blog, you know we have purchased 8 properties over the last 14 years. In most of those cases the mortgage has gone into my husband's name simply because I ...
By Mark Taylor Mortgages, 602-361-0707 #MarkTaylor #Awesomerates NMLS#207897
(and for 1st Time Buyers, Move Up Buyers & Investors )
Comments 0
Mortgage News For The Week Of July 28, 2014     Last week’s economic news brought several housing-related reports, which indicated varying results in terms of gauging the economic recovery. FHFA reported slower growth of home prices associated with Fannie Mae and Freddie Mac mortgages, but sales ...