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 56
I am writing this post in a state of shock. I can overcome many a issue and or circumstance but some things are simply too much. Today's scenario was one of those situations. One of my purchase borrowers called and emailed me before I got in the door (Thanks to the very heavy traffic). I called h...
By Nina Hollander, Your Charlotte/Waxhaw/Fort Mill Area Realtor
(RE/MAX Executive Realty/Charlotte, NC)
Comments 2
Have you ever wondered how long your mortage pre-approval is good for? Have you ever wondered why your Realtor tells you that a year-old pre-approval is not sufficient to submit to a home seller with an offer to purchase? Read John Meussner's article below explaining why mortgage pre-approvals mi...
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
Comments 13
IF HER STORY IS TRUE!!! Don't be shocked that I would say that.  Fact is, I've heard it before and it never turned out to be fact. So, IF her story is true, the management of that bank should know that the bank's employee is giving bad advice to clients/customers.  In fact, IF her story is true, ...
By Gene Mundt, Mortgage Lender - Chicago/Chicagoland Mortgages
(www.genemundt.com)
Comments 6
    John Meussner, Total Mortgage Services LLC, Costa Mesa, CA consistently offers solid mortgage advice via his blog here on ActiveRain.  The post below is yet another great example of that fact. John Meussner provides great examples and detailed information as to why Pre-Approvals have a "shelf...
By Bob Thompson, Commercial & Residential, ALT-Doc & Stated Income Loans, (562)344-LOAN
(RMF Lending, Inc.)
Comments 0
ALT-Doc Loan - 12 Month Bank Statement Averaging Loan for Self-Employed MUST be self-employed for at least the last 2 years. 3, 5,7 and 10/1 ARM's, 30 years amortization. Rates from the high 3's. Borrow up to $4M for a purchase or rate and term refinance (LTV restrictions apply, up to 80% LTV). C...
By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - BRE #01368971)
Comments 0
Interest rates for buying a home on the Palos Verdes Peninsula declined slightly this week.The following are excerpts from the newsletter on interest rates published by HSH Associates : "Thirty year fixed mortgage rates managed to return to 2014 lows this week, but there are sufficient signs arou...
By Bill Burchard, Broker, Realtor - Murrieta Homes For Sale, Califor
(3B Realty: BRE# 01864774)
Comments 4
Fixed Mortgage Rates Avg. 4.27% (30-Yr), 3.33% (15-Yr) for Week Ending 4/17/2014. 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 Jeff Pearl
(RE/MAX Distinctive / LIC in VA)
Comments 20
 Sometimes a buyer seems a little hesitant to talk about there mortgage pre-approval situation when I first start working with them. After all, we just met by phone or in person, and they could still be shopping for an agent. I will initially start showing them properties, but during that process...
By Gene Mundt, Mortgage Lender - Chicago/Chicagoland Mortgages
(www.genemundt.com)
Comments 9
Just Like Your Underwear: Credit Needs to be Freshened-Up, Scrubbed, Updated, Fluffed & Changed           Everything needs to be "freshened up" once in a while.  It needs to be given a trim.  Updated.  Fluffed.  Scrubbed-up.  Changed or re-arranged.     Credit is no different ...       But stop ...
By Kevin Kueneke, San Diego Mortgage Banker
(Carlsbad CA Mortgage Banker, Mann Mortgage)
Comments 0
San Diego CA - Mortgage Rates heading into the Easter Weekend were higher than at the beginning of the week.  Those clients that chose to float instead of lock may have seen the interest rate on their specific loan scenario rise by as much as 0.25%.  So what does this mortgage rate increase mean ...
By Maggie O'Connell, HECM and Jumbo Reverse Mortgage Rep, Nationwide
(The Federal Savings Bank, Reverse Mortgages)
Comments 2
US Home Price Comparison Maps  States where seniors are using Reverse Purchase Mortgages Comparing the two maps below provide a good look at where we are today with where we were before the housing crash. For seniors looking to tap into there equity with a Reverse Mortgage, it's clear the recover...
By Tammie White, TW Realty Group, Franklin TN
(Benchmark Realty, LLC (615) 495-0752 or www.TWRealtyGroup.net)
Comments 0
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 Tammie White, TW Realty Group, Franklin TN
(Benchmark Realty, LLC (615) 495-0752 or www.TWRealtyGroup.net)
Comments 0
Maintaining good credit is a constant work in progress. It's important to monitor your credit by getting a copy of your credit report at least once a year. You should be aware of what balances you owe on credit cards and their interest rates. I was able to refinance a couple of years ago and take...
By Elise Harron, Rural Vacant Land and Development Specialist
(Dirt Road Real Estate)
Comments 2
8209 E Burnell Dr Kingman, AZ 86401 Reduced 20K Bedroom on 38 Acres East of Kingman Price : $44,900 Bedrooms : 3 Bathrooms : 2 Square Foot : 2,124 Lot Size : 38 Acres County : Mohave Property Type : Single Family Year Built : 1998 MLS Number : 880909 click for more information and pictures Prope...
By Elise Harron, Rural Vacant Land and Development Specialist
(Dirt Road Real Estate)
Comments 2
  Lot 71E Stagecoach Dr Kingman, AZ 86401 9.72 Acres at the Highly Desired Lazy Y-U Ranch Price : $44,900 Lot Size : 9.72 ACRES Community : Lazy Y-U Ranch County : Mohave Property Type : Vacant Land MLS Number : 883152 click for more information and pictures Property Description OWNER FINANCING- ...
By Elise Harron, Rural Vacant Land and Development Specialist
(Dirt Road Real Estate)
Comments 0
19202 E MESA VIEW TRL Kingman, AZ 86401 Steel Home, Garage 38 Acres Willow Creek Best Buy Price : $165,000 Bedrooms : 1 Bathrooms : 1 Square Foot : 1,000 Lot Size : 38 Acres County : Mohave Property Type : Single Family Year Built : 2008 MLS Number : 872876 click for more information and picture...
By Elise Harron, Rural Vacant Land and Development Specialist
(Dirt Road Real Estate)
Comments 1
4495 E Mule Shoe Dr Kingman, AZ 86401 Custom 2958sf 2010 Lazy Y-U Home 11 Acres Best Buy Price : $319,900 Bedrooms : 3 Bathrooms : 2 Square Foot : 2,958 Lot Size : 11 Acres Community : Lazy Y-U Ranch County : Mohave Property Type : Single Family Year Built : 2010 MLS Number : 882662 click for mo...
By Elise Harron, Rural Vacant Land and Development Specialist
(Dirt Road Real Estate)
Comments 0
  3187 E Bandit Way Kingman, AZ 86401 Lazy Y-U Custom 4 Bed 3 Garage Barn Back on Market Price : $352,900 Bedrooms : 4 Bathrooms : 2 Square Foot : 2,067 Lot Size : 10.75 ACRES Community : Lazy Y-U Ranch County : Mohave Property Type : Single Family Year Built : 2007 MLS Number : 883685 click for ...
By Elise Harron, Rural Vacant Land and Development Specialist
(Dirt Road Real Estate)
Comments 0
Sec 15 Branding Iron Ave Kingman, AZ 86401 Section 640 Acres Lazy Y-U Ranch, Kingman, AZ Price : $900,000 Lot Size : 640 Acres Community : Lazy Y-U Ranch County : Mohave Property Type : Vacant Land MLS Number : 872986 click for more information and pictures Property Description Once in a lifetim...
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
Comments 46
One Problem With Online Consumer Home Search Sites Is Price Range. Most home buyers do NOT understand the nuances of computing a home price range.  Of the many prospective buyers I qualify, most have no idea of what goes into a price range.   Should buyers dictate the price range for their home s...