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 Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 2
When people are searching for a mortgage many of them have difficulty Understanding PMI.  So, we'd like to help you understand a bit more about how Premium Mortgage Insurance will affect your home loan.  (We're not called KC Loan Tips for nothin'!) Below you'll find a video of our local mortgage ...
By Bruce Brown, Senior Loan Officer/CMPS
(PrimeLending)
Comments 2
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 David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 6
Well today is starting off a bit rough on the old FNMA bonds and the 10Y treasury but DO NOT PANIC! I know there is likely to be some hedge going on for the non farm payrolls this Friday but I also do not see rates taking a hit this week and expect today's early losses to retrace and go back into...
By Tim Lorenz, 949 874-2247
(TIM LORENZ - Elite Home Sales Team)
Comments 5
3/1/2015 Home Values By Tim Lorenz For Mission Viejo   This week’s report on home values for Mission Viejo and surrounding areas homes is prepared by a Mission Viejo Realtor Tim Lorenz.  The report shows the Orange County Median Prices for resale homes were up 4.7 percent, for new homes up 9.3 pe...
By Erick Blackwelder, Text or call Erick now at 703-677-1120.
(Cell: 703-677-1120)
Comments 0
See a summary of home loan rates from McLean Mortgage Company below. RATES CHANGE DAILY. Preferred Rate SheetFebruary 26, 2015 Program Rate APR Loan Amount 30 Year Fixed 3.750% 3.782 ≤ $417,000 30 Year Fixed 3.875% 3.897 > $417,000 30 Year Jumbo 3.625% 3.634 > $625,500 15 Year Fixed 3.125% 3.182 ...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
We love answering questions about mortgages, and one of the most common questions we get before we start a pre-approval is What Documents Do I Need? and one of the ways we answer that question is by directing people to our YouTube Channel playlist called "Mortgage 1." It's a few short videos (lik...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
The last few weeks we've been tackling a lot of questions about the mortgage process and what it takes to get a home loan.  So, Today we'd like to unveil a great little youtube playlist that we created that answers many of the questions you're asking.  It's our Mortgage 101 series playlist over o...
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 Josh Gillum, Broker/Owner
Comments 1
Love this short, simple article we found at Realty Times about credit scores.  Basic info everyone should know! http://realtytimes.com/consumeradvice/mortgageadvice1/item/32954-20150220-credit-scores-explained   CREDIT SCORES EXPLAINED Written by Blanche Evans on Thursday, 19 February 2015 2:23 p...
By Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 1
When you give someone option money at the onset of a lease option agreement – you are going to have to prove you gave that money when you get a loan to buy that house. How do you prove it? If it’s certified funds you need to keep a copy of the certified check. If it was a personal check – you ne...
By yanni raz
(hml investments)
Comments 0
How To Get a Reverse Mortgage Reverse mortgages are a great tool for people looking to take advantage of the equity they have in their homes. Many seniors today are faced with a collection of financial strains resulting from the cloudy economic climate. A reverse mortgage is a type of mortgage in...
By Kristin Walter
(Summit Real Estate-The Simson Group)
Comments 2
I get this question a lot, so I decided to do my best to explain it.  When I hear "Why Can't I Get an FHA loan on my Ski Condo in Summit County?", my first response is to say that I am not a lender.  It is best to talk with a local lender to give you some insight.  I have a list of very reputable...
By Troy Erickson, Your Chandler, Ahwatukee, and East Valley Realtor
(Diverse Solutions Realty www.ChandlerRealEstate.weebly.com)
Comments 36
Nick and Cindy Davis have offered up some great advice on strategies to shave years off of your mortgage. Considering your mortgage payment will probably be the largest payment you will ever have, and the interest you pay on the loan will be a lot no matter what, this advice can be very beneficia...
By Lynn B. Friedman, Timesaving Strategies for Atlanta Sellers & Buyers
(Atlanta Homes ODAT Realty Call/Text 404-939-2727 Buckhead - Midtown - Westside -- Concierge Service)
Comments 3
Freddie Mac Preview of US Economic and Housing Market Outlook Feb 2015       Yes, the economists propose to predict the future. As time passes, we get to look back and see how close they were when the time period actually arrives. Len Kiefer, Deputy Chief Economist for Freddie Mac, offers this vi...
By The Tonnesen Team, Put a #1 Team to Work For You!
(Berkshire Hathaway Home Services Nevada Properties)
Comments 1
We finally found a reputable lender with low fees and good rates that can do foreign investor loans AND/OR loans on condo hotels. This is a "make sense" lender that can do portfolio loans outside the box. They also have non warrantable condos and condo hotel financing for US citizens with 20% dow...
By Rob Spinosa, Marin Mortgage Broker
(RPM Mortgage, Marin County, CA)
Comments 1
Need a Jumbo Loan?  Better Call in the Reserves   Here in the San Francisco Bay Area, and Marin County, where I'm located, we tend to see a lot of loan amounts that exceed the conforming and high balance conforming loan limits (respectively, $417,000 and $625,500, in most local metropolitan stati...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 7
Well with today's GDP numbers coming in less than expected I think today is the day we not only pierce 102 but we close above it. I would be shocked if we did not break and hold that for today. The economy is better and I don't think anyone can argue that point but there are still a lot of underl...
By Nick and Cindy Davis, CRS,CIAS,ALHS,e-PRO,CDPE,SFR,Realtor(R)
(RE/MAX Premier Group)
Comments 8
Just because you’ve got a 30-year loan doesn’t mean you have to spend 30 years paying it off. These tips can help you reach the finish line up to 10 years early. No one wants to spend longer making mortgage payments than they have to. The obvious way to pay off a mortgage faster is to get a short...
By Donald Payne
(Vision Realty)
Comments 2
How to Prevent Foreclosure in Columbus Ohio – Save the Dream! The state of Ohio has several programs to help with financial assistance, prevention of foreclosure and bankruptcy as well as hope for distressed borrowers. The Save the Dream Ohio foreclosure prevention effort offers financial assista...
By Gabe Sanders, Stuart Florida Real Estate
(the BlueWater Realty team specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 7
Gene Mundt knows about mortgages.  If you are buying a home and are relying on an on-line mortgage calculator to determine your payments, then this article is a must read for you.  It will most likely be inaccurate:   The Reason I Dislike Online Mortgage Calculators      There are real estate and...