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 Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Keller Williams Commerce)
Comments 5
As realtors we sometimes miss the news about mortgages and sometimes need a re-cap of what some of the mortgage programs are like.  Lillian has put out the basics of VA mortgages which I think are becoming more popular because of the larger number of veterans we have now. VA loans offer very attr...
By Bruce Brown, Senior Loan Officer/CMPS
(PrimeLending)
Comments 0
Below is the daily mortgage market and interest rate commentary from Bruce Brown of PrimeLending and host of Dollars and Homes on KCMO Talk Radio 710 in Kansas City. 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 3
Where are rates heading today and the rest of this week? In all likelihood, mostly sideways (meaning not much in the way of gains or losses) After a foolish mini sell off on Friday last week the market rallied some yesterday fro less than stellar economic numbers. If I sound like a broken record ...
By Gary Miljour, Mortgage Lending for Arizona and California
(Starboard Financial)
Comments 1
    Current Promotion: Starboard Financial is currently running our special S.O.S. Promotion.  This promotion waives all of our processing and underwriting costs ($1,390 Savings) on all refinances for a limited time through 4/30/2015. All refinance products; including streamline, rate/term, and ...
By Diane Beaumont, USDA,FHA,Jumbo,VA Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 1
While there are differing schools of thought when it comes to whether or not a person should pay off a mortgage before the loan term ends, there may be some benefits to making payments on a bi-weekly basis as opposed to monthly basis. Here are three reasons why you should ditch the monthly fees a...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
Maybe you weren't expecting it, your credit slipped, something happened and now you're waiting after a bankruptcy wondering if you can buy a new home?  The good news is that having a bankruptcy doesn't end your dreams of owning a house, however it may delay them by a few years.  A Realtor in the ...
By Brian Heckman, Brian Heckman- Florida Mortgage Lender
(The Heckman Group)
Comments 0
   The Mortgage Bankers Association announced in late February that housing is poised for stronger growth in 2015. Yet mortgage interest rates remain low. Should you lock in a rate now or see what happens?      That depends on your tolerance for risk. Despite a positive outlook for the economy, r...
By Bruce Brown, Senior Loan Officer/CMPS
(PrimeLending)
Comments 0
Below is the daily mortgage market and interest rate commentary from Bruce Brown of PrimeLending and host of Dollars and Homes on KCMO Talk Radio 710 in Kansas City. To view my daily blog please visit my website at www.dollarsandhomes.com/blog.  
By Chris Goulart, California Hard Money Loans & Solutions
(All California Lending)
Comments 0
Specializing in California hard money loans I have a pretty good pulse on the products that are available these days.  Recently we have gained access to a tremendous hard money apartment loan product that can bring rates in at the single digit level as well as fund up to 75% loan to value.  With ...
By Lillian Wong, 480.650.5412 NMLS 630337
(Lillian Wong and Associates - Scottsdale Arizona @ Prospect Mortgage BK0903027)
Comments 1
VA loans offer very attractive benefits for our veterans and active military members and eligible spouses. Whether clients are first-time buyers or re-using VA benefits, this flexible, low-cost loan can accommodate a variety of situations. Highlights include: 100% financing on purchases up to VA ...
By Bruce Reichstein, VA & FHA Home Loan Expert +26 yrs
(Founder of VALoans.com, FHALoan.com)
Comments 1
We get many questions and comments about FHA home loans where FICO scores are concerned. Some borrowers seem to have doubts about whether or not they can qualify for an FHA mortgage loan or refinance loan because of their FICO scores and other financial qualifications. Consider this recent reader...
By Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 0
Sometimes the difference between getting an approval on your loan or not comes down to what documentation your loan officer decides to leave out of a loan submission. I’ll give you an example… Let’s say you work a regular job, and at the end of the year you get a W-2. Now let’s say last year you...
By Donald Horne, Associate Broker, Oxford / Lapeer Homes
(Coldwell Banker-Shooltz Realty)
Comments 0
This weeks article from Craig Donofrio in the current Housing Trends eNewsletter titled, You Could Get 3 Big Tax Breaks - If You Buy a Home in 2015 ... So you didn’t buy a house last year. That’s OK—you haven’t missed the boat yet on low mortgage rates or a healthy inventory of homes. In many way...
By Troy Erickson, Your Chandler, Ahwatukee, and East Valley Realtor
(Diverse Solutions Realty www.ChandlerRealEstate.weebly.com)
Comments 46
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 Bruce Reichstein, VA & FHA Home Loan Expert +26 yrs
(Founder of VALoans.com, FHALoan.com)
Comments 1
If you have never applied for an FHA appraisal-required refinance loan before, you probably have plenty of questions about program basics. How long can the new loan be? Can I re-use a previous appraisal? What is the maximum loan amount? The answers to these questions can be found in HUD 4155.1 Ch...
By Nevin Williams, Raleigh Mortgage Pro
(Sierra Pacific Mortgage Raleigh)
Comments 3
PMI is an insurance policy.  The letters stand for Private Mortgage Insurance.  This insurance policy pays a lender for financial losses in the event a home is foreclosed. If you had a small down payment and foreclosed the lender would suffer huge losses. Homes with 20% or more in equity usually ...
By David Leonard
(Inlanta Mortgage)
Comments 0
VA mortgage loans in Waukegan operate in very much the same way as an FHA mortgage does, the big difference is that they are provided to veterans only. Waukegan VA loans are designed as guarantees that allow veterans and service personnel to qualify for a home mortgage that require lower closing ...
If you are considering a Northbrook, Illinois home loan refinance, the first steps are to determine your short and long term goals and then to evaluate the different types of home refinance loan programs available. Refinance loans are available to obtain better interest rates and terms on your ex...
By David Leonard
(Inlanta Mortgage)
Comments 0
FHA loans in Glenview are available to $410,000 thru the end of 2008.Glenview FHA mortgage loans are available to anybody but are used most often by first time home buyers and low- to moderate-income buyers. FHA loans are insured through a combination of a small upfront mortgage insurance premium...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 8
Well today ends an interesting up and down week only to bring us about 50bps below the highs hit on Tue/Wed. Currently the FNMA 3.0 coupon is trading at 101.906 and I do expect it to close at the 102 level where there is a lot of support recently. I get the rah rah rah cries and market attempts t...