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 Marti Steele Kilby, Broker/Owner, San Diego, CA
(Steele Group Realty)
Comments 21
We’ve all seen the promotions, especially popular with furniture stores:  0% interest for one or two years – just make a minimum monthly payment.  If you have decent credit, you qualify and this can be very enticing if you are a bit short on cash but really do need some furniture. My youngest da...
By Bruce Brown, Branch Manager/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 and Berna Sloan, Tooele UT
(Group 1 Real Estate)
Comments 0
Tooele UT Mortgage Payments   Components Of Tooele UT Mortgage Payments It is important to find out components of Tooele UT recurring mortgage payments to properly estimate home ownership expenses. The acronym PITI is commonly used to remember the components, which are principal, interest, taxes,...
By Spirit Messingham, Third Generation Full-Time Realtor® 520 471-6900
(Tierra Antigua Realty)
Comments 11
Effective with loan applications dated 8/1/2015 or later, new federal disclosures will be mandatory. The Loan Estimate will combine the existing Good Faith Estimate and the Truth-in-Lending forms and is unlikely to create any major changes for real estate transactions. The Closing Disclosure repl...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 5
Well let me start off  with a Happy Cinco de Mayo to everyone.While this is a big day of celebration for many, the markets are certainly not liking what they are seeing from data coming in and this headache is not from too many margaritas.With the US at the largest trade deficit, up over 16B from...
By Shanna Day Mega Team Leader (AZ & UT), BUY or SELL Your Home FAST w/The Shanna Day Team!
(Keller Williams Realty EV (AZ) & Keller Williams SLC (UT))
Comments 1
FAQs for Close of Escrow Changes Effective August 1, 2015 By now, you might have formed some questions about the new Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA) Disclosure rules which will become effective August 1st, 2015. Below are some the most frequently ...
By Chris Thomas
(The Mortgage Experts at America's Mortgage, a Division of Cherry Creek Mortgage Co.)
Comments 151
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 James Murr, www.cortiersrealestate.com
(Cortiers Real Estate)
Comments 1
If you are thinking about making a large purchase such as a home, your credit score is very important. Your credit score determines whether or not you will qualify for the loan you may need to buy the home. You may be thinking, I’m not sure that my credit is up to par. Here are some ways to help...
By Mike Rigley, Your go to Real Estate Specialist
(Real Estate Specialist - Keller Williams Realty)
Comments 0
Can I Buy a Rental Property With a VA Loan? – Home Benefits for Heroes Saving Program Mike and Jennifer Rigley (buyers) 916.378.4671 / (sellers) 916-660-5823 Info@RigleyRG.comWhat’s My Sacramento Home Worth?Please call us to discuss your potential Home Value in Sacramento, CA 916-660-5823. Click ...
By Gretchen Conley, Howard County MD Real Estate
(Long & Foster Real Estate, Inc.)
Comments 0
0% financing has induced car buyers into taking the plunge because it doesn’t cost anything to use someone else’s money. While mortgage rates are not at zero, they’re close enough that many buyers are applying similar logic. Qualified mortgage interest is deductible on taxpayers’ returns subject...
By Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 2
I love realtors!I love working with them, and helping them with their clients.…so, I wrote a report for all you realtors out there!It’s titled: How Realtors Can Sleep Better At Night, Have Less Stress, And Have More Cash In The Bank.Here’s the link.That’s it for today!Have a good day! …and thanks...
By Rob Spinosa, Marin Mortgage Broker
(RPM Mortgage, Marin County, CA)
Comments 7
"Will Refinancing Cause My Property Taxes to Go Up?"   Because the current interest rate environment remains conducive to refinancing, a concern that some have about taking action stems from confusion related to how their property taxes are determined, and specifically the question, "Will refinan...
By Karen Schimpf
(Commercial Capital Ltd.)
Comments 0
Loan Amounts:    $100,000 to $5,000,000Property Types:   Apartments, Mixed Use, Office, Retail, Warehouse, Self Storage,                              Mobile Home Parks, Automotive ServicesLoan Purpose:     Purchase,  Refinance, Cash-out RefinanceGive me a call today to discuss your deal at 512-65...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 6
We live in a world where instant gratification is everything, but the home loan process takes time, so we'd like you to know The 4 Biggest Mortgage Mistakes that can slow down the process. 1. Lying.This should be pretty obvious but it never fails that someone doesn't fill us in completely on thei...
By Cheryl Powell - The Powell Team, Concord,Harrisburg & Charlotte NC Area Real Estate
(RE/MAX Executive Realty - The Powell Team)
Comments 47
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 Debra B Albert PA Team Albert, KW Port St. Lucie, We Make Real Estate Happen
(Keller Williams Realty)
Comments 1
   THE Smart Way to Buy and Renovate a Home Normally about 16% of the homes for same are bank-owned or short sales and housing affordability is at a historical high.  Actually there has never been a better time to buy a home. Bank owned properties and short sales are hard to sell.  Often the prio...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
If you have bad credit, you will most likely find yourself unable to secure financing for a home mortgage through a bank. Most likely you will need to find an alternative Arizona bad credit mortgage lenders that specialize in bad credit and subprime home loans. All bad credit lenders are not crea...
By Bruce Brown, Branch Manager/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 Maggie O'Connell, Experienced Reverse Mortgage Professional
(The Federal Savings Bank, Reverse Mortgages)
Comments 2
When Applying for a Reverse Mortgage, Be Prepared forFinancial Assessment QuestionsUnderstanding the New Reverse Mortgage GuidelinesPotential Reverse Mortgage Borrowers will now be asked numerous questions to determine qualification under the new Financial Assessment Guidelines.  Below is a list ...
By Diane Beaumont, USDA,FHA,Jumbo,VA Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 2
If you are like many other homeowners, your home mortgage payment is the single largest expense in your monthly budget. This is a fixed expense that you will typically be responsible for until your loan is paid in full or until you sell your home.If your home mortgage payment has become unafforda...