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 12
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 Shannon Milligan, Richmond VA Real Estate Agent, RVA Home Team - Winning with Integrity.
(RVA Home Team with Jefferson Properties)
Comments 45
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 Karen Fiddler, Broker/Realtor, Laguna Beach & Lake Arrowhead, CA (949)510-2395
(HOM Sotheby's Intl Realty, 949-510-2395)
Comments 61
Chase Bank and The Widow: A Success Story   I occasionally go to dinner with a few other widows in my area. I am not a regular attender as for me it's best to move on from these kinds of labels and limitations. I have become good friends with one of the ladies in the group. We share a simila...
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 Gene Mundt, Mortgage Lender - Chicago/Chicagoland Mortgages
(www.genemundt.com)
Comments 19
The ABC's of DTI's  (Debt-to-Income Ratios)          Definition of Debt-to-Income Ratio:   The figure that represents how much of your income is spent repaying your recurring monthly debts.  The HIGHER your Debt-to-Income Ratio is, the more of your monthly income is being devoted to payi...
By Chris Freck, TheChrisFreckTeam
(International City Mortgage)
Comments 1
Rural Housing Home Buyer Assistance Ready to Own Your Own Home? Low - Moderate Income Household? Live in a Rural Area? Rural Development May Be Able to Help Check out this special video USDA Rural Housing Loans ♦♦     No Down Payment Required ♦♦     No Pre-determined Purchase Price Limits*  ♦♦   ...
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 0
Weekly Wrap - Your Mortgage Market Update     July 21-25, 2014          Finally!  I'm delivering on a Friday, as was originally intended & promised.  If all goes well (aka, I'll try!) these reports will be a consistent place to check the direction and trends for interest rates and th...
By Andrew Sherant, Realtor of the Google age, like an app but better!
Comments 0
If you are an entrepreneur or a small business owner, you probably know that there are a lot of advantages to this lifestyle – the freedom, the exciting challenges, the opportunities and the ability to make a living doing what you love. However, you also know that being a small business owner can...
By Robert (Bob) Gilbert, Your Katy TX Real Estate Expert
(Berkshire Hathaway HomeServices Anderson Properties)
Comments 2
Home Equity Refinancing Tip in USA Weekend     Picture taken by and copyrighted by Bob Gilbert with all rights reserved. New home in Old Town Katy. I found this interesting article on USA Weekend written by Robert Powell. The question asked is whether a homeowner should refinance their Home Equit...
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 Conrad Allen, Webster, Ma, Realtor
(Re/Max Professional Associates)
Comments 12
That is a great question.  I suppose interest rates could go lower but not enough to make a huge difference on your payments.  When your interest rate is fixed your principal and interest payment does not change over the life of the loan.  The cap is usually 5% on these variable loans.  So if you...
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 2
Newtown Square, PA Mortgage            Newtown Square, PA is a suburb of Philadelphia located in Delaware county, considered by most people to be a part of the Main Line.  Less than 15 miles from Philadelphia, Newtown Square maintains a small town "main street" feel.  There are many sm...
By Gene Mundt, Mortgage Lender - Chicago/Chicagoland Mortgages
(www.genemundt.com)
Comments 58
  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 Tammie White, TW Realty Group, Franklin TN, South of Nashville
(Benchmark Realty, LLC (615) 495-0752 or www.TWRealtyGroup.net)
Comments 0
In the last several years, it has become more difficult to secure a home loan. Having a lender who really communicates the process well is so important. Below is an excellent explanation of debt-to-income ratios. You'll find this information quite valuable as you maneuver the home buying proc...
By David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 5
On top of the commonly known items not paying your bills costs you , like higher rates, late fees, potential for filing fees and court costs (if it goes that far) potential for not being able to get a loan, difficulty even getting an apartment one of the lesser known costs comes at time of clean ...
By Bill Burchard, Broker, Realtor - Murrieta Homes For Sale, Califor
(3B Realty: 951-347-3818, CA)
Comments 1
Fixed Mortgage Rates Avg. 4.13% (30-Yr), 3.26% (15-Yr) for Week Ending 7/24/2014. 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 Randi Brammer, Accountant & Tax Preparer
(Randi Brammer, Acctg.)
Comments 4
Those of you who filed for an extension of this years returns...the time is near. You have about 3 weeks to get filed and calanders are starting to fill up. Step one is to call your tax preparer and set up an appointment.  That gives you a deadline. If you wait and do it tomorrow...Well, tomorrow...
By Dale Samples, REALTOR -Homes for Sale Charleston, West Virgini
(304.741.4705 • www.dalesamples.com )
Comments 1
Why Are Lenders So Meticulous? Give Me My Money Already!! Why are lenders so darn difficult to get along with? You found the perfect house and just need MegaNational Bank to fork over some dough so you can get moved in and start picking out drapes. Every day it feels like they need this documente...
By Cindy Edwards, CRS, GRI, PMN - Northeast Tennessee - 423-677-6677
(RE/MAX Checkmate)
Comments 1
Tim explores pre-approving buyers and what the 3 main things they look at.  It's interesting to listen to this casual take on how Tim can take the buyer and really educate them.  I was truly impressed and amazed talking to Tim.  he is very calm, thoughtful and has the heart of a teacher.  No ...
By Cindy Edwards, CRS, GRI, PMN - Northeast Tennessee - 423-677-6677
(RE/MAX Checkmate)
Comments 4
This is a continuation of a series a mortgages.  Tim Arrowood, from Peoples Home Equity in Johnson City Tennessee, has joined us for a month long series on different points, angles, views of mortgages out in the market today.  Last week we talked about being pre approved.  This week we are discus...