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 0
Spring has officially sprung and warmer weather will most likely bring a long anticipated increase for the housing market, which was stifled by extreme winter weather catching most of the nation's meteorologists off-guard.The National Association of Realtors announced that the difficult winter w...
By Chris Freck, TheChrisFreckTeam
(International City Mortgage)
Comments 0
Rural Housing Home Buyer Assistance Ready to Own Your Own Home? Low to 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 Bob Thompson, Commercial & Residential, ALT-Doc & Stated Income Loans, (562)344-LOAN
(RMF Lending, Inc.)
Comments 0
Stated Income Stated Asset, Owner-Occupied, Second Home or Investment - HELOC  With no minimum FICO needed - just have no degrogatory credit in the last 12 Months! LTV 50% to $2,000,000 First Position Prime + 1% Floating Second Position Prime + 2% Floating I/O or 30 Yr. Amortization options Avail...
By Gene Mundt, Mortgage Lender - Chicago/Chicagoland Mortgages
(www.genemundt.com)
Comments 22
   AFTER Your Mortgage Closing: Keeping the Lines of Communication Flowing          This post, although specifically aimed at my mortgage clients, contains a message that can pertain to other service provider's customers too ...         The topic?  Communication!       Specifically, the lines of ...
By Bob Thompson, Commercial & Residential, ALT-Doc & Stated Income Loans, (562)344-LOAN
(RMF Lending, Inc.)
Comments 0
No minimum FICO! But no lates last 12 months. Stated Income Verified Assets Purchase or Refi your Primary, Owner- Occupied SFR, 1-4 or Condos also Second Homes and Investment Property  LTV 60% to $2,000,000 1 Yr. Fixed 4.000% - APR 4.137% 3 Yr. Fixed 5.250% - APR 5.327% Index, 1 yr. LIBOR 2/2/6 c...
By David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 10
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 Joe Orsak, Joe Orsak
(Improve My Credit USA)
Comments 2
If you pull your credit report, you will see that there is much more information there than many realize. It is important for you to know what information is included in your credit report so that you may properly handle that information. These are the sections of your report: Personal Identifyin...
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 Whitney Watson
(First Home Mortgage)
Comments 6
My first car was a 1979 hunter green Volvo (circa 1998).  I loved it!  Sure, I had to keep one foot on the gas and one on the brake at stop lights so that it wouldn’t cut off because it idled so low, but it had a brand new paint job and a cassette player which was all that mattered to me at the t...
By Bill Burchard, Broker, Realtor - Murrieta Homes For Sale, Califor
(3B Realty: BRE# 01864774)
Comments 0
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 David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 6
  While many make claims of all products to all borrowers ,or others like ourselves that allow for underwriting and common sense beyond simply a credit score, the bottom line is NO ONE Lender truly is a one size fits ALL shop. If you believe you qualify for a loan and would make a loan to someone...
By Whitney Watson
(First Home Mortgage)
Comments 1
Instead of liquidating the securities in your portfolio for a down payment, consider using a margin loan.  By borrowing against an existing portfolio, you can get around the tax liability involved in selling off your assets.  (For all of this to work, you will have to have money in your portfolio...
By Orson Klender
(Keller Williams Saratoga Springs)
Comments 0
We hope these charts help you buyers get off the fence!       The chart above shows today's current interest rates are below the 200 year average.  We can see the trend of interest rates spiking after a low, which we are in right now.  We cannot be sure when the spike will happen but the trend se...
By Whitney Watson
(First Home Mortgage)
Comments 0
When your home purchase or refinance closes within the first days of the month (within 4-10 days, depending on the investor), you have the option to do an interest credit.  That means your lender would credit you at closing with the days of interest for that month, and you would pay that interest...
By Whitney Watson
(First Home Mortgage)
Comments 3
As mentioned previously, closing costs typically range from 3%-6% of your loan amount. A closing cost estimate I priced today for a client for a loan amount of $200,000 was $7,100 (3.55% of the loan amount). In this scenario the client was not paying any points for the interest rate. The first op...
By The Real Estate Professionals
(Real Estate Professionals)
Comments 0
Credit Scores and Down Payment amount is like a teeter totter. The higher the score, the lower the down payment. The lower the score, the higher the down payment …. And interest rate. According to the REALTORS® Confidence Index Survey for February 2014, 60% of first-time homebuyers made a down pa...
By Jeff Pearl
(RE/MAX Distinctive / LIC in VA)
Comments 17
 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 Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 0
Spring has officially sprung and warmer weather will most likely bring a long anticipated increase for the housing market, which was stifled by extreme winter weather catching most of the nation's meteorologists off-guard.The National Association of Realtors announced that the difficult winter w...
By Jamie Lynne, usamortgageresource
(www.bartprequalifies.com)
Comments 0
For those VA borrowers who have experienced a short sale, foreclosure or bankruptcy IN THE PAST 2 YEARS, there are now options to purchase a home sooner than the waiting periods mandated by FHA, USDA and conventional lenders. Additionally, most lenders offering VA loans in New Jersey, are requiri...
By Valorie L. Ford, Valorie Ford & Co, Charlottesville/Albemarle Real
(Keller Williams Realty)
Comments 0
If you have tried to buy a home but have discovered that the lack of a substantial credit history is preventing you from being approved for a home loan you are not alone.  This situation is very common for 1st time home buyers, especially younger people in their early 20’s. The only solution to ...