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 Lisa Davies
(Online Buzz)
Comments 1
Are you looking to find the best and reliable car towing service out there? Well, if you are, then you should know that there are plenty of important things that you will have to focus on so you can choose the perfect option for yourself. It is always necessary for you to go through the details t...

By Kevin O'Connor, Helping Homeowners Achieve Their Dreams.
(JB Mortgage Capital, Inc.)
Comments 0
Mortgage Rates Have Moved Higher:Remember the excitement back in March? Mortgage rates were moving lower and nearly everyone was saying mortgage rates would either keep going lower or worse case still low for a long time.Well that didn't happen.For nearly two weeks we've seen mortgage rates natio...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX RESULTS)
Comments 3
Last week's economic readings included reports on inflation, mortgage rates, and first-time jobless claims. Monthly reporting on consumer sentiment was delayed.Consumer Price Index: Inflation Rises in MarchThe Consumer Price Index rose 0.40 percent in March, which matched expectations and surpass...

By Stieg Strand, Always showing up and working hard for you
(RE/MAX Results)
Comments 0
 It is getting easier, and faster for people who have lost their home due or even filed for bankruptcy. CUT IN HALF! Recent Fannie Mae changes have slashed the minimum waiting period from 4 years to 2 years to apply for a mortgage. This loosening of the minimum period to apply would also include ...

By Stieg Strand, Always showing up and working hard for you
(RE/MAX Results)
Comments 0
Sadly, Minnesotans are in the top 5 of the countries most heavily burden states in regards to student loan debt with over $31,000 in debt. Uff dah!Well, there is be help on the way to drive those student loan payments down, and that simple fact, could increase your home buying purchase power by a...

By TIM GRISSETT
(Chapman Hall Premier Realtors)
Comments 0
Tips to ensure your mortgage closes smoothly: Credit Cards / New debt: Once you have applied for a mortgage, do not apply for new debt or credit cards, even if you do not plan to use them until after settlement. When you buy a home, you will undoubtedly buy items for that home; please wait until ...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 56
  FHA loans have been the major talk in the news as of lately. One loan officer e-mailed me the other day, asking if FHA is going away. I asked, how did you come up with this?  Because three realtors had mentioned it to them. I have not heard a thing, but let's use common sense.  If FHA loans wo...

By Stieg Strand, Always showing up and working hard for you
(RE/MAX Results)
Comments 1
With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another bubble. To alleviate that fear, we just need to look back at the reasons that caused the bubble ten years ago.We should do a brief review of the recent past here......

By Paul Marzolla, CEO at Oracle Loans │ Forbes NY Business Council
(Oracle Loans)
Comments 0
For many real estate investors the biggest obstacle is saving funds for the down payment, closing costs, and other expenses associated with buying a property. This a very common scenario that our clients face on a daily basis and, because of this, we've tailored a solution to help finance these c...

By Chris Thomas
(The Mortgage Experts at America's Mortgage, a Division of Cherry Creek Mortgage Co.)
Comments 2
Here's another common question:Q: What does POC mean on a Good Faith Estimate and a Final Settlement Statement?A: POC stands for Paid Outside of Closing, and refers to any fee that is not being disbursed at the closing. The two most common POC charges are the appraisal fee (if it has been paid by...

By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Comments 0
For the Week Ending April 12, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets.   The consumer price index rose less than forecast in March.A key measure of inflation, this reading supportsthe Fed's decision not to raise rates this year. Produce...

By Ron Lanzillotta & Mike Pesce, The Pesce & Lanzillotta Team, at Douglas Elliman
(The Pesce & Lanzillotta Team, at Douglas Elliman)
Comments 0
Mortgage rates in the last 5-6 months have seen some turbulent changes with reactions from Federal Reserve policy.  Mortgage rates have a direct correlation to home valuations.  As interest rates go up, and the cost of borrowing money increases – asset prices go down.  The reason behind this is t...

By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Comments 0
VA Myth - VA loans are only available to $417K (or $424K, $453K,  484K, or even $1m)A common myth with VA Loans is that they don't work for your area, the loan amounts are too low for your area, or that Sellers aren't accepting VA Offers.   In the past this was true, but with VanDyk Mortgage,  th...

By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Comments 0
For the Week Ending April 4, 2019   Please enjoy this quick update on what happened this week in the housing and financial markets.   Signaling a possible slowdown in the economy, retail sales dropped 0.2% in February. Slower economic activity is likely to keep the Fed from raising rates. Rates ...

By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Comments 0
The difference between Conventional and Conforming Loans.Ever since I can remember, these two terms are incorrectly referenced in the media, websites, and by Mortgage lenders and Realtors as well.   So what is the difference between a Conventional Loan and a Conforming loan?   Let's start with de...

By Roy Kelley
(Realty Group Referrals)
Comments 12
Ask ALL your questions and gain the information you need BEFORE you make your offer ...  Beyond Down Payment:  What Will My Mortgage Closing Costs Be?   When I first speak with new mortgage clients … especially those that are first-time home buyers … there's often a bit of confusion regarding wha...

By TIM GARTON, "Highly Skilled Pro"
(RE/MAX Gold)
Comments 0
Dear friends and clients,Some people have the misconception that a 20-percent down payment is required for a home purchase, when in reality, many home loan options exist that may be able to put consumers into a home for as little as 3 percent down. In fact, 77 percent of non-cash first-time homeb...

By Patty Clark, Helping Families Move with Care
(Morningside Homes, LLC)
Comments 0
  If you're at an age where you need to be taking Required Minimum Distributions (age 70.5) from your IRA, a qualified charitable contribution and some planning may allow you to lower your overall tax liability. Let's say that a couple's 2019 itemized deductions include $8,000 in property taxes, ...

By Linda Piper
(Planatek Financial, Inc.)
Comments 5
Much has been said and written regarding the financial benefits of home ownership...but I'm a numbers gal. I relate best to hard numbers and put together an analysis that supports the benefits of home ownership. Let's explore 3 areas of potential benefit - equity accumulation by paying a mortgage...
Pretty much everyone knows that you “should” have a household budget, but polls consistantly show that most Americans don’t save much of their earnings, don’t have a written budget, and/or don’t track their spending. Most people are aware of the need to save and plan for a home purchase, but budg...