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 Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 0
A few helpful strategies can help people better prepare for financial success. Knowing interest rate basics is a smart way to feel good about your financial knowledge and be informed about opportunities available. Personal loans or mortgage loans can help improve your credit score and offer a way...

By Leo Namiot, Outstanding Service & Great Rates
(Canopy Mortgage)
Comments 0
💲💲💲 Interest Rates Matter. When buying a house did you know that a lower interest rate may give you more buying power? Yes, with a lower rate comes a lower monthly payment which may help you qualify for your dream home rather than settling for what you think you qualify for!  👀👀👀 Even if you qua...

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 August 16, 2019   For the Week Ending August 16, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets.   Stocks plummeted this week as 10yr Treasury yields fell below those for 2yr bonds. The resulting inverted yield curve could ...

By Bill Kamboukos
(Strategic Mortgage)
Comments 26
When it comes to obtaining a home mortgage, your credit score is an incredibly important component. If your score is too low, you may not be eligible for a mortgage loan at all. Furthermore, if your credit score is less than ideal, then you could end up with a higher interest rate, which on a deb...

By FELICIA MCDONALD, IRS Tax Specialist Serving Memphis, TN Metro Area
(McDonald Tax Consulting)
Comments 0
McDonald Tax Consulting represents individuals as well as small businesses in Memphis, TN, Northern MS, and Eastern AR, who are dealing with IRS and State Tax Problems.  The problems may include past due taxes or unfiled tax returns. The IRS Collections Process Can be Confusing and Scary!The coll...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 0
 Yesterday FHA issued a press release about financing condos.While the Mortgagee letter that will give us the details is not available yet, (purported to be released next week) we do know that the Full Condo Approval will go away as of October 15th.If memory serves- I t was about 7 or 8 yrs ago t...

By Lauren Massie, CPA, EA, MBA, CPA - Specializing in Tax Settlement in Raleigh NC
(Lauren Massie, CPA PLLC)
Comments 0
I recently published the article “IRS Bitcoin Letter? How to Report Bitcoin to the IRS” and want to share some helpful tips on how to address Bitcoin letters from the IRS. To provide a quick background, the IRS began sending out letters to approximately 10,000 taxpayers last month requesting that...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 7
  At McCue Mortgage we have always been able to do USDA or Rural Loans as they are also known, in conjuntion with a Connectiticut Housing Finance Authority Loan (CHFA), but not the stand alone or also know as a Market Rate USDA Loan.  The difference between the two is that CHFA/USDA is only avail...

By Patty Clark, Helping Families Move with Care
(Morningside Homes, LLC)
Comments 0
  35% of respondents, in a recent annual Gallup poll that dates back to 2002, identified real estate as the best long-term investment option compared to 27% who identified stocks. The top choices included real estate, stocks, savings accounts and gold.  Even with the remarkable prices of the diff...

By Jason E. Gordon, Sr. Loan Officer, CMPS, CDLP, RCS-D, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 0
For the last 20+ years, Jason Gordon has helped many Homebuyers & Homeowners as a Residential Mortgage Loan Officer in San Diego, California.  To learn more about how Professional Colleagues view Jason Gordon and his services, please watch the short testimonial montage video below.   Jason Gordon...

By Tom Ikonomou, Pro-active Real Estate Marketing
(RE/MAX City )
Comments 0
Working in the real estate industry, I get to connect with and build relationships with a wide range of professionals. Lana Russel is one of those professionals that has demontrated stellar service to her clients.  The following is an email from Lana Russell describing whats currently happening i...

By Karen Schimpf, When the Bank Says No, I CAN Get Your Deal CLOSED!
(Commercial Capital Ltd.)
Comments 0
  cc: by: https://flic.kr/p/5YUwZN   What's Closing Now?  A Little Bit of EVERYTHING          Here is a look at some recent closings within the last month. I like to post these every month or two to just give you a feel for some of the things that are happening in Commercial. The last three (3) ...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX RESULTS)
Comments 0
Last week's economic releases included readings on consumer credit, job openings and weekly reports on mortgage rates and first-time jobless claims.  Consumer Credit Use, Job Openings Slow in JuneConsumer credit use slowed in June as credit card use lost ground. Non-revolving credit, which typica...

By Mike Easton, Creative lending solutions from coast to coast
(Movement Bank)
Comments 0
This PSA will be short and sweet... the answer is YES!!!! When someone applies for a mortgage the credit bureaus will SELL their personal information to any loan agency willing to buy- resulting in a bunch of joker online lenders calling your client promising the world and then failing to deliver...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 11
Should I Refinance into a 15-Year Fixed Rate Mortgage? With the Federal Reserve tongue-tied and twisted and an easy trade war time-tripping into the future, we find ourselves the beneficiaries of another very appealing low interest rate environment here in the second half of 2019.  This stands to...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 21
   UltraFICO & Experian Boost Good Solutions to Your Credit Challenges?  Ever since the announcements regarding the new credit scoring systems "UltraFICO" and "Experian Boost" were made last year (and their subsequent implementation earlier this year), questions regarding their use, legitimacy, a...

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 August 8, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets.   At the end of July, the Fed made its first policy rate cut since 2008. Over the following week, mortgage interest rates dropped to their lowest level since 2016. P...

By Kurt Davidson, Real estate agent serving Greater Portland, OR
(Davidson Home Group | Keller Williams Portland Central)
Comments 0
ShutterstockWhether you’ve owned a home before, or you’re ready to jump into homeownership for the first time, there are always a lot of questions swirling around about what is truly required for a down payment, and how to best source down payment assistance. Let’s tackle these two today.1. How m...

By Patty Clark, Helping Families Move with Care
(Morningside Homes, LLC)
Comments 0
Get Leverage Working for You Leverage is an investment term that describes the use of borrowed funds to control an asset; sometimes referred to as using other people's money.  Borrowed funds can affect the investment in your home positively. For instance, if you had a $100,000 rental property, co...

By Patty Clark, Helping Families Move with Care
(Morningside Homes, LLC)
Comments 0
  Making additional principal contributions to your mortgage will save interest, build equity and shorten the term on a fixed-rate mortgage.  The concept is sound but bi-weekly may not be the best way to do it.  One strategy is to make a payment every two weeks throughout the year in the amount o...