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 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 25
  Myth-Busting Mortgage Credit Scoring Over the years, Mortgage Credit Scoring has evolved.  It continues to do so at a fairly constant and rapid rate ...   As a result, a large supply and wide variety of updated articles and reports regarding the topic of Credit Scores (Fair Isaac Corporation (F...

By Jerry Thomas-Construction Loans, Construction Loans Conv/FHA/VA
(Cranbrook Loans)
Comments 5
As a follow up to my blog on the role of the loan officer I'd like to say a few words about the role of an underwriter. First understand that there are two underwriters, the automated one and the human one. All conventional and government loan files are first submitted through a software package ...

By Eleanor Thorne, Equity Resources 919-649-5058
(Equity Resources)
Comments 0
For the last 30 plus years I’ve been a Lender we could not make a loan to anyone who had a tax lien attached to their credit report.  But what if it isn’t a lien, what if you just OWE the Federal Government money?  Can you buy a house with a tax lien, or a tax liability?The PROBLEM with owing tax...

By Paul Antonelli, Broker Owner; NextHome Antonelli Realty
(NextHome Antonelli Realty)
Comments 1
Is house hunting in your near future?  If so, you’re probably thinking about the neighborhood you want to live in, the number of bedrooms you need and what sort of home you want. But take a step back. None of this matters if you don’t know how much you can truly afford to spend on a home.You may ...

By Charles Stallions Property Manager, Pensacola, Pace & Gulf Breeze Property Management
(Charles Stallions Real Estate Services)
Comments 0
Real Estate News in Pensacola, Gulf Breeze or Pace Florida. Renting a home made easy and it all starts with knowing all the right places and all OPTIONS we make that easy as well. Call or Text Charles Now and let’s start shopping. Mortgage denials: Miami, Tampa and Orlando in top 10Nearly one in ...

By Steve and Eleanor Thorne, Mortgage Loan Johnston County
(Equity Resources, NMLS 60596)
Comments 0
FHA Appraisers have certain requirements that go above those required of a Conventional Appraiser.  Because of that, FHA Appraisals are more detailed, and are usually at least $50 or more expensive. Structural Requirements for FHA Loans means that the Appraiser must note that the Utilities are on...

By Ross Milroy, Broker/owner specializing in vacation home buyers
(Ross Milroy Realty, LLC)
Comments 0
May 22, 2018 – Back in 2008, Florida voters approved a 10 percent cap on annual increases in assessed values of non-homestead properties while exempting the cap on the school district portion. This bill sought to protect investors who own income properties, vacation homes, office buildings and m...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 13
Don't subject yourself to any of these predicaments during your mortgage process.  Follow the advice of your Loan Officer from beginning to end.     Avoid "Mortgage Approval-Ivy". Don't Make These Mortgage Mistakes   When our boys were little, we decided to construct a home in the Lincoln-Way Are...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 48
  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 Jerry Thomas-Construction Loans, Construction Loans Conv/FHA/VA
(Cranbrook Loans)
Comments 3
Sooner or later almost every client I work with asks me, "How much am I pre-approved for?".Please keep in mind that borrowers are pre-approved for a payment, not a loan amount. You might be approved for a $200,000 purchase in a low tax area but get turned down for a $190,000 loan in a high tax ar...

By Dennis Dahlberg
(Level 4 Funding )
Comments 0
Buying a timeshare is easy. And you may think that getting out of a timeshare is easy too. However, a quick search of how to get rid of a timeshare has left your head spinning. You don’t know what to do so you call the timeshare company, only to learn that they can’t help you. They don’t want you...

By Paul Antonelli, Broker Owner; NextHome Antonelli Realty
(NextHome Antonelli Realty)
Comments 1
Buying a home on two incomes can be difficult enough, but it can be even more demanding if one spouse has poor credit.A poor credit score can make it difficult to qualify for a mortgage, leading to a higher interest rate on a home loan. A spouse with poor credit could be left off the loan applica...

By Dennis Dahlberg
(Level 4 Funding )
Comments 2
Despite updates to timeshare services like more locations, some flexibility on dates, and more amenities, they are still rarely worth your money. They often lead you to wonder how to get out of a timeshare. Read on to learn some tips and tricks from the pros to save your time, money, and sanity. ...

By Dennis Dahlberg
(Level 4 Funding )
Comments 0
A Timeshare Cancellation Can Make Them Smile! I often get approached at parties to talk about timeshares. As soon as people find out I conduct timeshare exit team reviews of timeshare contracts, they want to know more about me. From sales to a cancellation I hear their frustrations, and I have h...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX RESULTS)
Comments 0
Last week's economic releases included the National Association of Home Builders Housing Market Index for May, Commerce Department reports on housing starts and building permits issued. Weekly readings on mortgage rates and first-time jobless claims were also released.Home Builder Confidence Rise...

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 8
  What Makes You Special When You Buy a Home?  Your Financial DNA Parents often tell their children they're "special".  They're unique.  Like no other person on earth.  I know I told both of my boys that ... still do.It's a pretty heavy message for a child to hear, isn't it?  One based on love ce...

By Respect Realty LLC, Brokers - Oregon / SW Washington Real Estate
(Respect Realty LLC)
Comments 6
If you are behind on your payments, you may be looking for any help you can find. But, don’t fall victim to scams, ask a licensed professional for help! You see, every day people are looking for new ways to scam home owners who are in trouble and today I heard of yet another and this one just mak...

By Fred Griffin, Licensed Florida Real Estate Broker
(Fred Griffin Real Estate)
Comments 10
     Tallahassee home buyers are increasingly aware of the importance of Credit Scores.  This is due to the amount of information and tools that are easily available to them via the internet, their Lender, and elsewhere.      Mortgage credit score information, when correct and utilized properly, ...

By Dorothy Mitchell, Writer and real estate agent
Comments 0
Being in debt is a very stressful experience. It can be very depressing to constantly receive bills and increasingly harsh reminders to pay up what you owe. The most important thing to do when you set out to eliminate your debt is to have a strategy that you’ll follow to the letter. Attempting to...

By Jeffrey Masich- Arizona Associate Broker,MBA &GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Comments 2
Does buying a home with nothing down in the Phoenix Arizona metro area sound too good to be true? Well check these real opportunties out for a free grant for down payment and/or Buyer closing costs or for Zero Dollar down payments.                              Home Buyer Free Grants and No Down P...