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 1
If you’re like most people, traveling is pretty high on your list of long-term life goals. While you might be able to take a vacation here and there while you’re young, most people envision their best travel stories unfolding after retirement—when they have enough time, freedom, and money to go w...

By Dana Scanlon, Bethesda MD- Award-Winning Bethesda Realtor
(Keller Williams Capital Properties)
Comments 0
Success with mortgages for A1 Visa diplomats in DC areaIt has been some time since I have written on this topic, and what a whirlwind of changes has taken place since first making it my mission to help diplomat clients purchase their home of choice in the greater Washington DC area. Despite the c...

By Karen Schimpf, When the Bank Says No, I CAN Get Your Deal CLOSED!
(Commercial Capital Ltd.)
Comments 1
cc: by: https://flic.kr/p/5YUwZN Long term rates are over 1% LOWER than 1 year ago and the Fed is poised to lower rates at their upcoming meeting....a powerful opportunity exists to refinance right now. Rates are in the 4's right now for most investor deals with multi-family deals possibly into t...

By Joseph Metzler, Sr Loan Officer
(Cambria Mortgage)
Comments 0
 Can you take advantage of the current market?You probably heard that mortgage interest rates have dropped. Now may be a great time to see if you can benefit.  You may consider:• Lower your monthly payments• Shortening your loan term to a 20-yr, or 15-yr. Save money on interest over the life of t...

By Bob Thompson, 562.344.5626 | Stated Income & HELOCs, RT Capital Advisors, Inc.- Commercial/Residential
(RT Capital Advisors, Inc. CEO)
Comments 0
Alternative Documentation 12 Bank Statements  12 Month Bank Statement Averaging or1 Year Taxes or Asset Amortization Loans No Taxes, w2's or executed 4506T are required. Minimum FICO score is 600.  3, 5, 7 and 10/1 ARM's, 30 year fixed. Owner Occupied and Non-Owner Investment properties, SFR and ...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX RESULTS)
Comments 0
ast week’s economic reports included readings on construction spending, public and private-sector jobs and the national unemployment rate. Weekly reports on mortgage rates and first-time jobless claims were also released. Construction Spending Rises in AugustConstruction spending rose 0.10 percen...

By David Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 1
Bad credit can happen to just about anyone in this world. It can often seem as if no one is ever truly safe. The sad part is, no matter how carefully a person may plan their life, there's still a lot of room to end up with serious problems such as bad credit or high amounts of debt. These are two...
Income dropped & behind on your mortgage payment ?- You need a loan Modification ? Credit card Modification ? Auto Loan modification We help you work with creditors to lower payments so you can stay in your home We help you work with creditors to reduce principal balance( negative equity) so you ...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 18
Can You Still Get a Stated Income Mortgage? Believe it or not, the calls come in.  "Do you guys still do stated income loans?"  Still?  Seriously, a lot has changed in ten years, but in the home lending building perhaps there has not been a more pronounced departure than the Elvis of all mortgage...

By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
Comments 1
Selling commercial properties with only 3.5% down payment.Realtors specializing in Commercial Properties... LISTEN UP!Stop telling everyone to stay away from the FHA 203k, stop saying it takes forever to close one... We just had a lender close her first 203k in less than 30 days... if it is so ha...

By Francisco Peot, The Best Place To Find Your Home!
(Richmond Home Sales At EXP Realty)
Comments 0
FIRST TIME HOME BUYER'S GUIDE TO HOME LOANS So you’re thinking about buying your first house, townhouse, condo, ANYTHING to get away from living with family and roommates? As a first time home buyer, the first part of the process should be your pre-approval for financing. Until you have a budget ...

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 September 5, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets.   The August ISM manufacturing index fell to 49.1%, the lowest reading in 3+ years. A reading below 50% indicates contraction in manufacturing activity. Private p...

By Leo Namiot, Outstanding Service & Great Rates
(Canopy Mortgage)
Comments 0
Florida First Time Home Buyers and Repeat Home Buyers alike can take advatage of 100% Financing using the Chenoa Fund Down Payment Assistance Program tyo purchase a home.As an approved lender with Chenoa Fund we underwtire the loan inhouse making the process move more smoothly. The FHA Loan Progr...

By Dennis Dahlberg Broker/RI 623-582-4444
(Level 4 Funding )
Comments 11
If you need to know how to get out of a timeshare, you need the experts on our timeshare exit team. We are on your side, and we are the real deal. Read on to learn all the ways that we can help you today. The easiest way to know how to get out of a timeshare is to never get sucked into one in the...

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 26
  FHA Changes to Condo Guidelines ... Why They Matter FHA (Federal Housing Administration) has announced that it is issuing new guidelines for Condominiums and Condominiums projects.  The new guidelines will take effect as of October 15, 2019. While the new rules extend the time period for FHA Ce...

By Diane Beaumont, USDA,FHA,Jumbo,VA Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 14
Are you interested in paying less per month on your mortgage? Or perhaps you would prefer if your mortgage was paid off a couple of months – or years – faster?If you are a homeowner with a mortgage, one option that is open to you is refinancing.How Does Refinancing Work? In short, refinancing is ...

By Bob Thompson, 562.344.5626 | Stated Income & HELOCs, RT Capital Advisors, Inc.- Commercial/Residential
(RT Capital Advisors, Inc. CEO)
Comments 0
Home Equity Line of Credit (HELOC) No Income Verified-Verified Assets (NIVA)  Owner-Occupied, Non-Owner Occupied and Second Homes, SFR's, 2-4 families, Condos and Co-ops. Over 700 FICO First 6 months starting at 3.88%.    Loan amounts from $150,000 - $1,000,000. Up to 70% LTV to $1,000,000 loans ...

By Bob Thompson, 562.344.5626 | Stated Income & HELOCs, RT Capital Advisors, Inc.- Commercial/Residential
(RT Capital Advisors, Inc. CEO)
Comments 0
Home Equity Line of Credit (HELOC) No Income Verified-Verified Assets (NIVA)  Owner-Occupied, Non-Owner Occupied and Second Homes, SFR's, 2-4 families, Condos and Co-ops. Over 700 FICO First 6 months starting at 3.88%.    Loan amounts from $150,000 - $1,000,000. Up to 70% LTV to $1,000,000 loans ...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX RESULTS)
Comments 0
Last week’s economic news included  readings on home price trends, pending home sales and weekly readings on average mortgage rates and first-time jobless claims. The University of Michigan also released consumer sentiment report.Case-Shiller Reports Slower Home Price Growth in JuneAccording to C...

By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Comments 0
 Latest rates, based on 20 percent down, $200,000 owner-occupant mortgages. The rates and terms may vary; check with lenders for details. Rates may have changed click here to varify  Lender Term/Type Interest Rate % Points % *APR Acclaim Capital Mortgage - a Kama'aina Company383-5931NMLS#304090 1...