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 Stieg Strand, Always showing up and working hard for you
(RE/MAX Results)
Comments 1
The Carver County community development agency (CDA) has Home Improvement Loans financed by the Minnesota Housing Finance Agency (MHFA).  It is called the Single Family Rehabilitation Loan Program, which is a forgivable, 0% interest loan.  These funds are available to low-to-moderate income hous...

By Stieg Strand, Always showing up and working hard for you
(RE/MAX Results)
Comments 4
Do not let the panic and paralyzing fear overtake you when you are behind on your mortgage.The WORST thing you can do is ignore the problem...If you are having trouble paying your mortgage and you simply need to lower your mortgage payments you can get help from either your mortgage company itsel...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 0
Mortgage rates have taken a big dive this year - the lowest we have seen in around 3 years and in many cases at least 1% lower than the end of 2018.It is a GREAT time to jump off the fence and buy your dream home, or if you are already in your dream home, it is a great time to give me a call and ...

By C. Thompson, Whole Sale Property Exchange
(Whole Sale Property Exchange)
Comments 22
Loan Modification For your Investment Property   It is estimated that 13% of all foreclosures are investment properties. Investors....did you know you can get help with this? Just because it's not your primary residence doesn't mean it's not an important issue. Just because Obama's programs do no...

By Barbara S. Duncan, GRI, e-PRO, Executive Broker, Searcy AR
(RE/MAX Advantage)
Comments 9
My three cents.  Wonder what the refund would be worth now?  And I wonder if I can still get the three cents?  I looked for a date and found none but this refund has to be old because Montgomery Ward & Co. has not been around in a long, long time.  If I lived close enough to the banks listed perh...

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  You may have heard of Alternative Lending loans or Alt-A loans and wondered, what are those? Alt-A loans are loans that just miss the bank type of financing but are too good to be thrown into private money. It is a fast-growing and rapidly expanding part of the c...

By Patty Clark, Helping Families Move with Care
(Morningside Homes, LLC)
Comments 0
  Equity build-up could be one of the biggest advantages to buying a home.  There are two distinct dynamics that take place to make this happen: each house payment applies an amount to reduce the mortgage owed and appreciation causes the value of the home to go up. It is easy to make a projection...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX RESULTS)
Comments 0
Last week's economic news included readings  from the National Association of Home Builders Housing Market Index and July readings on housing starts and building permits issued. Weekly readings on initial jobless claims and mortgage rates were also released.NAHB: Home Builder Sentiment Remains Hi...

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 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 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 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 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...