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 Joe Manausa, Tallahassee Real Estate
(Joe Manausa Real Estate)
Comments 2
  Just a reminder that the 12th edition of the Tallahassee Real Estate Newsletter will ship out on Monday. If you have not signed up for the free subscription, you can do so in the right sidebar of the  Tallahassee Real Estate Blog. Each edition is filled with charts, graphs, and analysis of the ...

By Kim Novak, Broker/Owner
(Novak Advantage Real Estate)
Comments 0
Understanding Reverse MortgagesReverse mortgage loans are like traditional mortgages that permits homeowners to borrow money using their home as collateral while retaining title to the property.  Reverse mortgage loans don't require monthly payments.The loan is due and payable when the borrower n...

By Bob Elliot, 20+ Yrs Local Industry Experience
(eXp Realty)
Comments 0
When someone is looking to purchase a house, they need to think about how long they want their mortgage to last. While a bank can structure a mortgage to last for any number of years, the most common lengths are 15 and 30 years. While a 30-year mortgage is typically more affordable, a 15-year mor...

By Jason E. Gordon, Sr. Loan Officer, CMPS, CDLP, CDRE, RCS-D, CDPE
(AmeriFirst Financial Inc, San Diego, CA)
Comments 5
The Truth Behind Mortgage Rates. At last, someone is willing to tell the truth with 10 valuable lessons below!  I know of no other industry which spends more money on deceptive advertising aimed at confusing their end users than Banks, Credit Unions, and Mortgage Companies. To learn more about Th...

By Jason E. Gordon, Sr. Loan Officer, CMPS, CDLP, CDRE, RCS-D, CDPE
(AmeriFirst Financial Inc, San Diego, CA)
Comments 2
Below is a simple lesson on how to read the charts associated with the Mortgage Rate Updates & Projections reports which can be found at www.JasonGordon.info nearly every business day. If you are pursuing a mortgage (or helping to refer someone in need of a mortgage), it is highly recommended tha...

By Dave Van Nus, Portland House Hunters and U.S. Veteran Homes!
(Realty ONE Group Prestige)
Comments 11
Credit Repair/Restoration   DID YOU KNOW….that you can have perfect credit…and that you can have all your negative credit completely deleted off your credit report.  This is a very interesting concept and is very skeptical to so many, but we have seen it happen first hand as well for many of our...

By Cheryl Powell - The Powell Team, Concord,Harrisburg & Charlotte NC Area Real Estate
(Southern Homes of The Carolinas - The Powell Team)
Comments 187
    Do you know someone who has a job and works hard, but their income isn't high enough to afford a well maintained home in an area desireable to them?  If so, the USDA Rural Devolopment DIRECT Loan Program may be the perfect loan program for them.  This is a 100% financing (NO DOWNPAYMENT), no ...

By Justin Hermstedt, Digital Marketer for Home Builders
Comments 0
Photo by Kelly SikkemaBuilding a new home is an exciting way to find the perfect home for yourself. When you build, you can guarantee you’ll get the layout you want, with all the premium features you want to prioritize. Building also means not paying for the luxuries you don’t want. While buildin...

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/oCx4Bz DEAL OF THE WEEK - Herman Got Free! This week I want to share the story of Herman (name changed for privacy) and how a closing helped free him up from financial bondage. This loan closed last week. By explaining this deal a little deeper, I think you can get some ...

By TIM GRISSETT
(Chapman Hall Premier Realtors)
Comments 1
Most of the time, if you think about taking out a loan to purchase real estate, you’re likely picturing a single-family home. Depending on your needs and the properties available in the area you’re searching, though, you may find that other property types are actually a closer fit for you. Multi-...

By Melanie Cameron, The Cameron Team
(Coldwell Banker Sea Coast Advantage)
Comments 0
REALTOR® Melanie Cameron shares some tips for saving money on your mortgage. Doing one or more of these things could save you thousands of dollars and take years off your mortgage.

By Kevin O'Connor, Helping Homeowners Achieve Their Dreams.
(JB Mortgage Capital, Inc.)
Comments 2
Two nights ago bonds were staging a significant overnight rally on news reports that Iran was firing missiles and US military bases. Before the overnight rally the 10 year yield was around 1.82% and it plummeted to below 1.70% before moving higher by morning. With news that there were no US casua...

By Bob Elliot, 20+ Yrs Local Industry Experience
(eXp Realty)
Comments 2
Last week’s economic reports included readings on public and private sector jobs, the national unemployment rate and weekly readings on mortgage rates and new unemployment claims. ADP: Private-Sector Job Growth Eases in DecemberPrivate-sector jobs increased by 202,000 jobs in December and exceede...

By Cheryl Powell - The Powell Team, Concord,Harrisburg & Charlotte NC Area Real Estate
(Southern Homes of The Carolinas - The Powell Team)
Comments 5
News Channel 36 did a report on USDA Rural Development loans last night.  It said that the program is "little known", but I've known about it and helped my clients utilize the program for years.  The USDA Rural Development agency (yes, the United States Department of Agriculture) has two differen...

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 20
  A Decade of Housing Healing: Has it Created Opportunity for You?  It's now been around a decade since the big housing market crash ...   While many housing markets have cooled a bit, as of late ... the Home Equity Report for the last quarter of 2018 (and a quarterly overview of the distribution...

By John Higgins, Senior Loan Officer
(Mortgage 1, Inc.)
Comments 2
 There are several important advantages of the MSHDA Down Payment Assistance (DPA) for Conventional mortgages over what has been traditionally offered with MSHDA down payment assistance. Including:  No upfront mortgage insurance & potentially lower monthly mortgage insurance than FHA (based on cr...

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
Here is the Video version of this week's Markets in a Minute:  If you have any questions on the market, loan qualification, or just want to get started on your loan, click the button below to get started online, or give me a call at 866-900-2342 toll free direct.  

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 January 10, 2020 30 YEAR FIXED MORTGAGE RATES   Please enjoy this quick update on what happened this week in the housing and financial markets. Activity in the services sector rose slightly in December, climbing to 55 from 53.9 in November, as businesses felt relieved by a pa...

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 January 2, 2020 30 YEAR FIXED MORTGAGE RATES   Please enjoy this quick update on what happened this week in the housing and financial markets. Rates, including those for mortgage loans, hovered near historic lows in 2019 and helped propel the stock market to record highs. Sto...

By Rob Spinosa, SVP of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 10
Conforming a Little More Each Year If you know me, you know that I don't like to stick to convention.  I was the teenager who skipped college, moved to Hollywood and played rock guitar.  In my 20's, I saved up vacation time not for sandy white beaches but instead for expeditions to the harsh moun...