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 George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 8
Back on August 27, I wrote a post about a "Special Closing" that I had.  It was special because of the Borrower and her family situation.  It was not an easy loan, in fact it is one of the loans that I have worked the hardest on in order to get it approved. There was not only a lot of work done b...

By Dena Stevens Coriz, Putting The Real Into Realtor Since 2004
(Rocky Mountain Realty )
Comments 1
 Thank you for stopping by! I so appreciate your time. Like any profession, reviews from past or current clients is SO Important. These reviews let potential real estate buyers and sellers know how you feel about how I handled the most important investment in your life.  If you have not written a...

By Donald Payne, What's your Vision..
(Vision Realty)
Comments 0
Great news for homebuyers with Fannie Mae or Freddie Mac loans in 2020.  For four straight years, the FHFA (Federal Housing Finance Agency) has been increasing the conforming loan limits and in 2020 the loan limit will increase to $510,400 up from $484,350 in 2019. Prior to 2016, the Federal hous...

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.  >>> Click here to read the repor...

By Bill Kamboukos
(Strategic Mortgage)
Comments 0
            VA home loans have never had hard loan limits like Conventional or FHA loans. Rather they have mirrored Conventional Loan Limits, with anything over the Conventional Loan Limit ($510,400 currently), requiring a down payment. However, those down payment requirements are now removed for...

By Patty Clark, Helping Families Move with Care
(Morningside Homes, LLC 720-231-5200)
Comments 2
Mortgage interest paid on your principal residence is deductible today as it was in 1913 when 16th amendment allowed personal income tax.  The 2017 Tax Cut and Jobs Act reduced the maximum amount of acquisition debt from $1,000,000 to $750,000. Acquisition debt is the amount of debt used to buy,...

By Bill Kamboukos
(Strategic Mortgage)
Comments 0
           FHA home loan limits are once again increasing for HUD insured FHA mortgages. The new loan limits are $331,760, up from the current limit of $314,287.             What this means is that for someone looking to purchase a home with the 3.5% minimum down payment, using an FHA loan, can n...

By Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info
(Hawai'i Life Real Estate Brokers)
Comments 12
Grateful to be mortgage free after so many years on Maui!Yes, it really can happen - that mortgage can be paid off and you can own your home completely.  While it seems like 30 years, or even 15 years is such a long time, sooner or later the time passes.  If you've behaved, and not pulled all the...

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/CPxDnm   Close Your Commercial Loan Quick! It is hard to believe it is almost year end and there is not that much time left to close loans! In the world of commercial lending, if you are not already in process with a bank your deal will struggle to close by the end of ...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX RESULTS)
Comments 0
Last week’s economic news included readings from Case-Shiller Home Price Indices, readings on new and pending home sales and weekly readings on mortgage rates and new jobless claims. The holiday break on Thursday and Friday curtailed some economic reports.Case-Shiller Reports Uptick in September ...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 14
  FHA Home Loans – Borrower beware of your lender when buying or refinancing 3 Unit & 4 Unit properties FHA Loan requirements have been changing all across the board in the last 18 months.  When it comes to FHA loans for a borrower trying to purchase or refinance a triplex (3 unit) or a quad (4 u...

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 November 29, 2019 30 YEAR FIXED MORTGAGE RATES   Please enjoy this quick update on what happened this week in the housing and financial markets. Economic growth picked up slightly in the 3rd quarter, though slowing was initially reported. A stronger pace of inventory accumul...

By Sandy Padula and Norm Padula, JD, GRI, Presence, Persistence & Perseverance
(HomeSmart Realty West & Geneva Financial, Llc.)
Comments 3
 I constantly receive inquires from prospective mortgage prospects and the first question from them is typically, "What is the rate?"There are so many other factors that need to be considered before making any sort of decision on a mortgage loan.Many Real Estate agents follow suit on this. Please...

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.  >>> Click here to read the repor...

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 November 21, 2019 30 YEAR FIXED MORTGAGE RATES   Please enjoy this quick update on what happened this week in the housing and financial markets. Trade talks with China are still moving markets. Investors worry the 'phase one' deal is taking too long, but China's chief negotia...

By Trish Cole
(Veterans United Home Loans of Puget Sound)
Comments 4
Effective October 1, 2016, (the start of fiscal year 2017), program fees for the USDA's Rural Development guaranteed home loan program will be significantly reduced.The USDA loan will become more affordable. The up-front guarantee fee will change from 2.75 percent to 1 percent of the loan amount....

By Callie Thompson, Property Xchange Solutions
(Property Xchange Solutions)
Comments 50
How to avoid Loan Modification scams    This is the biggest dilemma a homeowner is faced with when looking for help to avoid foreclosure. Who to choose, where to start and who is legit? It's not a secret that nearly 75% of Loan modification companies are fraudulent or scam artists. Loan modificat...

By Richard Woodward NMLS#217454, Service Beyond Expectations! Your Texas Lender
(Service First Mortgage, NMLS #166487)
Comments 0
Announcing our Police Officer Appreciation Discount program. Helping Police Officers and those in need aligns closely with our core value of pursuing our passion through purpose, so we are excited to relaunch the Fall Cause for 2019! Please review the details below.  Program Dates: November 15, 2...

By Bill Kamboukos
(Strategic Mortgage)
Comments 1
Conventional home loan limits are once again increasing for Fannie Mae and Freddie Mac backed conventional mortgages. The new loan limits are $510,400, up from the current limit of $484,350.                        This is great news for many buyers, as it provides additional purchasing power for ...

By David Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 1
Financial institutions have access to copious amounts of data that can provide a better understanding of their account holders without having to look much further than their own system. All this information can be found by analyzing the transaction data of their account holders. This practice, re...