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 Karen Schimpf, When the Bank Says No, I CAN Get Your Deal CLOSED!
(Commercial Capital Ltd.)
Comments 1
SBA Disaster Loan Program – EIDL The application is one form at https://covid19relief.sba.gov/#/ which includes the EIDL up to $2MM and the Grant for $1,000.00 dollars for each employee you have. It will ask for your business routing number, etc. If they accept your application, they will wire t...

By Trish Cole
(Veterans United Home Loans of Puget Sound)
Comments 5
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 David Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 1
If you are thinking about taking out a car title loan, you are most likely facing some kind of a financial emergency that needs to get taken care of as soon as possible. It’s an uncomfortable place to be in and can put a strain on many facts of your personal and professional life. What’s importan...

By Bob Elliot, 20+ Yrs Industry Experience
(eXp Realty)
Comments 0
Latest Unemployment Report: Great News…for the Most Part The Bureau of Labor Statistics (BLS) released their latest Employment Situation Summary last Thursday, and it again beat analysts’ expectations in a big way. The consensus was for 3,074,000 jobs to be added in June. The report revealed tha...
For the buying of a house, investment of the person should be in the right place. The housing companies that offer cash home buyers in Virginia Beach should be selected. If the selection of a fast procedure is made, then results will be sufficient. No requirement of repairs should be there and ge...

By Michael Cantwell, Helping you manage your largest asset.
(Highlands Residential Mortgage Ltd., - NMLS ID #134871)
Comments 2
There was some breaking news this week from Freddie Mac ( the Government-owned backer of many conventional mortgages ) in regards to what documentation Self Employed Borrowers will now need to provide to a mortgage lender to prove their income is still sufficient to qualify for a mortgage.   As m...

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/PBq9iE      The stock market has rallied off the lows, so much so, that it has broken through key technical resistance. So of course, a pullback is going to happen. Except there is an old adage that says, you can’t fight the market. So of course, then it should keep goin...

By Bob Elliot, 20+ Yrs Industry Experience
(eXp Realty)
Comments 0
Last week’s economic reports included monthly readings from Case-Shiller Home Price Indices, FHFA home prices, and readings on new and pending home sales. Weekly reports on mortgage rates and first-time jobless claims were also released. Case-Shiller Home Price Indices: Home Price Growth Pace Inc...

By Rene Burchell, Experience Luxury Real Estate Service
(Coldwell Banker Residential Frisco)
Comments 3
Interesting article from National Mortgage News,what are you seeing in your area? Lets network!  12 housing markets where prices are cooling off Rene

By Rob Spinosa, SVP of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 5
Your Pandemic Guide to a Jumbo Mortgage  "Our Realtor said it's very difficult to get a jumbo loan these days.""We tried to do a cash out jumbo refi on our place but our bank told us that they're not doing those anymore.""We wanted to refinance our jumbo loan but by the time we did the research t...

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 6
  Protect Your Financial Health & Credit During COVID-19 ... Take These Steps Now  Your physical health and mental well-being must always be an important focus.  The grave challenges posed by the current COVID-19 crisis, make that even more true ...But it's not only your physical and mental healt...

By Lea Lagueux, Your Tampa - St Petersburg Local REALTOR
(Future Home Realty)
Comments 3
 These days, it seems like everyone’s looking for ways to cut costs and stretch their income further. Fortunately, there are some simple steps you can take to reduce your household expenses without making radical changes to your standard of living. When combined, these small adjustments can add u...

By Ben Yost - 303-587-4297, FHA, VA, Conventional - Mortgage Loans in De
(First Time Home Buyer, Mortgage Rates, Pre-Approval)
Comments 3
 "Do I need great credit to get a mortgage?"Quick answer: "No!"Complete answer:Credit score is one of the most misunderstood topics about getting a mortgage. Many people believe that you have to have perfect credit and high scores to qualify. While having a higher score may help you obtain a slig...

By Sally Dunbar, Fair Oaks Realtor - Fair Oaks Homes for Sale
(Lyon Real Estate, Fair Oaks CA (Sacramento Area))
Comments 61
Dang! It just happened again! My buyer's daughter transferred $20K into their account, because they're really buying the condo for the daughter with her money. (The daughter has bad credit, but a wad of money, so Mom and Dad are making the purchase for her).  Now we need to show proof of where th...

By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Comments 6
How Looooow will they go? When speaking of mortgage rates they are near record lows right now but they may be poised to go even lower this year.Clare Trapasso of Realtor.com wrote on May 21, 2020, "One of the few silver linings for real estate in the middle of this devastating coronavirus pandemi...

By Chris Dunham, The Real Estate Guy™
(NexGen Brokered by eXp Realty)
Comments 2
Fix your credit so you can buy a house - Credit Repair TimeUnderstanding how credit works is frustrating! I know first hand how hard it is to build back up a score once its plummeted to the ground! I have been selling houses for over 20 years, as a full time Realtor. SO when the AZ Market crashed...

By Karen Schimpf, When the Bank Says No, I CAN Get Your Deal CLOSED!
(Commercial Capital Ltd.)
Comments 0
  Did you read Danielle Hale , Cheif Economist at Realtor.com.  Predictions for 2020 before and after COVID 19 https://www.realtor.com/research/2020-housing-market-predictions-covid-19-update/ 

By Jerri McCombs, Broker, Hendersonville NC Relocation
(Dogwood Real Estate Services)
Comments 4
Hey all of you first time buyers! Are you having a hard time knowing what it may cost you to close on a home? Most sites deal with mortgage calculators which will give you an approximate monthly payment. But this Closing Cost Calculator will tell you what to expect in up front closing costs. If y...

By Lise Howe, Assoc. Broker in DC, MD, VA and attorney in DC
(Keller Williams Capital Properties)
Comments 10
I love this blog post by Gene Mundt.  We are frequently asked by our clients to recommend a lender (or two or three.) After you read this post, you can explain to your client why you recommended those particular lenders..... and why they should listen to your recommendations.      Choosing Your L...

By Ralph Mark Maupin, Michigan Real Estate Investors Host
(National Real Estate Network, LLC)
Comments 0
Click https://www.neededfunding.com/ Now Click https://www.neededfunding.com/ Now Business Funding, Payroll Protection Program & 23 Single Use Funding Services!100+ Lenders  •  10,000+ Loan VariationsQuick Application Apply Nowhttp://www.NeededFunding.comUnlike a bank, we are not tied down to a s...