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 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 October 13, 2017  Please enjoy this quick update on what happened this week in the housing and financial markets.    The minutes released from last month's Fed meeting showed some members don't agree that low inflation is transitory. Low inflation helps keep rates low. Howev...

By Steve and Eleanor Thorne, Mortgage Loan Johnston County
(Equity Resources, NMLS 60596)
Comments 0
We have looked at several studies done near the end of 2016 that ranked the "Best Suburbs For First Time Home Owners Near Raleigh," and while we think most of them are spot on, we disagree with a few.  If you are considering a move to the area, you might like to get a perspective from folks who l...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
Pensacola Homes and Real Estate, Water leak? Insurance will reimburse no more than $10K Effective Feb. 1, Citizens' Ins. will pay a max of $10K for water leaks fixed by private contractors, and Fla.'s private insurers are expected to do the same. Read more.        Upcoming Events in Pensacola, F...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 5
At this writing, here is what we know about the plan.If your total monthly mortgage payments are greater than 31 percent of your monthly, pre-tax income, you might qualify for relief. You must prove to your lender that your payments are greater than 31 percent of your income and that you might no...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 5
It's so unfortunate that there are companies such as this that promise our veterans service that is nothing more than a way for the company to make money with no appreciable benefit to the vet:  More "Help" for Veterans The Veterans Advocacy & Benefits Association - is there advocacy?  Are there ...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 6
VA Recognizes Spousal Income In Same-Sex Marriages   In Circular 26-13-18, the Veterans Benefits Administration of the Department of Veterans Affairs announced new lender processing guidelines that allow the income of same-sex spouses to be considered when qualifying veterans for VA mortgage fina...

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 48
 Don't Give a "One and Done" to the Equifax Breach By now, you've probably heard and seen multiple articles regarding the recent Equifax breach of security.  I myself have written and addressed this breach in an earlier post. You may believe you've seen and absorbed all the details and instructio...

By Dennis Dahlberg
(Level 4 Funding )
Comments 0
There are many documents and financial statements that commercial lenders will require from a business when applying for a loan. And that information can be even more critical when your business is a new startup.When you are submitting loan applications to commercial lenders it is critical that y...

By Dennis Dahlberg
(Level 4 Funding )
Comments 1
A commercial lender will want to review both personal and business credit when evaluating a loan application. This is because in many cases, the owner of the business will need to personally guarantee the loan.Before you begin the process of applying for a commercial loan, you need to review bot...

By Dennis Dahlberg
(Level 4 Funding )
Comments 0
Commercial hard money loans are a good short term option in some cases. Knowing more about securing the loan will help you decide if this is the tool that you need to purchase a property.Commercial hard money loans are an alternative to conventional commercial loans. The lender is not a bank or ...

By Dennis Dahlberg
(Level 4 Funding )
Comments 0
The application packet that you submit to commercial lenders is often a huge compilation of documents. Providing a succinct loan submission summary can be critical to getting your loan approved.Commercial lenders all have staff members who do nothing but sort through the loan application submissi...

By Dennis Dahlberg
(Level 4 Funding )
Comments 0
Securing a commercial mortgage is never an easy process. But you can greatly increase your odds of an approval by learning what commercial lenders are looking for on loan applications.The more you investigate the process of securing a commercial mortgage the more that you will learn that each le...

By Dennis Dahlberg
(Level 4 Funding )
Comments 0
A commercial lenders biggest concern is that your business generates enough money to repay the loan that you are requesting. Your cash flow will tell a lender a lot about your business.Reviewing your cash flow will tell commercial lenders how you manage your cash expenditures as they relate to y...

By Dennis Dahlberg
(Level 4 Funding )
Comments 1
C-loans claims there are 12 distinct commercial mortgages. The following article groups these 12 types under three categories, permanent, equity and short term commercial loans.Essentially conventional commercial mortgages differ from residential mortgages, in that commercial mortgages finance th...

By Tom Gilliam- RE/MAX Classic, Exceeding Your Expectations
(Re/Max Classic)
Comments 2
Have you ever walked into an open house, or called a real estate agent about a listing, and within minutes, they’re asking you if you are “pre-approved” for a mortgage?If you haven’t, then you have never walked into an open house or called an agent. Or at least enough of them…Just wait. It’ll hap...

By Tommy Miles, Builder/Realtor®
(Miles Realty Group)
Comments 0
Today's blog is written by Randell Brooks, our Sales Manager at Miles Realty Group.  Give Randell a call at 817-559-0085 if you have any questions about using your Veteran Benefits to purchase Real Estate.  Thanks, Tommy.Randell Brooks817-559-0085  Texas Vets Benefits for Real Estate PurchasesThe...

By Richard Woodward NMLS#217454, Service Beyond Expectations! Your Texas Lender
(Service First Mortgage, NMLS #166487)
Comments 2
Refinancing while divorcing is a very hard thing to do.  Emotionally and financially, it can be very stressful.  Finding an experienced mortgage lender in Texas capable of handling this delicate situation is essential.Texas is a common law state and if you are married and own Real Estate that is ...

By Inlanta Mortgage - Madison, Serving Wisconsin, Illinois, Minnesota & Florida!
(Inlanta Mortgage - Madison)
Comments 27
In the summer of 2015 the Federal Housing Administration (FHA) made some changes to a wide range of its guidelines. The goal is to make sure prospective buyers are financially ready right now to buy a home and there is a reasonable chance that they can continue to afford the home. Listed below ar...

By Dennis Dahlberg
(Level 4 Funding )
Comments 0
It is no secret that commercial real estate financing takes time, sometimes a lot of time. You may feel helpless, as a borrower, after you sign on the dotted line of your application and find yourself just sitting around waiting, but there are some things that can be done beforehand to make the ...

By Dennis Dahlberg
(Level 4 Funding )
Comments 0
Even though they are easier to acquire than traditional loans and often have a much quicker processing time, there are a number of risks that come with commercial hard money loans. However, that does not mean that these loans are not good options if you can find ways to minimize risks.It is no s...