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 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 23
 Prove to Sellers You're Serious:  Be Pre-Qualified! Be Pre-Qualified for your Mortgage before you go and view homes!There, I've said it.  First thing.  Right out of the box.  So it can't be missed.I place that advice right at the top of this post in bright colors so it's not overlooked.  And bec...

By Ruth Vogt, 719-592-0855 Apply 24/7 www.ColoradoHomeLender.com
(Fairway Independent Mortgage, LLS. Equal Housing Opportunity. Regulated by the Division of Real Estate.)
Comments 0
Remember when the Good Faith Estimate (GFE) and Truth In Lending (TIL) forms went away in October, 2015 to make it more “User Friendly”? The two forms were combined into one, called the Loan Estimate (LE).  Two forms, 1 page each, combined into one form, which became 3 pages.  (New math, maybe? 1...

By Tony and Suzanne Marriott, Associate Brokers, Serving Scottsdale, Phoenix and Maricopa County AZ
(Haven Express @ Keller Williams Arizona Realty)
Comments 1
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi "...Buyers must be decisive and ready to act when they find "the home" they want.  They must have already talked to their Mortgage Lender and been Pre-Qualified for their financing PRIOR to the viewing of that home..."Right ...

By Ginger Harper, Your Southport~Oak Island Agent!
(Coldwell Banker Sea Coast Advantage)
Comments 1
Excellent Blog.We should not waste our time on folks that are not qualified to buy.   Prove to Sellers You're Serious:  Be Pre-Qualified!   Be Pre-Qualified for your Mortgage before you go and view homes!There, I've said it.  First thing.  Right out of the box.  So it can't be missed.I place that...

By John Meussner, #MortgageMadeEasy Costa Mesa, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 6
What is a "Rate Lock"      When a mortgage applicant is pre-approved for their home loan and the file is officially submitted, one of the early steps is discussing the rate lock.  A rate lock is exactly what it sounds like.  The rate of the mortgage loan is locked in for a certain period of time,...

By Wayne L. Brown
(Broadview Mortgage)
Comments 1
Forum Many homeowners during the early to mid 2000’s here in San Diego and throughout California, as well as, across the nation were enjoying the then current wave of rapid home appreciation.  Consequently, many took out what is more commonly referred to as a HELOC which stands for Home Equity Li...

By Jeff Dowler, The Southern California Relocation Dude - Carlsbad
(Solutions Real Estate )
Comments 7
We all know how important it is to get pre-qualified as a buyer, especially in our competitive market, yet so many buyers don't seem to understand the importance and value of doing so. This will help them get it!   Prove to Sellers You're Serious:  Be Pre-Qualified!   Be Pre-Qualified for your Mo...

By Rob Spinosa, Executive Loan Advisor, Marin Mortgage Broker
(RPM Mortgage, Marin County, CA)
Comments 2
80 10 10 Loan in California It has been said that the Golden Gate Bridge is one of the most photographed tourist attractions in the world.  But before you get out your selfie stick and entertain visions of relocating to California, especially to the San Francisco Bay Area, know that the median ho...

By Nick & Trudy Vandekar, 610-203-4543, Tredyffrin Easttown Realtors, Philly Main Line
(Long & Foster Real Estate Inc 610-225-7400)
Comments 3
If you are thinking of buying a home now or in the next few months you have to read this blog post written by a mortgage provider. What he says is so true and it will help you to be successful in this hot home market.    Prove to Sellers You're Serious:  Be Pre-Qualified!   Be Pre-Qualified for y...

By Wayne L. Brown
(Broadview Mortgage)
Comments 3
Forum Effective July 1st, significant changes will be coming to credit reporting from the three main bureaus.  This change has some in the lending industry worried, while others believe it is a good change for those with past liens and civil judgments. The change, once again effective on July 1st...

By Robert Bob Gilbert, Your Katy TX ( West of Houston) Real Estate Expert
(Berkshire Hathaway HomeServices Anderson Properties)
Comments 13
This is an excellent article written by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi which tells folks to have backup plans when applying for a mortgage loan. Please stop by Gene's post and leave comments. I also suggest you folow gene if you are not already doing so. ...

By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 1
The proof is in the pudding.. A client with scores in 500's now in high 600's in 15 days, but with these she can get financed and in another 30 days these should be in the 700's And another Increase So it's pretty simple, by adding some good credit from the start, sometimes it is all you need to ...

By Joseph Metzler, Sr Loan Officer
(Mortgages Unlimited, Inc)
Comments 4
Is your Loan Officer Licensed, or simply registered? There is a BIG difference YOU need to understandRecent changes to the lending industry requires all loan officers to have a tracking number, known as an NMLS number (Nationwide Mortgage Licensing System and Registry). It should be displayed on...

By Rob Spinosa, Executive Loan Advisor, Marin Mortgage Broker
(RPM Mortgage, Marin County, CA)
Comments 13
Not Able to Refinance?  Recast Your Loan in a New Light Over the last decade there have been many opportunities for homeowners to refinance their mortgages to lower rates and, by far, that is the "go to" solution when a borrower is looking to lower his or her payments.  This makes perfect sense. ...

By Shawn Leamon, www.DivorceAndYourMoney.com
(Divorce and Your Money)
Comments 0
This was originally published at Divorce and Your Money here. The costs of a divorce add up quickly. While many charges are easy to anticipate, some catch you by surprise. If you decide to fight to keep your home as part of the divorce, it is crucial to understand the costs that come with that de...

By Michelle Cooks, Pensacola, Pace & Gulf Breeze Property Management
(Charles Stallions Real Estate Services)
Comments 1
Pensacola, Pace, Gulf Breeze Property Management: What's an excellent credit score?A strong credit score can work wonders. It not only increases the chance you'll get approved for a loan, but the better the score, the more favorable the rate. Read more. Are you paying too much in Property Managem...

By Rob Denny, "Dream Home Specialist"
(HomeSmart Realty West)
Comments 0
According to consumer research conducted by Fannie Mae – and no surprise to real estate professionals – the primary barrier to homeownership for first-time home buyers is the act of saving money for the down payment and for closing costs. Fannie Mae offers low down payment loans and other flexibi...

By John Lemos, Your Home Loan Expert
(New American Funding)
Comments 0
Three Great Reasons to Consider a Cash-out Refinance Interest rates on home loans are near their best levels of the year, while home values in many parts of the country have increased.  In this environment, many homeowners are considering a “cash-out” refinance.  This is where you pay off your ol...

By Scott Hubbard, Realtor Resident and Specializes in The Villages
(ERA Grizzard Real Estate)
Comments 1
  For the Week Ending June 16, 2017 Please enjoy this quick update on what happened this week in the housing and financial markets. The Fed raised policy rates by 0.25% as expected at this week's FOMC meeting. However, the Fed doesn't directly control mortgage rates. The 10 year treasury bond wh...

By Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent
(Berkshire Hathaway HomeServices PenFed Realty, Your Clarksville Real Estate Professional)
Comments 21
This is a good read by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi      The Funds Needed at Closing = "Cash to Close"   "Cash to Close" ... It's the term used in mortgage lending that refers to the final amount of money a Borrower needs to bring or send to their Closi...