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 Lattanzio
(Russell Real Estate Services)
Comments 1
And Why You May Decide You Want One  With so many mortgage products available on the market, it can be hard to know which ones will serve you best as a homeowner. As a result, there are many mistruths surrounding the reverse mortgage products. If you’ve heard of this homeownership option and are ...

By Wanda Kubat-Nerdin, St. George Area Preferred Real Estate Agent.
(Preferred St George Utah Area Real Estate Agent | PK Real Estate Utah South)
Comments 3
You can't touch this! Doing a 1031 Exchange? There are some things to know beforehand. Avoid depositing the money in your personal or business account. If you do, forget about moving forward in this direction.  Proceeds from the sale must be placed with a third party 1031 Exchange Company to defe...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 3
This is an important reminder from Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi .  With tax time coming up and all of the hacks and privacy thefts going on, checking your credit score can alert you of any irregularities.   It's Time to Request Your FREE Credit Report  ...

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 19
 It's Time to Request Your FREE Credit Report Credit advice is everywhere ... The internet, social media, news outlets, financial and lending institutions, and more provide a never-ending supply of it.So by now, you've probably seen and heard that your Credit Score is important ... and that you s...

By Diane Beaumont, USDA,FHA,Jumbo,VA Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 1
There are a variety of factors that are involved in getting your mortgage approved, but few things will have more impact than your FICO score and the credit history that goes along with it. Instead of leaving your score up to chance when submitting your application, here are a few ways that you c...

By Joe Lattanzio
(Russell Real Estate Services)
Comments 0
Last week’s economic releases included readings on housing starts, building permits issued and the National Association of Home Builders/ Wells Fargo Housing Market Index. Fed Chair Janet Yellen testified before the House Finance Committee and consumer spending and core consumer spending reports ...

By Laura Sellers, www.Auburn-Realtor.com; Auburn, AL Real Estate
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.Auburn-Realtor.com, EXPERT IN AUBURN REAL ESTATE SERVICES)
Comments 0
Have you ever wondered if you your property taxes for your Auburn, AL house are included in your mortgage payment each month? Paying property taxes is inevitable for homeowners. The amount each homeowner pays per year varies depending on local tax rates and a property’s assessed value (or a yearl...

By Diana White-Pettis, GRI, CDPE, CNE, Upper Marlboro Homes for Sale
(Exit Bennett Realty )
Comments 2
 Pre-Approval Or Pre-Qualification - Which One Do I Choose?What is the difference between a Pre-Approval and a Pre-Qualification? This is a question that I am often asked by buyers. The difference between the two can be described as follows:Pre-Approval is a written commitment issued by a lender ...

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 17
 What is FHA Mortgage Insurance and How Does it Work?      Mortgage Insurance remains a hot topic for potential Borrowers, current Borrowers, and professionals alike.  And of great interest, no matter which type of mortgage program it's utilized in ... Conventional or FHA (Federal Housing Adminis...

By Rob Spinosa, Executive Loan Advisor, Marin Mortgage Broker
(RPM Mortgage, Marin County, CA)
Comments 18
Not Your Grandfather's Stated Income Loan Stated income.  No other phrase in the realm of home lending evokes as many good and bad memories, does it?  For some --- mostly loan originators who wore an ethical stripe of a different color --- the days of the liar loans are fondly remembered as "the ...

By Joe Lattanzio
(Russell Real Estate Services)
Comments 0
 The post-election period is often one of uncertainty, and the time since the 2016 election has been no different with regards to market force and the financial world. With a new administration taking office, there are many questions regarding how Donald Trump’s presidency will impact the market ...

By Bob Elliot
(RE/MAX Advisors)
Comments 0
Last week's economic releases included readings on housing starts, building permits issued and the National Association of Home Builders/ Wells Fargo Housing Market Index. Fed Chair Janet Yellen testified before the House Finance Committee and consumer spending and core consumer spending reports ...

By Debe Maxwell, CRS, Charlotte Homes for Sale - Charlotte Neighborhoods
(www.AtHomesCharlotte.com | The Maxwell House Group)
Comments 49
4 Things NOT TO DO After Applying for a Mortgage You’ve got good credit history and are ready to invest in a new home and we know you're feeling pretty confident about the upcoming weeks and getting through the mortgage process. That’s fantastic news and we’re thrilled to be working with you and ...

By Diane Beaumont, USDA,FHA,Jumbo,VA Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 4
You're probably aware of the financial commitment that is involved when investing in a home, but what that amounts to is different for every person. From what you can afford to what a lender will allow, there are plenty of details involved in determining the right home for you. If you're not quit...

By Laura Sellers, www.Auburn-Realtor.com; Auburn, AL Real Estate
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.Auburn-Realtor.com, EXPERT IN AUBURN REAL ESTATE SERVICES)
Comments 0
Are you planning on renovating or remodeling your house in Auburn or your house in Opelika?  If so, explore the pros and cons of some of the post popular home loans for your renovation or remodel. If you’re planning a remodel, home addition or even buying a fixer upper, you’re probably going to r...

By Bridget McGee, Maryland Mortgage Mama NMLS#196068
(Corridor Mortgage Group 410-960-2061)
Comments 2
FHA Lowers MIP 2017-Should every FHA borrower Refi? @Patty Blackwelder of Lorton, VA left this comment on my FHA Lowered the Mortgage Insurance-So What? post. Let me ask you can my past clients who have FHA Loan can do a stream line refinance to take advantage of the lower MIP?  If their rate is ...

By Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent
(Berkshire Hathaway HomeServices PenFed Realty, Your Clarksville Real Estate Professional)
Comments 16
This is an especially good time to consider homeownership with tax refunds coming to many.     Benefits of Homeownership at Tax Time   It's tax time ... And that means it's time for you to gather all of those envelopes recently mailed to your home marked "Tax Documents Enclosed" and file your tax...

By The Temple Team, Specializing in Lake Norman Real Estate
(THE TEMPLE TEAM)
Comments 3
 GREAT NEWS FOR FHA BORROWERS! The U.S. Housing and Urban Development  Secretary recently announced that the FHA (Federal Housing Administration) is going to reduce the annual premiums by a quarter of a percent.  This is expected to save the average homeowner $500 per year.This change will take p...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 2
 With prices increasing we have loan limits climbing as well.  For FHA this is based on where you are buying.  If your home is in a "Low Cost Area" Here are your limits": If you are in a "High Cost Area" (Most of NJ, where I am licensed, falls into the High Cost Area): These may not be huge incre...

By Jeffrey Masich, Arizona Homes and Land to Buy or Sell
(HomeSmart in Scottsdale, Arizona)
Comments 4
Loan limits are going up in Maricopa County, Arizona, where the maximum loan amount for FHA is currently $271,050 and will be moving to $275,665, Per Bob Silva, Loan Officer with VIP Mortgate, "To stay in line with the Fannie Mae increase in loan limits from $417,000 to $424,100 which becomes eff...