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 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 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 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 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 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 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...

By Shanna Day Team Leader (AZ & UT), BUY or SELL Your Home FAST w/The Shanna Day Team!
(Keller Williams Realty EV (AZ) & Keller Williams SLC (UT))
Comments 2
Federal Reserve Announces Another Rate Hike The Federal Reserve has announced Wednesday, June 14, that a quarter-point federal funds rate hike is being implemented based on a strengthening labor market and declining inflation. This is the third rate hike in seven months and the fifth since Decemb...

By Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent
(Berkshire Hathaway HomeServices PenFed Realty, Your Clarksville Real Estate Professional)
Comments 24
Just because it sold at a high price doesn't mean it will appraise. The appraisal is usually the last hurdle to cross to get to the closing. If the value is good and no repairs the closing is within sight. This is a good post by Dianne Goode. Now its not enough to find a house, beat out multiple ...

By Mr. Laurent
(DL Financial)
Comments 18
When you are buying, selling, monetizing, funding or discounting Bank Guarantees, you only want to work with the most reliable, safe, ethical, knowledgeable, honest and efficient providers.   Here are Top 11 Reasons Why DL FINANCIAL LIMITED should be Number 1 for you!     1. Unrivaled Authenticit...

By Dianne Goode, Realtor/Broker
(Raleigh Cary Realty)
Comments 13
Now its not enough to find a house, beat out multiple offers to win the house, and get through repairs.  After all that, we are all — buyers and sellers and agents — hoping and praying the house will appraise for the purchase price.  It may or it may not.  It’s a crap shoot.Back in the Good Old D...

By John Meussner, #MortgageMadeEasy Costa Mesa, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 2
Recently Closed - MultiGenerational Living in Meadowbrook, PA      A little while back I got a call from a Realtor that I've worked with for years in Montgomery County, PA.  We first met back in 2007 and have worked on many transactions with each other over the years.  For years, she and her pare...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 33
  FHA loans have been the major talk in the news as of lately. One loan officer e-mailed me the other day, asking if FHA is going away. I asked, how did you come up with this?  Because three realtors had mentioned it to them. I have not heard a thing, but let's use common sense.  If FHA loans wo...

By Gary Frimann, REALTOR and Broker
(Eagle Ridge Realty / Signature Homes & Estates)
Comments 3
Here is an Infographic from Ginnie Mae.  My argument has always been "At the end of 30 years, what do you have?  It is either a shoebox full of rental receipts or all the equity in your home.  Usually (the past few years aside) year over year your equity grows.  So does your rent.  Rents almost a...