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 Diane Beaumont, USDA,FHA,Jumbo,VA Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 4
The monthly mortgage payment can be burdensome, but it's possible to pay it down more quickly. Without getting a new job or working overtime, here are some tips you can use on a daily basis to save additional funds and pay off your mortgage at a swifter rate.Make Your Lunch The five or ten dollar...

By Bridget McGee, Maryland Mortgage Mama NMLS#196068
(Corridor Mortgage Group 410-960-2061)
Comments 3
FHA lowered the mortgage insurance-SO WHAT? You may have read or heard that FHA has lowered their annual mortgage insurance premium for loans CLOSED after January 29th.  UPDATE 1/18/2017  The Trump administration is postponing the change and could rescind it, leaving the MIP as it stands. Of cour...

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 buying a house in Auburn or buying a home in Opelika and are wondering what variables affect your mortgage interest rate?  When people go shopping for a home, they tend to pay a lot of attention to the cost of the home and ways to save money on their offer. If they spend as mu...

By Jessica Wallace, Santa Cruz Realtor (831) 419-9345
(Coldwell Banker - Santa Cruz)
Comments 3
MY FIRST FHA 203K LOAN TRANSACTION IN SANTA CRUZFHA 203k loans have been around for awhile and we have all been hearing about them but I have rarely seen them put to use in Santa Cruz County.  When searching for homes for first time buyers we are often in a lower price range and come across many ...

By Bob "RealMan" Timm, Bob Timm is Minot North Dakota's Real Estate Guru.
(National Marketing Realtors)
Comments 5
Maxed out your credit card?Put it on ice... Literally!This is some great advise from fellow blogger Christina Hayes (Rainer) here on Active Rain in her post How to obtain an 800 credit score! Christina says: "If you are carrying credit card balances, don’t cancel the cards just yet. I just need y...

By John Meussner, #MortgageMadeEasy Costa Mesa, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 8
Recently Closed - Delayed Financing in Georgia      In mid-December I was contacted by a real estate investor in Georgia that had recently acquired a property in Atlanta in a cash purchase.  He had used cash to make a competitive offer on a property with some built in equity, and wanted to place ...

By Joe Lattanzio
(Russell Real Estate Services)
Comments 1
 Last week’s economic reports included readings on job openings, retail sales and consumer sentiment in addition to weekly reports on new jobless claims and Freddie Mac’s survey of mortgage rates.Job Openings Hold Steady in November; Quits and Hires IncreaseAccording to the Labor Department, job ...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
We SELL Homes in Pensacola Florida 32514, The income for Freddie Mac $2.3B in 3QLawmakers agree that gov't-owned enterprises need reform, but for now it boosts the U.S. budget: Freddie has paid back $30B more than its recession-era bailout. Read more. THOUSANDS OF HOMES.... One Address www.charle...

By Jose Mejia, Tampa Bay Realtor
Comments 1
Through Homebuyer Assistance Program, financial assistance is provided to buy a home in Pasco County. However, mobile and manufactured homes are not included in this program. A person can buy condominiums and townhomes as well. Pasco County consists of six cities, and individuals can purchase a h...
A short sale in real estate occurs when the outstanding loans and liens against a property are greater than the proceeds from the sale of the home after all closing costs are paid. This occurs only when a homeowner meets the qualifications, and the homeowner’s lenders agree to allow a short sale....

By Joe Lattanzio
(Russell Real Estate Services)
Comments 2
 There was a time when a higher percentage of people were married before they committed to buying a home together, but it’s a lot more common to co-habit and invest in a home together. If you’re considering the commitment of a mortgage without being married, here are some things to be aware of be...

By Bob Elliot
(RE/MAX Advisors)
Comments 0
Last week's economic reports included readings on job openings, retail sales and consumer sentiment in addition to weekly reports on new jobless claims and Freddie Mac's survey of mortgage rates.Job Openings Hold Steady in November; Quits and Hires Increase According to the Labor Department, job ...

By Richard Woodward NMLS#217454, Service Beyond Expectations! Your Texas Lender
(Service First Mortgage, NMLS #166487)
Comments 1
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 Joyce Kelley, Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.
(Charles Stallions Real Estate Services Inc)
Comments 0
Home Buying in Gulf Breeze Florida 32561, Rising mortgage rates could tighten listing inventoryWhile higher rates would hurt buyers, they could also entice current owners not to move so they can keep enjoying their current lower-rate monthly payments. Read more.                                   ...

By Kathleen Daniels, San Jose Homes for Sale - Probate Specialist
(KD Realty - 408.972.1822)
Comments 63
When People AT PNC Mortgage Don't Know They Make Up A Story As They Go I am convinced that people at PNC Mortgage simply make something up as they go versus simply saying ... I don't know. The power in "I don't know" is that we create the opportunity to take responsibility to find out and get cus...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 0
 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 Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Comments 0
 Latest rates, based on 20 percent down, $200,000 owner-occupant mortgages. The rates and terms may vary; check with lenders for details.   ♦ Aloha Pacific Loans 888-9013 NMLS#790278Term/Type  Rate %Points APR%   15-YR Fixed 3.000 0.000 3.107 30-YR Fixed 3.750 0.000 3.786 5-YR ARM    3.125 0.000 ...

By Steve Fox
(DFW Urban Realty)
Comments 0
In Spanish-speaking countries, a bribe is known as mordida. In Italy, spintarella; in parts of Asia, baksheesh. Baksheesh can also mean a tip, which is perfectly legal and ethical in a restaurant, but not so much in a bank or government office.Here in Rockwall, TX, we have a pretty inflexible att...

By Jennifer Carstensen, I specialize in selling houses (License: 317824)
(REMAX Real Estate Experts)
Comments 1
 In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qua...

By Joyce Kelley, Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.
(Charles Stallions Real Estate Services Inc)
Comments 0
Home Buying in Gulf Breeze Florida 32561, Likely Fed rate hike may lead to busy weekThe Fed is expected to boost short-term interest rates this week, a move that could directly increase adjustable-rate mortgage costs and, indirectly, fixed-rate. Read more.                                         ...