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 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 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 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 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 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
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...

By Joseph Metzler, Sr Loan Officer
(Mortgages Unlimited, Inc)
Comments 1
Minneapolis, MN: The Consumer Financial Protection Bureau (CFPB) has been receiving a large number of complaints about misleading advertising for VA refinance loans.The Bureau reviewed about 1,800 of these complaints received since record keeping started in 2012, all of them about refinance trans...

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 42
 The Simple "Cure" that Removes Credit Mysteries A large number of credit card companies now offer an opportunity to their customers to see their credit scores.  Consumers receive "previews" of their credit scores via their credit card's monthly statements.Opportunities to view or receive credit ...

By Diana White-Pettis, GRI, CDPE, CNE, Upper Marlboro Homes for Sale
(Exit Bennett Realty )
Comments 2
MARYLAND’S NEW GRANT TO PAY CLOSING COSTSGrant Assist is designed to assist homebuyers with closing costs associated with purchasing a home in Maryland using the Maryland Mortgage Program (MMP). The Maryland Department of Housing and Community Development (DHCD) offers a first mortgage loan that ...

By Rob Spinosa, Executive Loan Advisor, Marin Mortgage Broker
(RPM Mortgage, Marin County, CA)
Comments 4
 This Must Be Just Like Lending in Paradise My name is Rob Spinosa.  I'm a workaholic.  And despite the growing body of scientific evidence that is building behind the necessity of vacations, I still do not get away from the office nearly enough.  Some of our clients, on the other hand, have this...

By The Temple Team, Specializing in Lake Norman Real Estate
Comments 1
Look at the Impact of Different Interest Rates! Here's an example that shows how interest rates directly impact the cost of the home you can afford. As you can see .... Interest Rates GREATLY impact the end result in what home you may qualify for and even the slightest increase can hugely impact ...

By Chris Goulart, California Hard Money Loans & Solutions
(All California Lending)
Comments 3
While rates for owner occupied traditional borrowers are quite low, many investors continue to find it is difficult to get bank funding for their investment properties.  This can be for any number of reasons, and even with bank financing, sometimes the rates and terms can look more like private m...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 87
    FHA Loan rumors now become a reality – So what happened?   Wow... I just talked about some rumors that have been floating around for months about FHA loans. Let me make something clear. They are rumors to me until they are officially stated through HUD/FHA. And on that note, they are also rum...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 9
Closing costs are often misunderstood and both over and under estimated.  So, here's some good information about closing costs from Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi :  Your Buyer's Guide to Closing Cost Credits Closing Costs ... people are always interested...

By Suzanne Strickler, Things to make you go HMMM
(Realty Mark Associates)
Comments 2
Since Credit is King in our financial world, it's a good idea to know what your score means to those people considering loaning you money. A score of 300 - 579 is an indication of a very risky borrower. IF a bank would lend you money, your interest rate would be unbelievably high. Individuals wit...