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 Tony and Suzanne Marriott, Associate Brokers, Serving Scottsdale, Phoenix and Maricopa County AZ
(Haven Express @ Keller Williams Arizona Realty)
Comments 2
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi "Planning and preparation eliminate the possibility of error.  It builds confidence.  It results in success."Right on target - and - re-blog!   Mortgage Transactions Need Game Plans & Options Too     If you watch sports much...

By Bridget "Mortgage Mama" McGee, Maryland Mortgage Mama NMLS#196068
(Corridor Mortgage Group 410-960-2061)
Comments 3
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 David J. Caracausa, ABR, CRB, CRS, GRI, SRES, CRE
(The Premier Properties Group)
Comments 0
If you’re on the market for a new home, the biggest hurdle is likely to be how you’re going to pay for that home. Unless you’ve got cash to pay for the home front (and in which case, congratulations), you’re going to need to secure financing in the form of a mortgage. A mortgage is essentially a ...

By Joe Metzler, Sr Loan Officer
(Mortgages Unlimited, The Joe Metzler Team)
Comments 2
MN, WI, and SD Homeowners Urged To Switch To A 15-Year Fixed MortgageIf you still owe on your MN, WI, or SD home, you really need to consider switching to a 15-year fixed. Here at Mortgages Unlimited, many of our Loan Officers, including myself **, have made the switch to 15-year mortgages becaus...

By Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818
(Re/Max Eastern inc.)
Comments 11
How many times do you leave your house without locking your door Why leave your credit open ?How many times do you leave the house with a wallet full of credit cards ?Put a small limit on your credit card and take that one with you or you can put them in a mason jar and freeze them When you head ...

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. Rates may have changed click here to varify Lender Term/Type Int.Rate % Points % *APR Aloha Pacific Federal Credit Union531-3711NMLS#377314 15-YR Fixed 3.125 1...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 74
  FHA LOANS need to go !!!!   FHA loans need to go....  so many defaults... GROWING by the thousands. If we don't kill FHA mortgages now, the economy will crumble. Sound confusing?   Okay Jeff, have you flipped your lid?  NOPE - I had written this blog last week, FHA loan rumors have become a rea...

By Liz Moras, Chilliwack Realtor, Garrison Crossing,Chilliwack, Abbotsford
(Harrison Hot Springs, Cultus Lake)
Comments 9
     Have you heard of "Peer to Peer Lending"? I was watching the News the other night and caught a segment on what seems to be a growing excitement surrounding these so-called peer-to-peer (oh, sorry, P2P) online lending exchanges that Companies like Virgin Money, Prosper and Zopa are providing ...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX Advisors)
Comments 1
Last week's economic reports suggested that demand for homes is rising despite a jump in mortgage rates and rising home prices fueled by low inventories of homes for sale. Demand for homes rose by 1.40 percent as interest rates jumped after the 10-year Treasury rate rose by 10 basis points. Const...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 10
Simple measures to improve credit scores exist ... And when these simple measures are performed methodically and consistently, (with time) they'll reap you positive results.   Quick Fix Credit Repair = A Myth   While preparing for this article, I ran a simple Google search using the term "quick f...

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 21
What's YOUR Personal Breakeven Point? Renting VS Buying       Do a Google Search.  Type in "home buying fears".  See all the pages of articles that pop-up addressing the topic and the many reasons you should or should not be fearful ...       Home evaluation is often mentioned within the context ...

By Bob Thompson, 562.344.5626 | ALT-Doc, No Income HELOCs and Private Money, AltDocLoan.com - Residential and Commercial Loans
(Wholesale Account Executive)
Comments 2
No Income-Verified Assets 1st Mortgage Loan  Owner-Occupied Properties  Non-Owner Occupied properties  Single Family residenses, 1-4 units, Condos and PUDs (must be warrantable) Terms: 3/1, 5/1 or 7/1 ARM - 30 yr. amortization  Purchase: 30% down, 25% of that can be gifted. Refinance rate and ter...

By Michael Cantwell
(LoanDepot - NMLSR ID #644428)
Comments 0
I speak to many investors who see projects that they would love to participate in, but lack the capital to purchase and renovate the property.  Often times, a project for a single family home in a desirable neighborhood in North Palm Beach County will run around $250,000-$350,000. Most homes that...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 1
We SELL Homes in Pensacola Florida 32514, Survey: Rising mortgage rates worry young buyersAlmost 70% of millennials feel pressure to buy a home before mortgage rates rise, but 55% of this group are also discouraged that they'll be able to do so. Read more.                   THOUSANDS OF HOMES.......

By Bob Thompson, 562.344.5626 | ALT-Doc, No Income HELOCs and Private Money, AltDocLoan.com - Residential and Commercial Loans
(Wholesale Account Executive)
Comments 1
No Income, Verified Asset or SIVA Loan for Investment and Owner-Occupied Properties. 680 mid FICO, SFR's, 1-4's, Condos and PUD'sTerms: 3/1 ARM, 30 year term from 4.25%, 5/1 4.5%, 7/1 4.75%. Purchase: 70% LTV to 2.5M, up to 25% of the down can be gifted.Refinance: 65% LTV to 2.5M, Cash out: up to...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 12
This is an often asked question of Realtors, though one that most of us can only estimate.  As it's dependent on many factors outside of the Realtors control.  Here's a great look at this topic from Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi :     The Funds Needed at...

By Bob Thompson, 562.344.5626 | ALT-Doc, No Income HELOCs and Private Money, AltDocLoan.com - Residential and Commercial Loans
(Wholesale Account Executive)
Comments 0
NO Income HELOC (Home Equity Line of Credit)  Owner-Occupied, Non-Owner Occupied and Second Homes SFR's, 2-4's and Condos.No Income is listed on the Application. 620+ FICO needed.  Loan amounts from $150,000 - $1,500,000.  60% LTV to $1,000,000 loans outstanding (including new HELOC) 50% LTV to $...

By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Comments 0
  For the Week Ending July 7, 2017  Please enjoy this quick update on what happened this week in the housing and financial markets.    The minutes from June's FOMC meeting showed the Fed is open to at least one more rate increase this year, and balance-sheet adjustment will start soon. The minute...

By Susan McCall
(Compass Realty Solutions, Portland, OR - Vancouver, WA)
Comments 1
A very complex subject is explained in every day terms that we can all understand.  When purchasing a house (loan) is is one more thing that needs to be learned, understood and acted on.This explanation is the best that I have seen.  Thanks to the author! Unlocking the Rate Lock Mystery   Everyon...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 9
In the current real estate environment, if you are a home buyer, then it is imperative that you get pre-qualified prior to searching for homes.  Otherwise, you will most likely find yourself disappointed and without a new home.    Prove to Sellers You're Serious:  Be Pre-Qualified!   Be Pre-Quali...