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 J. Philip Faranda, Broker-Owner
(J. Philip Faranda (J. Philip R.E. LLC) Westchester County NY)
Comments 43
We got word last week that a past client's loan modification was approved. As happy and relieved as they were, my beleaguered clients had to swallow a rough pill: on the terms of the approved loan modification, their mortgage payment would be several hundred dollars higher than their original pay...

By Susan V. Gregory, Helping You Live Your Ideal Lifestyle
(South Coast Estates)
Comments 1
Trying to figure out if you qualify for a Wells Fargo loan modification and then preparing your application can seem overwhelming.  But you don't have to take chances with your loan modification proposal-learn the guidelines for debt ratio and target payment under the government's workout plan. ...

By Chris B Johnson, REALTOR®Quality Not Quantity #ChrisBJohnsonRealtor
(Allison James Elite)
Comments 2
Chris B Johnson, REALTOR®               Featured Listing                   Time to Sell Your Home?   Mortgage Pre Approval           Neighborhood Market Report          Time To Buy A HomeHyperLocal Updates Fannie Mae and Freddie Mac have offered several possible solutions for borrowers who receiv...

By Wendi-Mae Davis, CRS, GRI, Broker Associate
(Future Homes & Real Estate)
Comments 5
Increasing your FICO score can can lower your interest rate on your Mortgage, bank and car loans, and also can improve or cut your insurance premiums!  How do I increase my FICO score you ask? It is easier than you think!  Here's how to do it... First-pay all your bills on time!  Then-just as imp...

By Gary Frimann, REALTOR and Broker
(Eagle Ridge Realty / Signature Homes & Estates)
Comments 7
Just when you thought, or heard, hat Americans were getting out of debt, moneyrates.com comes up with an infographic stating otherwise. Interestingly, I hardly know anybody who has not paid down their debt substantially in the last few years, and besides, credit is not being handed out like candy...

By Chris B Johnson, REALTOR®Quality Not Quantity #ChrisBJohnsonRealtor
(Allison James Elite)
Comments 0
            Click on the Light Bulb!!  #TimeToSell #ChrisBJohnsonRealtor Your home is probably the biggest asset you own. This is why you should hire a professional to guide you through all your real estate transactions. My goal is to help 24 to 28 families each year either buy or sell a home. I ...

By Susie Kay, North Dallas Specialist
(Ultima Real Estate )
Comments 6
I received many phone calls from buyers asking whether they can obtain a loan.  So recently I had a conversation about lending with one of my preferred lenders.  Eventhough some I already knew, some were an eye opener.  How Long Does a Borrower Need to Be on the Job?Well.... It depends.   The sta...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 8
Experienced Mortgage Originators, when given time to accomplish it, can "stage" (often called "position") their Borrowers.  They improve upon and maximize the abilities and options available to their Borrowers via their finances and credit.   "Staging" Yourself and Your Finances for the Best Mort...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX Advisors)
Comments 0
Last week's economic readings release included reports on inflation, core inflation retail sales and retail sales excluding autos. Consumer sentiment, along with weekly readings on mortgage rates and new jobless claims were also reported.Inflation Exceeds Expectations, Retail Sales Lag Consumer p...

By Michelle Cooks, Pensacola, Pace & Gulf Breeze Property Management
(Charles Stallions Real Estate Services)
Comments 0
Pace Homes and Real Estate: Fannie, Freddie add $5.1B to federal coffers in 2Q Taxpayers bailed out the entities during the meltdown and could be stuck again in another financial crisis - but to date they've received $77.6B more than the loan. Read more.   The Top 5 Things to Do in Pace 2017 - Mu...

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 4
5 Great Tips To Help Minimize Back To School Spending A new school year is upon us and we happen to be back with a new list of great tips! This time we came across these 5 great tips that might help ease your back to school spending. You might have already noticed an increase in back to school co...

By Gary Frimann, REALTOR and Broker
(Eagle Ridge Realty / Signature Homes & Estates)
Comments 3
Everyone should be aware of mortgage fraud and mortgage assistance fraud.  Fraudsters comb the public announcements in the local papers and then pounce on vulnerable people.  Contact your lender directly and see if they can help you out first. Here is a notice (abridged) from the CA Association o...

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 44
 Don't Give a "One and Done" to the Equifax Breach By now, you've probably heard and seen multiple articles regarding the recent Equifax breach of security.  I myself have written and addressed this breach in an earlier post. You may believe you've seen and absorbed all the details and instructio...

By Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info
(Hawai'i Life Real Estate Brokers)
Comments 5
Maui banks and mortgages.  When it comes to buying a home in Hawaii, we strongly urge you to use a local bank or lender, since some mainland lenders won't fund to Hawaii.  It's an awful feeling to find this out at the last minute, when you're all set to close on a house sale and things go off tra...

By Henry J. Daniels - Sr Loan Officer, Nationwide Construction, Rehab,Conv & VA/FHA/USDA
(Henry J Daniels (936) 228-1944)
Comments 1
Mortgage Forbearance in case of Natural DisasterYou may be eligible to temporarily stop making your monthly mortgage payment for up to 12 months if you are impacted by a natural disaster.Click here for Fannie Mae's guide for Homeowners affected by Harvey and Irma.   One of the keys to determining...

By Joan Cox, Denver Real Estate - Selling One Home at a Time
(Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373)
Comments 26
 There are so many criminals just waiting to snatch up our money!   Great post to assist REALTORS® and our clients' money to be sure the wire transfers are protected.   Our Colorado real estate commission just sent out another warning alerting us of a scam that recently happened.    I definitely ...

By Debra Leisek
( Bay Realty,Inc Homer Alaska)
Comments 7
According to Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi Those intending to do harm using stolen personal and financial information can and will try to do so indefinitely.  This is NOT a "one and done" call to action. So dont be complacent. be Praavtive to protect you...

By Michelle Cooks, Pensacola, Pace & Gulf Breeze Property Management
(Charles Stallions Real Estate Services)
Comments 0
Pace Homes and Real Estate: Should Freddie Mac make loans to institutional investors?Calif. Realtors say they're concerned about a federally owned agency lending money that "is essentially a government guarantee to compete with homebuyers." Read more.  The Top 5 Things to Do in Pace 2017 - Must S...

By Debbie Walsh, Hudson Valley NY Real Estate 845.283-3036
(Shahar Management)
Comments 2
We knew this Equifax breach was only just a matter of time.  In the post below by Gene Mundt he gives excellent advice about protecting your identity.  Sooner or later we knew there would be a hack of some place that had more than just our date of birth or social.  When you check with Equifax and...

By M.C. Dwyer, Santa Cruz Mountains Property Specialist
(Century 21 Showcase REALTORs)
Comments 2
This isn't the first blog post from Gene Mundt that I've shared, and given his acumen, it won't be the last.     The Equifax Security Breach: Assume the Worst Typically, making assumptions is not good.  In the case of the Equifax security breach discovered on July 29, 2017?  Just the opposite is ...