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 Christopher Pataki, Hockessin Delaware Real Estate
(Berkshire Hathaway HomeServices)
Comments 1
  Life insurance is a policy that some should absolutely consider while others may be able to forego, according to many financial advisers.The primary earner in the family can benefit from taking out a term life insurance policy to cover the years he or she expects to work. This policy can act as...

By Mike Young, FHA 203k Consultant 707-812-7668
(203kOnLine.com, covering California & most other states)
Comments 0
How do you cost out a project for FHA 203k project?HUD handbooks provide the answer to this question. Your choices are R.S. Means or HomeTech Publishing. Years ago I took a week long class from R.S. Means at a cost of about $1,500 as I recall, to be able to tell 203k consultants all over the coun...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 11
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 Melissa Marro, Jacksonville Real Estate and Home Staging
(Keller Williams First Coast Realty - The Marro Team)
Comments 5
While I am a licensed Realtor with Keller Williams, I have put that hat into moth balls and instead spend my time as a professional home stager. My husband quit his job last year to take over my real estate team. Last week we lost a deal that should have been easy cheesy. The deal was all cash on...

By Lynn B. Friedman, Concierge Service for Our Atlanta Sellers & Buyers
(Atlanta Homes ODAT Realty Call/Text 404-939-2727 Buckhead - Midtown - Westside -- and more ...)
Comments 5
CHICKEN LITTLE -- The Fed is Meeting!!! No rate worries, Henny Penny!                                                                          Mortgage advice comes in every flavor under the sun. Take the Federal Reserve March 2017 Meeting dire predictions and worries for example. That's the reas...

By Nick & Trudy Vandekar, Tredyffrin Easttown Realtors, Philly Main Line
(Long & Foster Real Estate Inc )
Comments 6
Tredyffrin Easttown home buyers, a great answer to why you need to obtain home owners insurance from a mortgage professional.   Avoiding a Homeowners Insurance Disaster When You Apply for a Mortgage   When buying and financing a home, prospective Borrowers are required to produce a variety of doc...

By Pam Orzan PA ~ Delray Beach Realtor Berkshire Hathaway Florida Realty Delray Beach, Selling Delray, Boca Raton, & Boynton Beach
(Berkshire Hathaway HS Florida Realty)
Comments 2
Changes to Credit Scoring Coming Soon!  Here's potentially good news for consumers: The nation's three largest credit-reporting agencies will soon exclude tax liens and some civil debts from their reports.This could improve consumer's credit scores as long as they don't include consumers' names a...

By Moe Dadseresht, Buyer/Seller agent
(Austin Skyline Realty Inc.)
Comments 5
Start of the year is a great time to review your finances. As 2017 starts, make an effort and get into the habit of reviewing your bills and inspect them for ways to save money. You may have added cell phone plans, changed cable and internet subscriptions, and signed up for trial offers (which au...

By Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent
(Berkshire Hathaway HomeServices PenFed Realty, Your Clarksville Real Estate Professional)
Comments 16
Many home buyers have questions about getting their homeowner's insurance in place for the closing. As soon as a contract has been accepted is not too early to start shopping and looking for good coverage. Read the article by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Ref...

By Danielle Doucet, Kamloops Real Estate, buy or sell in Kamloops BC
(Kamloops PropertyFor Sale)
Comments 1
The U.S. Federal Reserve raised its key interest rate from 0.75 per cent to 1 per cent today, in a move widely anticipated by economists and investors. The hike is the second increase since December and reflects growing confidence at the central bank that the U.S. economy is now on solid footing...

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 1
Do you own a house in Auburn, AL or Opelika, AL and are looking for ways to reduce your taxes through home ownership? The tax landscape changes yearly. Congress meets occasionally to review and adjust the tax code, so first-time homebuyers must stay on their toes to understand year-to-year tax ch...

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 3
Average Closing Costs in IllinoisThe survey was done by Bankrate and ranks each state for buyers closing costs. In Illinois our average costs would be $2079 on a $200,000 home purchase.    This will give you a good rough estimate that would be needed for closing or to double check your costs on y...

By Kasey & John Boles and the team at Jon Gosche Real Estate, LLC, Boise, Meridian, Ada/Canyon/Gem/Boise Counties
(Jon Gosche Real Estate, LLC, Boise ID)
Comments 15
Excellent Tips & Reminders for Home Buyers by Debe Maxwell.  And I will add:Don't make any large purchases - not a car, not a boat, not a refrigerator, washer/dryer or other piece of furniture for your new home - nothing, unless you speak with your lender first.  And even then I'd recommend you w...

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 FHA streamline refinance: 5 strict conditionsHomeowners with FHA mortgages can refinance to a lower rate through streamline refinance. But while the process is simple, the requirements are not. Read more.                    THOUSANDS OF HOMES.... One Addre...

By Nina Hollander, Your Charlotte/Waxhaw/Fort Mill Area Realtor
(RE/MAX Executive | Charlotte, NC)
Comments 2
It's been difficult selling condominiums in recent years which required FHA financing. The restrictions on FHA borrowers for condo financing essentially put a halt to the sale of many condominium units in the Charlotte metro area. The good news is that recently the FHA has eased up on some of the...

By Wayne L. Brown
(Broadview Mortgage)
Comments 2
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 Debe Maxwell, CRS, Charlotte Homes for Sale - Charlotte Neighborhoods
(www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive)
Comments 51
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 Kari Klaus, Founder & CEO of VivaGreenHomes.com: Eco Listings
Comments 0
A fixer-upper’s guide to find money for residential energy efficiency upgrades. By Lyra DeLora  Content Contributor for VivaGreenHomes.com  For first-time homebuyers who are willing to put in a little sweat equity, and make their new homes more energy efficient in the process, here are a few fina...

By Tony Morganti, CRS, ABR - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
Comments 2
Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters.This has ca...

By Bruce Minter
(The Real Estate Group)
Comments 4
You're not going to take my advice.The end of the month hopefully brings a flurry of closing activity. If your client has taken your advice all along all will probably go well.I am the listing agent and in Nov. I had a closing scheduled that, well, still isn't closed. Why? The buyer didn't take h...