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 Mike Jones, Mike Jones NMLS 223495
(SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) )
Comments 1
Prickly Pear Jelly, ActiveRain, and The Value of Connections Had the pleasure of sharing lunch with Mike Jones with Sunstreet Mortgage on Tuesday this week.  I have enjoyed working transactions with him in the past, and look forward to future endeavors.  When I got the message through LinkedIn a...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 11
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...

By Patty Clark, Helping Families Make the Right Move
(Metro Brokers/Morningside Homes, LLC)
Comments 0
 Consider the goal of funding a child’s college education in the future. If “other people’s money” in the form of a scholarship is not a possibility, there still may be another way to use some “other people’s money.”A $25,000 investment into a mutual fund paying 5% would earn $1,250 in the first ...

By Sharon Parisi, Dallas Homes
(United Real Estate Dallas )
Comments 3
Take time to read this well written and educational article about wire fraud, by Gene Mundt, an extraordinary loan originator in the Chicago area.   He shares mind boggling statistics about the sharp increase of wire fraud and provides readers with valuable tips to avoid falling prey to scammers....

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 9
The reverse mortgage can be a good solution for a certain segment of our population.  Unfortunately, the current advertising for this product will lead to many folks selecting a solution that may very well hurt them financially in the long run:    Make Up To 18 Points on a Reverse Mortgage!      ...

By Tracy Becker, President North Shore Advisory, Inc
(North Shore Advisory, Inc Credit Education & Restoration)
Comments 2
Myth #1: “Balances below 30% of credit card limits will result in the highest scores.” False. Ideally you want to keep your balances as low as possible but if you are going to apply for a mortgage having your balances (on revolving credit cards) under 10% of the aggregate limits will allow you t...

By Susan McCall
(Compass Realty Solutions, Portland, OR - Vancouver, WA)
Comments 2
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 Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX Advisors)
Comments 1
Last week's economic news included readings on new and existing home sales, Case-Shiller Home Price Index reports and an announcement by the Federal Open Market Committee of the Federal Reserve. Weekly readings on mortgage rates and new jobless claims were also released. New and Existing Home Sal...

By Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent
(Berkshire Hathaway HomeServices PenFed Realty, Your Clarksville Real Estate Professional)
Comments 11
Be aware of fraud and takes steps to protect yourself.     Wire Fraud:   What you need to know prior to Application for Mortgage       An increased focus is being given to the topic of wire fraud these days ...  Rightfully so, as the number of stories of attempted and successful wire fraud and sc...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 17
So what happens when a house doesn’t appraise? Now its not enough to find a house, beat out multiple offers to win the house, and get through repairs.  After all that, we are all — buyers and sellers and agents — hoping and praying the house will appraise for the purchase price.  It may or it may...

By Dora Griffin, NMLS 6380
(D A Griffin Financial.LLC)
Comments 5
ALL LENDERS ARE NOT CREATED EQUALLY I recently experienced a situation where the title of this blog "all lenders are not created equally" proved costly to the home buyer.A past client called me about her son who was trying to purchase a second home. At this stage he had found the home and written...

By John Meussner, #MortgageMadeEasy Costa Mesa, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 37
Make Up To 18 Points on a Reverse Mortgage!      This in bold font on an email I received last night from "Barrett Financial Group" (listed location, to avoid confusion with any other companies with the same name, is Gilbert AZ).       Recently, I've seen a lot of people question "why is there su...

By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
Comments 3
What To Do To Successfully Finance Investment PropertiesYou have your house for sale in Ballantyne completely paid off and now you’re looking to make extra income. Purchasing investment property is an excellent choice and produces a steady stream of income for years to come! Read this article to ...

By Dianne Goode, Realtor/Broker
(Raleigh Cary Realty)
Comments 16
Now its not enough to find a house, beat out multiple offers to win the house, and get through repairs.  After all that, we are all — buyers and sellers and agents — hoping and praying the house will appraise for the purchase price.  It may or it may not.  It’s a crap shoot.Back in the Good Old D...

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 2
Federal Reserve Announces Another Rate Hike The Federal Reserve has announced Wednesday, June 14, that a quarter-point federal funds rate hike is being implemented based on a strengthening labor market and declining inflation. This is the third rate hike in seven months and the fifth since Decemb...

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 28, 2017   Please enjoy this quick update on what happened this week in the housing and financial markets.     The Fed left policy rates unchanged at this month's FOMC meeting. They did say though that they will begin reducing their balance sheet 'relatively soon.' Trad...

By Margaret Kapranos, Matching Marin Sellers to Buyers! 415-608-5070
(Zephyr Real Estate)
Comments 4
    Home Ownership: Making the Dream a Reality   First Time Home Buyer or haven’t owned a home in 3 years? Or, down-sizing or up-sizing? Come to a free workshop to learn how to approach the North Bay market and qualifying for a loan in today’s new regulatory climate.These topics and more will be ...

By Nick & Trudy Vandekar, 610-203-4543, Tredyffrin Easttown Realtors, Philly Main Line
(Long & Foster Real Estate Inc 610-225-7400)
Comments 15
This week a local lender was suspended by HUD from issuing any FHA program loans due to fraudulently submitting false accounting statements to the government authority. The company, Seckel Capital submitted accounts over a period of years which were supposedly audited by independent certified pub...

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
 Mortgage Transactions Need Game Plans & Options Too  If you watch sports much (and admittedly, I do.  Just ask my wife), you've probably seen clipboards and playbooks in the hands of coaches on the sidelines. Those clipboards and playbooks hold the "game plan" for their team and their path to (h...

By Sandy Padula and Norm Padula, JD, GRI NMLS#1483386, Presence, Persistence & Perseverance
(Realty One Group)
Comments 28
Not that I like Sally K. & David L. Hanson ...OK; I do! Here is a very important blog post from them that spells out the simple truth of how devastating consumer credit card debt can be to so many people we encounter in our business and perhaps one of the primary reason why so many can't qualify ...