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 Tracy Becker, President North Shore Advisory, Inc
(North Shore Advisory, Inc Credit Education & Restoration)
Comments 1
Before the use of credit scores, lenders used data from credit reports, individual account information, consumer financials, and their own underwriter’s judgement when vetting loan applicants. As one can imagine, this quickly became a risky venture for banks since they began to face many discrimi...

By Eric J, Flannel Guy DIY
(Eric J - Dream Home Financing)
Comments 3
Stated income loans were all but eliminated back when the mortgage meltown happened. There was this feeling that too many borrowers were able to get loans when they had no business owning a home based upon their ability to repay the loan. In many instances, that is correct.The problem is back the...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 5
HUD ADDS DOWN PAYMENT OPTIONS TO HOUSING CREDIT Dina ElBoghady of the Washington Post reports that first time home buyers can now use the currently available $8,000 tax credit to help cover the cash required for the down payment and closing costs when using FHA mortgage financing for their home p...

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 50
 Quick Fix Credit Repair = A Myth While preparing for this article, I ran a simple Google search using the term "quick fix credit repair".  The result was remarkable.  Over 558,000 articles and references popped up in just seconds.You'd think with all the tips, info, and guidance available at the...

By Antonio Gonzales, CalBRE Broker, Private Lender & RE Investor
(Lantzman Lending & Sustainable Realty Group)
Comments 1
 What is Hard Money & Why Would You Use it? A hard money loan (also known as a private money, rehab, equity-based or bridge loan) is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money loans are typically issued by private inv...

By Mark Edwards, East West Realty
(East West Communities, Hampton Roads, Virginia)
Comments 0
TowneBank Campus Expands at The Riverfront The TowneBank campus, located at front of The Riverfront at Harbour View community along Harbour View Boulevard in Suffolk, Virginia, has welcomed it’s newest addition, the 16,000 square foot TowneBank University. The Riverfront at Harbour View is an awa...

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban)
Comments 4
You can't just Google Credit Repair & expect to have things all sorted out in 30 days. That's not how it works! Gene Mundt gives you the 'low down' on how to repair your credit & it isn't using one of the companies that you'll find online! I think if consumers really took the time to see how much...

By Patty Clark, Helping Families Make the Right Move
(Metro Brokers/Morningside Homes, LLC)
Comments 5
While low inventory is certainly challenging buyers, not having a clear understanding of mortgage financing is also causing issues. By having good information, they are able to make better decisions as well as compete favorably.Most buyers don’t realize how the mortgage rate is determined for a b...

By Patty Clark, Helping Families Make the Right Move
(Metro Brokers/Morningside Homes, LLC)
Comments 4
59% of non-owners are not comfortable taking on a mortgage with their student debt according to the Aspiring Home Buyers 2017 survey. It is estimated that the college graduates have an average of $37,172 in student debt.Fannie Mae, who has loan programs with as little as three to five percent dow...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX Advisors)
Comments 1
Last week's economic reports included readings from the National Association of Home Builders, Commerce Department readings on housing starts and building permits and weekly reports on mortgage rates and new jobless claims. NAHB Housing Market Index Rises, Exceeds ExpectationsBuilder Sentiment ro...

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, FHA loans easier to get - but more in default More non-bank lenders are now offering FHA loans, and the past-due payment rate rose slightly. Experts disagree on whether that's good or bad. Read more.                    THOUSANDS OF HOMES.... One Address w...

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 Could rising mortgage rates be good for housing?While higher rates make it more expensive for buyers, rising rates could also push fence-sitters into action and convince banks that they can approve more loans. Read more.                    THOUSANDS OF HOM...

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 The Fed hiked interest rates. What happens to mortgages?The U.S. is in a "rising interest rate environment." That means there's a greater chance mortgage rates will go up rather than down - but it's never a sure thing. Read more.                   THOUSAND...

(RE/MAX Premier Group)
Comments 0
Buying a home is a daunting process for everyone. With so much fine print to read through, options to consider and decisions to make, it’s not surprising we often hire somebody to help us with the process. If you’re self-employed, you could possibly face even more challenges with loans, deduction...

By Richard Woodward NMLS#217454, Service Beyond Expectations! Your Texas Lender
(Service First Mortgage, NMLS #166487)
Comments 2
Divorce and Your Mortgage If you are going through a divorce, separated, or considering a divorce and you own a Texas home together with a mortgage then there will be issues that need to be addressed. The vast majority of loan officers are ill prepared to help effectively and if they are not a Te...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 45
  It's bad enough that some loan officers, aka MLO (mortgage loan originator), make less than what they should on a borrower for several reasons. Examples : 1.) If I spend countless days and hours helping someone work on their credit instead of them going to a credit repair person that could cha...

By Tony and Suzanne Marriott, Associate Brokers, Serving Scottsdale, Phoenix and Maricopa County AZ
(Haven Express @ Keller Williams Arizona Realty)
Comments 10
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi "...raising credit scores substantially typically takes time. There is no "quick fix"."Right on target - and - re-blog!   Quick Fix Credit Repair = A Myth   While preparing for this article, I ran a simple Google search usin...

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 May 12, 2017  Please enjoy this quick update on what happened this week in the housing and financial markets.    Inflation at the wholesale level, before it reaches the consumer, rose 0.5% in April and is up 2.5% for the last 12 months. Inflation pressures rates to go hi...

By Bill Burchard, Broker, Realtor, Representing Buyers and Sellers
(3B Realty: 951-347-3818, CA)
Comments 1
Fixed Mortgage Rates Avg. 4.02% (30-Yr), 3.27% (15-Yr) for Week Ending 5/18/2017. Just follow the link to view the latest Weekly Mortgage Rate Averages. Every week I report the latest national mortgage rate averages as determined by Freddie Mac.  I list the 30-year and 15-year fixed rate mortgage...

By Joyce Kelley, Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.
(Charles Stallions Real Estate Services Inc)
Comments 1
Home Buying in Gulf Breeze Florida 32561 FHA rules to change before Fannie, Freddie re-doExperts see targeted legislative and regulatory changes more likely than large-scale reforms, with FHA changes first and tougher GSE reform maybe in 2018. Read more.  THOUSANDS OF HOMES... One Address www.cha...