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 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 ...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX Advisors)
Comments 1
Last week's economic news included releases from the National Association of Home Builders and releases from the Commerce Department on housing starts and building permits issued. Weekly readings on mortgage rates and new jobless claims were also released. NAHB Housing Market Index Dips; Builder ...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 7
 Documentation and handling of gift monies received is vitally important.  Mortgage Underwriting rules regarding the receipt of monetary gifts are strict and need to be adhered to closely.  Wedding Gift Registries: Thinking Outside the Gift Box          A recent post entitled "Crowdfunding your d...

By Richard Woodward NMLS#217454, Service Beyond Expectations! Your Texas Lender
(Service First Mortgage, NMLS #166487)
Comments 1
A reverse mortgages (also called home equity conversion loans or HECM) enable homeowners age 62 and older to tap into their equity without selling their home (or purchase without making mortgage payments)The lender pays you money based on the equity you’ve accrued in your home; you receive a lump...

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 21, 2017   Please enjoy this quick update on what happened this week in the housing and financial markets.     Jobless claims hit a near 5-month low this week, supporting economic growth. Sustained labor market strength could contribute to higher rates. The failure to p...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 1
I found this helpful post on rent vs buying and thought it would be helpful in Pensacola Florida 32514.           THOUSANDS OF HOMES.... One Address www.charlesstallions.com                                           Sign up for our Monthly Newsletter Local Happenings on the Gulf Coast How Much IS...

By Sharlene Hensrud, Realtor. Listener. Knowledgable. Patient.
(RE/MAX Results - HomesMSP.com)
Comments 0
I have been working with several buyers lately planning their purchases with retirement in mind. I have been impressed at how purposeful they are… even more so because they aren't all thinking about retiring soon. Their plans are as different as their situations. Here are some examples… 15 year m...

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 12
 "Staging" Yourself and Your Finances for the Best Mortgage Available  Analogies are a tool I often use with my mortgage clients, as the comparisons and similarities showcased within my analogies deliver a bite-sized, more easily understood and digested method for my explanations ...  When utiliz...

By Tony and Suzanne Marriott, Associate Brokers, Serving Scottsdale, Phoenix and Maricopa County AZ
(Haven Express @ Keller Williams Arizona Realty)
Comments 8
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi ""HomeReady" can prove to be a very viable option for those Borrowers challenged financially by Student Loan Debt.  It also addresses challenges for those that rely on more non-traditional income sources.  For both scenarios...

By John Meussner, #MortgageMadeEasy Costa Mesa, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 3
Mortgage Refinance in Ventura, CA      I recently received a call from a client, and in the conversation they told me about a friend who was in an adjustable rate loan and trying to figure out the best way to plan her finances going forward.  He got me in touch with the potential borrower, and ba...

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
      Owner Occupied & Second Home Loans from $100,000 - $1,500,000       Minimum middle FICO score 620   90% LTV (NO MI)   Maximum DTI 50%   30 Year Fixed or 5/1 ARM   Reserve requirements 90% LTV - 9 months 85% LTV - 6 months 80% LTV - 3 months   Purchase - 90% LTV Rate and Term or Debt Consoli...

By Anna Banana Kruchten, CRS, Arizona's Top Banana of Real Estate!
(Phoenix Property Shoppe)
Comments 2
Have you ever thought about 'staging' your qualification for buying a home? If not it's a very wise idea, in fact if your market is in a HOT market if you don't have your qualification 'staged' (fully completed) you will most likely be out bid by another buyer that has taken the time to do so.Gen...

By Patty Clark, Helping Families Make the Right Move
(Metro Brokers/Morningside Homes, LLC)
Comments 5
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 Hal Timinsky, Closing Loans is My Business
(Envoy Mortgage)
Comments 0
 As part of their plan to improve credit report accuracy, the three consumer credit reporting agencies (Equifax, Experian and TransUnion) announced changes to what delinquent credit will be identified on credit reports. Effective July 1, 2017, most civil judgments and tax liens will no longer be ...

By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(eXp Realty)
Comments 1
Working with buyers is an art.Especially explaining them the importance of pre-approval.Cynthia Larsen shares this in this re-post.The Chicken and the Egg of Real Estate The chicken and the egg. Which comes first? When a potential buyer calls and wants me to show them a home, one of my first ques...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX Advisors)
Comments 0
Inflation Rate Stays Flat in JuneInflation was flat in June, but achieved a 0.00 percent reading as compared to May's – 0.10 percent reading. Analysts expected a June reading of +0.10 percent reading month-to-month. The Federal Open Market Committee of the Federal Reserve has established a benchm...

By Cynthia Larsen, Independent Broker Serving Sonoma County, CA
(Safe Haven Realty)
Comments 125
The chicken and the egg. Which comes first? When a potential buyer calls and wants me to show them a home, one of my first questions I ask is are you pre-approved for a loan? The reason for this question is simple. If I don't know what you are qualified for, I will have no idea what homes I can s...

By Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818
(Re/Max Eastern inc.)
Comments 4
Happiness is determining what loan is best for you  When I speak with my clients I always insist we have an initial meeting Sometimes in fact many times lately I have clients who are buying homes with cash  I also like these clients to speak with my mortgage banker  There may be reasons that they...

By Bill Davis, Real Estate Agent, Realtor 1st Time Homebuyer, Luxury Home, Investor Specialist Realtor, Bill Davis, Experienced and Professional Realtor
(West USA)
Comments 1
Realtor Bill Davis Report:  Mortgage Rates Push Above 4% Average Staying on top of real estate movement is an important function of a Professional Real Estate Agent and Bill Davis, Realtor in Phoenix, AZ shares this information about the real estate market.  Are you planning on buying your home s...