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 Thierry Roche
(Keller Williams Real Estate)
Comments 1
According to an article posted by Bankrate.com on December 12th, the 30-year fixed mortgage rate rose to 4.02 percent which is up 3 basis points since the same time last week. At that rate you will pay $478.57 a month in principal and interest for every $100,000 financed. That is $1.73 higher tha...

By YourSiteNeedsMe SEO Team, $399 Real Estate Websites - YourSiteNeedsMe.com
Comments 0
If you’re like many homeowners, you’ve heard of a second mortgage — but what is it, and is it something you should start researching? Many people who have purchased Aspen homes for sale have explored their options and chosen to work with their lenders to procure a second mortgage… so could it be ...

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 0
Are you planning to move to Auburn or move to Opelika soon and wondering how to shop for a mortgage?  It’s not exactly the kind of fun holiday shopping you had in mind. Still, your ability to sniff out a great mortgage is crucial to your financial well-being as a future homeowner, because the dec...

By Lise Howe, Assoc. Broker and Attorney Licensed in DC, MD, VA,
(Keller Williams Capital Properties)
Comments 4
If you need help pulling together funds for a down payment, you might consider asking for a gift from a family member.  It is a giving time of year, and what better gift could you receive than the gift of a down payment for a home? Many people get gifts for this purpose, but  it isn't as simple a...

By Adam Crocker
(Elite Properties)
Comments 0
   Most of us favor a high degree of predictability when it comes to things like the interest rates on mortgages. In that realm, “poised” is a bad word. When anything is poised, it means it’s about to do something different: change. For those who like predictability, change is unwelcome.But this ...

(RE/MAX Premier Group)
Comments 0
Two out of three (62.5%) mortgage experts polled by Bankrate.com this week think the mortgage rate will continue to rise over the short term, and 25% foresee little change. Only 12.5% forecast a decline. See report here 30-year mortgage rate rises yet again - to 4.16%

By Deborah Spence, Awesome Realtor serving Philadelphia and suburbs!
(Weichert Realtors-Jenkintown Pa)
Comments 2
Do yourself and all those involved with helping you purchase your dream home a gigantic favor, BE PREPARED WITH THE DOCUMENTS YOU NEED TO APPLY FOR A MORTGAGE! Here is a generic checklist:1. Two forms of identification including a government photo ID.2. Pay stubs for the past 30 days including ye...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 11
First Time Home Buyer Grants  The Federal Home Loan Bank of Atlanta participates with approved lenders to offer First Time Home Buyer Grants to purchase properties and the money can be used for down payment and closing costs. 1stMariner Mortgage is a participant of this program. Here are some of ...

By Jean Richer, No Gimmicks, No Nonsense, only Straight Talk
(Keller Williams Realty Inc.)
Comments 1
If you are like a lot of people, you are probably looking at the end of 2016 and you are starting to plan for 2017. Make sure you look at your investment portfolio as well. This is something that is often overlooked as we don't think of it. Investing in the Ottawa Real Estate market is always som...

By Andrew Mooers, Northern Maine Real Estate-Aroostook County Broker
Comments 11
A few days ago your real estate buyer was all approved for a home loan. But oh what a difference a day can makes. Especially a Black Friday. A Cyber Monday can mess you up too. Because you shoot yourself in both feet and bleed out financially. Limited your chances, hurting your odds of getting th...

By Rick Elmendorf
(Elmendorf Team | Caliber Home Loans)
Comments 0
2016 is wrapping up quickly and the mortgage rates for 2017 haven’t increased, but they are expected to.  We've seen a dramatic increase in rates since the elections.  I know this is something that I keep talking about, but I want to make sure that my clients don't lose out on the opportunity to ...

By Karen Schimpf
(Commercial Capital Ltd.)
Comments 1
cc: by  https://www.flickr.com/photos/mastermaq/16453272600/in/photolist- If you have a 4 unit and less and need to close by the end of December, get your application in TODAY!!!   Give me a CALL TODAY to get your deals closed by the end of the year at 512-650-8630          Purchase     Refinance...

By Rhonda Howlett
(Clocktower Realty Group)
Comments 3
Can You Buy With Cash & THEN Get A Mortgage? This is a great competitive edge that many investors use.  With inventory low, especially this time of year, having the cash advantage can mean you get the house you want. Sellers don't necessarily have to take the better offer if the buyer hasn't been...

By Harry F. D'Elia, Investor , Mentor, GRI, Radio, CIPS, REOs, ABR
(Real Estate and Beyond, LLC)
Comments 7
HARRY'S TOP 10 MONEY TIPS FOR REAL ESTATE AGENTS   The entire country is looking at the bottom line since the collapse of the real estate market. Credit is tight right now so that means we need to know how money is coming in and out in our small business and family budgets as 2010 rolls out. Per...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 7
No one will care (or really should care) more about your Credit and credit standing than you. No one will suffer more consequences than you should something not be reported ... or an error performed.   Credit Reports and History: No One Will Care More Than You          No one cares more about yo...

By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 2
  7-day Market Stats for Condo properties inNORTH READING, MA 01864 as of November 11 2016 Median List Price: $156,450 Average List Price $156,450 Total Inventory: 2 Price Per Square Foot: $252/SqFt Average Home Size: 616 SqFt Median Lot Size: n/a Average # Beds: 1.00 Average # Baths: 1.00 Homes ...

By Bob Elliot
(RE/MAX Advisors)
Comments 0
As 2017 winds down, analysts are forecasting economic developments for 2017. Forbes identified three indicators that the U.S. housing market has recovered. Mortgage rates rose again last week; jobless claims fell and consumer sentiment jumped rose five points. The details: Housing Market Recovery...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 5
Many are falsely assuming that Interest rates will remain low indefinitely. They think the periodic "noise" heard regarding rates rising is of no real concern.   Interest Rate "Indifference" ... it Can Cost You        Interest Rates are talked about endlessly ...       Will interest rates rise .....

By Ron Trzcinski
(Century 21, The Real Estate Centre)
Comments 3
A Reverse Mortgage Possibility Let's say that you have a house that is worth $250,000 and that it has no liens against it. You sell this house for $250,000. Next you purchase a house for $500,000. To make the purchase, you put 50% down, $250,000, using the proceeds from the sale of your previous ...

By Giorgio Klinar, Senior Loan Officer NMLS # 1470826
Comments 3
When it comes to getting a mortgage, much of what you hear is true.   Underwriting is a bit tougher than it was 10 years ago.   There's added potential for snags in the process that can cause delays.   Sometimes, satisfying investor requirements is akin to the pleasure of getting a tooth pulled. ...