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 John Higgins, Branch Manager/Senior Loan Officer
(Best Choice Lending, Inc.)
Comments 1
 There are several important advantages of the MSHDA Down Payment Assistance (DPA) for Conventional mortgages over what has been traditionally offered with MSHDA down payment assistance. Including:  No upfront mortgage insurance & potentially lower monthly mortgage insurance than FHA (based on cr...

By Bob Elliot, 20+ Yrs Local Industry Experience
Comments 0
If you are in the market for a new home, one of the considerations you will need to make is how much to invest in your down payment. Let's take a quick look at some of the pros and cons of making a large down payment when buying your next home.A Large Down Payment Has Its Benefits If you have the...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 19
Now that we've experienced the fallout from the subprime lending disaster, there is no longer such a thing as "easy money."  Now you need perhaps ten to fifteen percent down, an excellent credit record and verifiable proof of income when you apply for financing.One reason for all this scrutiny is...

By Joe Boylan
Comments 0
The mortgage lending process might be the most stressful aspect of the home buying experience. Buyers and their Agents get frustrated with the seemingly endless requests for more information and more documentation. While understanding why these requests keep coming doesn’t relieve the stress it c...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 19
Reverse Mortgage Toolkit for Real Estate Agents Jenny Werwa, Director of Public Relations for the National Reverse Mortgage Lenders Association is  a new member of ActiveRain. Please welcome her to ActiveRain and use her as a resource to learn more about the most effective use of reverse mortgage...

By Richard Woodward NMLS#217454, Service Beyond Expectations! Your Texas Lender
(Service First Mortgage, NMLS #166487)
Comments 0
Divorce Resource you need to protect yourself. A professional divorce team has a range of team players including the attorney, financial planner, accountant, appraiser, mediator and yes, a divorce lending professional. Every team member has a significant role ensuring the divorcing client is set ...

By Michael McGlynn, Buyers Like Mike!....Find Out Why!
(Celebrity Homes)
Comments 0
Regardless of what a lender quotes on mortgage rates, the actual rate a borrower pays is based on a number of variables. Lenders determine whether to loan money and at what rate based on the risk involved with the transaction. Factors that increase the risk that the loan will be repaid will propo...

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 December 8, 2017  Please enjoy this quick update on what happened this week in the housing and financial markets.    The Fed will meet next week for the final FOMC meeting under Fed Chair Janet Yellen. Jerome Powell has been approved by Congress to take over in 2018. Jobless...

By Sean McDowell, Mortgage Consultant & Co-Author of Mortgage Maze
(Fairway Independent Mortgage Corporation)
Comments 0
There are likely many people in your life that you trust to give you advice – from friends and family to business professionals. You may have a CPA who assists you with your taxes and a financial advisor who lends their expertise on how to invest what you earn. You might even have a nanny who hel...

By Bob Elliot, 20+ Yrs Local Industry Experience
Comments 1
Last week's economic reports included readings on projected top housing markets for 2018, weekly readings on mortgage rates and new jobless claims. Labor sector readings on private-sector job growth, private and public-sector job growth and the national unemployment rate were released. Projected ...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 9
    FHA loans seem to be one of the main choice of mortgages in the last 12 months or so. There are many reasons for this. And FHA loans will definitely be the main choice for anyone buying a condo now. More on that later.. What I hate hearing is that FHA mortgages have taken the spot of the subp...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 0
FHA and VA Loan limits have just been releasedLate November Fannie and Freddie announced the new conforming limits - you can read about them here:  2018 Conforming Limits  VA “loan limits” for 2018 have been announced and are the same as the agency conforming limits as previously publishedThe cha...

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 6
 Changes Coming in 2018 Conforming Loan Limits  What, Where, How, and Why? If you read the news or follow announcements made in regards to credit and finance, you may have seen the recent announcement (11/28/2017) by the Federal Housing Finance Agency (FHFA) addressing maximum conforming loan lim...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 1
Qualifying for a bank mortgage is like trying to trying to place the moon in a tiny cup for people who do not have near perfect financial records. And it is not just them. This also affects individuals who’ve only recently moved to Canada as well as people who are self employed. What’s there to d...

By Michael McGlynn, Buyers Like Mike!....Find Out Why!
(Celebrity Homes)
Comments 1
In the late 80’s, both FHA and VA began requiring buyers to qualify to assume their mortgages. The main reason there haven’t been many assumptions in the past 25 years is that interest rates have been steadily going down and if a person has to qualify, they might as well do it on a new loan and g...
My new client, Sam, wants to buy his dream property out in the country ~ a little farm close enough so his wife doesn't have to drive a long distance to work, but far enough out so he can have a large garden, 1 cow, 2 pigs and a couple dozen chickens. He'll retire in a few years, and wants to "ke...

By Eleanor Thorne, Equity Resources 919-649-5058
(Equity Resources)
Comments 1
I don’t know who pays attention to stocks but there is usually an inverse relationship between stocks and mortgage bonds.  When stock are blowing away milestones like they are today, mortgage bonds take a hit.  This occurs as investors seek yield, it is a constant flight to higher returns.  Mortg...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 1
Pensacola Homes and Real Estate,Long-term mortgage rates push closer to 4%The average FRM rose to 3.91%, up from last week's 3.85%. It's the second week in a row for an increase and the highest level since July. Read more.   Upcoming Events in Pensacola, FL | Pnj Events - Pensacola News ...popul...

By Dan Papadapoulis, Home equity loans, second mortgages Toronto
(Mortgage Central Nationwide)
Comments 0
It looks like the central bank is not going to announce changes in interest rates soon, as can be inferred by economists regarding the matter.Senior deputy governor Carolyn Wilkins and governor Stephen Poloz of Bank of Canada will provide an update soon; but experts are not expecting them to give...

By Tom Gilliam- RE/MAX Classic, Exceeding Your Expectations
(Re/Max Classic)
Comments 2
The tax deadline is right around the corner! Do not miss out on money saving tax benefits of real estate ownership. The Farmington Hills Michigan homeowner tax advice in this blog may help with your tax returns. Look for the 1098 Form from Your Mortgage CompanyInterest paid on primary mortgages, ...