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 24
  Avoiding a Homeowners Insurance Disaster When You Apply for a Mortgage When buying and financing a home, prospective Borrowers are required to produce a variety of documentation  and information to their Lender at the time of application and prior to the Closing of their loan.  In almost all ca...

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 Average 30-year mortgage rate rises to 4.19%A sharp jump from last week's 4.09% marks the first 2017 increase after three weeks of declines. It's notably higher than the 3.65% average for all of 2016, and 50% of experts predicted this week that rates will ...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 46
The increasing concern over the number of college graduates who are starting off their career with huge student loan debt, is well know and has been highly publicized.  What is not as well know, but in my opinion of equal concern, is the increasing number of Senior Citizens Entering Retirement Wi...

By Joan Cox, Denver Real Estate - Selling One Home at a Time
(Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373)
Comments 4
Are you facing foreclosure? Did you get laid off, and the payments are too much handle? There are some options you may want to explore before you "give up".First, call your lenders and ask what options they may have. There is a chance they may drop the interest for a year, to get you on track to ...

By Joan Cox, Denver Real Estate - Selling One Home at a Time
(Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373)
Comments 0
Denver based CHFA (Colorado Housing and Finance Authority) has announced a couple new programs to assist homebuyer struggling in this recession.    HomeOpener and HomeOpener Plus mortgages are now available to first time homebuyers and homeowner who have purchase at least one home already.    Thi...

By Joan Cox, Denver Real Estate - Selling One Home at a Time
(Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373)
Comments 0
What good news!   Mortgage applications have increased 11%, due to the number of first time homebuyers actually jumping into the housing market!     This HOPEFULLY will help our multiple family home dwellers, to move-up into the next price range, and will continue this trend upward.     Our $500K...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 0
  In most of New Jersey and in many parts of the country there is an inventory shortage in the housing market.  This has caused problems for buyers and created a sellers’ market. Buyers want great houses in great locations. Even great houses in not-so-great locations are getting plenty of attenti...

By Christopher Pataki, Hockessin Delaware Real Estate
(Berkshire Hathaway HomeServices)
Comments 1
  Life insurance is a policy that some should absolutely consider while others may be able to forego, according to many financial advisers.The primary earner in the family can benefit from taking out a term life insurance policy to cover the years he or she expects to work. This policy can act as...

By Mike Young, FHA 203k Consultant 707-812-7668
(203kOnLine.com, covering California & most other states)
Comments 0
How do you cost out a project for FHA 203k project?HUD handbooks provide the answer to this question. Your choices are R.S. Means or HomeTech Publishing. Years ago I took a week long class from R.S. Means at a cost of about $1,500 as I recall, to be able to tell 203k consultants all over the coun...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 11
Closing costs are often misunderstood and both over and under estimated.  So, here's some good information about closing costs from Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi :  Your Buyer's Guide to Closing Cost Credits Closing Costs ... people are always interested...

By Melissa Marro, Jacksonville Real Estate and Home Staging
(Keller Williams First Coast Realty - The Marro Team)
Comments 5
While I am a licensed Realtor with Keller Williams, I have put that hat into moth balls and instead spend my time as a professional home stager. My husband quit his job last year to take over my real estate team. Last week we lost a deal that should have been easy cheesy. The deal was all cash on...

By Nick & Trudy Vandekar, Tredyffrin Easttown Realtors, Philly Main Line
(Long & Foster Real Estate Inc )
Comments 6
Tredyffrin Easttown home buyers, a great answer to why you need to obtain home owners insurance from a mortgage professional.   Avoiding a Homeowners Insurance Disaster When You Apply for a Mortgage   When buying and financing a home, prospective Borrowers are required to produce a variety of doc...

By Lynn B. Friedman, Concierge Service for Our Atlanta Sellers & Buyers
(Atlanta Homes ODAT Realty Call/Text 404-939-2727 Buckhead - Midtown - Westside -- and more ...)
Comments 5
CHICKEN LITTLE -- The Fed is Meeting!!! No rate worries, Henny Penny!                                                                          Mortgage advice comes in every flavor under the sun. Take the Federal Reserve March 2017 Meeting dire predictions and worries for example. That's the reas...

By Moe Dadseresht, Buyer/Seller agent
(Austin Skyline Realty Inc.)
Comments 5
Start of the year is a great time to review your finances. As 2017 starts, make an effort and get into the habit of reviewing your bills and inspect them for ways to save money. You may have added cell phone plans, changed cable and internet subscriptions, and signed up for trial offers (which au...

By Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent
(Berkshire Hathaway HomeServices PenFed Realty, Your Clarksville Real Estate Professional)
Comments 16
Many home buyers have questions about getting their homeowner's insurance in place for the closing. As soon as a contract has been accepted is not too early to start shopping and looking for good coverage. Read the article by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Ref...

By Pam Orzan PA ~ Delray Beach Realtor Berkshire Hathaway Florida Realty Delray Beach, Selling Delray, Boca Raton, & Boynton Beach
(Berkshire Hathaway HS Florida Realty)
Comments 2
Changes to Credit Scoring Coming Soon!  Here's potentially good news for consumers: The nation's three largest credit-reporting agencies will soon exclude tax liens and some civil debts from their reports.This could improve consumer's credit scores as long as they don't include consumers' names a...

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 1
Do you own a house in Auburn, AL or Opelika, AL and are looking for ways to reduce your taxes through home ownership? The tax landscape changes yearly. Congress meets occasionally to review and adjust the tax code, so first-time homebuyers must stay on their toes to understand year-to-year tax ch...

By Danielle Doucet, Kamloops Real Estate, buy or sell in Kamloops BC
(Kamloops PropertyFor Sale)
Comments 1
The U.S. Federal Reserve raised its key interest rate from 0.75 per cent to 1 per cent today, in a move widely anticipated by economists and investors. The hike is the second increase since December and reflects growing confidence at the central bank that the U.S. economy is now on solid footing...

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 3
Average Closing Costs in IllinoisThe survey was done by Bankrate and ranks each state for buyers closing costs. In Illinois our average costs would be $2079 on a $200,000 home purchase.    This will give you a good rough estimate that would be needed for closing or to double check your costs on y...

By Kasey & John Boles, Boise, Meridian, Ada/Canyon/Gem/Boise Counties
(Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com)
Comments 15
Excellent Tips & Reminders for Home Buyers by Debe Maxwell.  And I will add:Don't make any large purchases - not a car, not a boat, not a refrigerator, washer/dryer or other piece of furniture for your new home - nothing, unless you speak with your lender first.  And even then I'd recommend you w...