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 Michael McGlynn, Buyers Like Mike!....Find Out Why!
(Celebrity Homes)
Comments 3
“It’s impossible to get low down payment loans.” – FACT! FHA down payments are 3.5% and VA is 0%. In some areas, there may be some 0% down payment USDA loans available. FNMA and Freddie Mac have 3% down payment programs. “It takes perfect credit to get a loan.” - FACT! There is a relationship of...

By Rebecca Gaujot, the Go To Realtor®, Lewisburg WV Real Estate, Greenbrier County
(RE/MAX Vision Quest)
Comments 26
    For the sixth straight year, The Greenbrier donated more than $1 million in toys to local and national charities for its “Dream Tree for Kids” holiday gift drive.    The Greenbrier’s owner and CEO, Jim Justice, who is also West Virginia’s Governor-elect, initiates the drive with his own gener...

By Tony and Suzanne Marriott, Associate Brokers, Serving Scottsdale, Phoenix and Maricopa County AZ
(Haven Express @ Keller Williams Arizona Realty)
Comments 2
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi "Down Payment + Closing Costs/Pre-Paids = Total Funds to Close...But unfortunately, it's typically not that simple. Here's why...While the above equation is an appropriate starting point for buyers/borrowers, the actual amou...

By Bo Kociuba & Buster Elliott, Live & Love OKC!
(Berkshire Hathaway HomeServices Anderson Properties )
Comments 0
MORTGAGE RATES FOR THIS WEEKEND - January 6, 2017Check available mortgage rates for this weekend. They are steadily going up … but still, the rates are historically low! Lots of great looking homes on the OKC Metro market. Discover  YUKON or MUSTANG ... are these your preferred areas?  Start your...

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
Are you planning on purchasing a home in the Auburn - Opelika area soon and are wondering if is hard to obtain a mortgage? From the early 2000s through the housing bubble's burst in 2006, mortgages were extremely easy to get for anyone with even decent credit.Back in those days, legitimate banks ...

By Thierry Roche
(Keller Williams Real Estate)
Comments 1
“It’s impossible to get low down payment loans.” – MYTH! FHA down payments are as low as 3.5% for a credit score of 580 or higher. USDA may have 0% down options available in some areas. FNMA has 3% down payment options. Freddie Mac has the Home Possible Advantage program at 3% if your credit sco...

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 25
 The Funds Needed at Closing .. and How They are Figured           Most new mortgage clients I speak with have pretty basic concerns regarding their upcoming financing.  One of the questions I hear most often is ...      How much money will I need at my Closing?        A simple and quick answer m...

By Russell Smith, Team Move Creator - Ask me your tough questions!
(Team Move OVM Financial)
Comments 1
So has the lending world scared you into believing your credit score is your whole meaning in life? Obviously it isn’t, but it does play a very important role in key areas of life. Some you may surprise you. Credit scores could determine insurance rates, employment, opening a bank account, and of...

By Joe Lattanzio
(Russell Real Estate Services)
Comments 0
 If you have a good credit history and are prepared to invest in a home, you may be feeling pretty confident about the mortgage process. However, it’s important to be aware that there are things that can have a negative impact on your application. Whether you’ve just submitted your documents or a...

By Matt Schwartz, 580 FHA & VA Financing
(Nations Lending)
Comments 14
We  offer 580 scores for FHA financing, as well as 580 scores for VA financing.  No overlays, as a direct lender, all decision making, processing, underwriting, and doc draw is done in office.  Our goal is to close each and every file within 30 days of receipt of the executed purchase agreement ....

By John Lemos, Your Home Loan Expert
(Caliber Home Loans)
Comments 0
  Home prices in many markets have gone up recently.  This is leaving many retirees with sticker shock when it comes to trading up, or even trading down. Consider Anna and Olaf who are in the process of selling their $400,000 home.  They’ll be left with net proceeds of approx. $364,000 after payi...

By Tim Stoll, Experience.Trust.Results.
(Keller Williams Urban Dallas)
Comments 0
According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates fell over the two-week holiday season. Rates were down for 30-year fixed-rate loans with both conforming and jumbo balances, as well as 15-year fixed-rate loans. Rates for mortgages backed by the Fe...

By Susan Jacobsen, 20 Years Providing WOW Real Estate Service
(The Alliance Group Realty)
Comments 1
The SKINNY on homebuying in Bluffton, SCNow that I have your attention since it's January 2017 and everyone has the SKINNY mindset after holiday indulging, I'd like to introduce you to a great tool - whether you're a first time homebuyer or this is your 10th home or your second home, there is a t...

By Ben Gerritsen
(Mortgage Miracles Happen, NMLS ID: 1289680)
Comments 2
There are certain debts that show up on your credit that can be excluded from your Debt to Income ratio (DTI) when applying for a mortgage. Some debts, however, cannot be excluded and may affect your ability to qualify for a loan. The most common debts borrowers try to omit (leave out) from thei...

By Dennis Dahlberg
(Level 4 Funding )
Comments 1
By Dennis Baranowski, Esq. Geraci Law Firm Investing in trust deeds is nothing new. Investors have often sought investment in either fractional or entire trust deeds because of the better than average rate of return and the security that comes in the form of pledged real property. Unlike stocks o...

By Christopher Pataki, Hockessin Delaware Real Estate
(Berkshire Hathaway HomeServices)
Comments 1
 Good news for business and vacation travelers alike: Travel costs in the United States are expected to fall this year, according to a study by American Express.In spite of the competition between low-cost carriers and traditional airlines, shorter flight economy fares could decrease by 3 percent...

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 17
 Interest Rate "Indifference" ... it Can Cost You      Interest Rates are talked about endlessly ...     Will interest rates rise ... or won't they?   How big will the rate hike be? How soon will the Federal Reserve Board raise its benchmark interest rate? What indicators could influence a decisi...

By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Comments 0
 Latest rates, based on 20 percent down, $200,000 owner-occupant mortgages. The rates and terms may vary; check with lenders for details.   Aloha Pacific F.C.U. 531-3711 NMLS#377314 Term/Type   Rate %Pnts %APR 15-YR Fixed 3.375  1.125  3.574 30-YR Fixed 4.125  1.000  4.233 5-YR ARM    3.625  0.62...

By Joe Lattanzio
(Russell Real Estate Services)
Comments 0
 Last week’s economic reports were in short supply due to the Christmas holiday. Events reported included Case-Shiller home price indices, pending home sales and weekly readings on mortgage rates and new jobless claims. Consumer confidence was also released.Case–Shiller Readings Indicate No Slowd...

By Gayle Barton, Forsyth County Real Estate, Cumming GA Homes For Sale (404) 710-0204
(BERKSHIRE HATHAWAY Georgia Properties)
Comments 1
I’m supposed to be at a closing right now, but it ain’t gonna happen!When buying a new home there are many service providers you will choose to assist you.  Of course the first will be your Realtor, but you will also need the services of a lender and closing attorney/title office among others.I s...