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 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. Rates may have changed click here to verify  Lender Term/Type Interest Rate % Points % *APR Aloha Pacific Federal Credit Union531-3711NMLS#377314 15-YR Fixed 2...

By Michael Cantwell, Helping you manage your largest asset.
(Highlands Residential Mortgage Ltd., - NMLS ID #134871)
Comments 2
There was some breaking news this week from Freddie Mac ( the Government-owned backer of many conventional mortgages ) in regards to what documentation Self Employed Borrowers will now need to provide to a mortgage lender to prove their income is still sufficient to qualify for a mortgage.   As m...

By Bob Elliot, 20+ Yrs Local Industry Experience
(eXp Realty)
Comments 0
Last week’s economic reports included monthly readings from Case-Shiller Home Price Indices, FHFA home prices, and readings on new and pending home sales. Weekly reports on mortgage rates and first-time jobless claims were also released. Case-Shiller Home Price Indices: Home Price Growth Pace Inc...

By Karen Schimpf, When the Bank Says No, I CAN Get Your Deal CLOSED!
(Commercial Capital Ltd.)
Comments 0
cc: by:https://flic.kr/p/PBq9iE      The stock market has rallied off the lows, so much so, that it has broken through key technical resistance. So of course, a pullback is going to happen. Except there is an old adage that says, you can’t fight the market. So of course, then it should keep goin...

By Rene Burchell, Experience Luxury Real Estate Service
(Coldwell Banker Residential Frisco)
Comments 3
Interesting article from National Mortgage News,what are you seeing in your area? Lets network!  12 housing markets where prices are cooling off Rene

By Ben Yost - 303-587-4297, FHA, VA, Conventional - Mortgage Loans in De
(First Time Home Buyer, Mortgage Rates, Pre-Approval)
Comments 3
 "Do I need great credit to get a mortgage?"Quick answer: "No!"Complete answer:Credit score is one of the most misunderstood topics about getting a mortgage. Many people believe that you have to have perfect credit and high scores to qualify. While having a higher score may help you obtain a slig...

By Rob Spinosa, SVP of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 5
Your Pandemic Guide to a Jumbo Mortgage  "Our Realtor said it's very difficult to get a jumbo loan these days.""We tried to do a cash out jumbo refi on our place but our bank told us that they're not doing those anymore.""We wanted to refinance our jumbo loan but by the time we did the research t...

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
  Protect Your Financial Health & Credit During COVID-19 ... Take These Steps Now  Your physical health and mental well-being must always be an important focus.  The grave challenges posed by the current COVID-19 crisis, make that even more true ...But it's not only your physical and mental healt...

By Lea Lagueux, Your Tampa - St Petersburg Local REALTOR
(Future Home Realty)
Comments 3
 These days, it seems like everyone’s looking for ways to cut costs and stretch their income further. Fortunately, there are some simple steps you can take to reduce your household expenses without making radical changes to your standard of living. When combined, these small adjustments can add u...

By Sally Dunbar, Fair Oaks Realtor - Fair Oaks Homes for Sale
(Lyon Real Estate, Fair Oaks CA (Sacramento Area))
Comments 61
Dang! It just happened again! My buyer's daughter transferred $20K into their account, because they're really buying the condo for the daughter with her money. (The daughter has bad credit, but a wad of money, so Mom and Dad are making the purchase for her).  Now we need to show proof of where th...

By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Comments 6
How Looooow will they go? When speaking of mortgage rates they are near record lows right now but they may be poised to go even lower this year.Clare Trapasso of Realtor.com wrote on May 21, 2020, "One of the few silver linings for real estate in the middle of this devastating coronavirus pandemi...

By Chris Dunham, The Real Estate Guy™
(NexGen Brokered by eXp Realty)
Comments 2
Fix your credit so you can buy a house - Credit Repair TimeUnderstanding how credit works is frustrating! I know first hand how hard it is to build back up a score once its plummeted to the ground! I have been selling houses for over 20 years, as a full time Realtor. SO when the AZ Market crashed...

By Karen Schimpf, When the Bank Says No, I CAN Get Your Deal CLOSED!
(Commercial Capital Ltd.)
Comments 0
  Did you read Danielle Hale , Cheif Economist at Realtor.com.  Predictions for 2020 before and after COVID 19 https://www.realtor.com/research/2020-housing-market-predictions-covid-19-update/ 

By Jerri McCombs, Broker, Hendersonville NC Relocation
(Dogwood Real Estate Services)
Comments 4
Hey all of you first time buyers! Are you having a hard time knowing what it may cost you to close on a home? Most sites deal with mortgage calculators which will give you an approximate monthly payment. But this Closing Cost Calculator will tell you what to expect in up front closing costs. If y...

By Lise Howe, Assoc. Broker in DC, MD, VA and attorney in DC
(Keller Williams Capital Properties)
Comments 10
I love this blog post by Gene Mundt.  We are frequently asked by our clients to recommend a lender (or two or three.) After you read this post, you can explain to your client why you recommended those particular lenders..... and why they should listen to your recommendations.      Choosing Your L...

By Ralph Mark Maupin, Michigan Real Estate Investors Host
(National Real Estate Network, LLC)
Comments 0
Click https://www.neededfunding.com/ Now Click https://www.neededfunding.com/ Now Business Funding, Payroll Protection Program & 23 Single Use Funding Services!100+ Lenders  •  10,000+ Loan VariationsQuick Application Apply Nowhttp://www.NeededFunding.comUnlike a bank, we are not tied down to a s...

By Chris Goulart, California Hard Money Loans & Solutions
(All California Lending)
Comments 0
With all the negatives to come out of the current pandemic situation, one positive is the historic low California 30 year fixed rate home loans available on the market.  For borrowers planning to stay in their homes for at least a few years, being able to secure rates at these levels makes a lot ...

By Bob Elliot, 20+ Yrs Local Industry Experience
(eXp Realty)
Comments 2
Last week’s economic news included readings from the National Association of Home Builders on housing market conditions and reports on housing starts and building permits issued.Fed Chair Jerome Powell testified before Congress about the impact of Covid-19. Weekly reports on mortgage rates and fi...

By Roy Kelley
(Realty Group Referrals)
Comments 6
Being ill-prepared for and poorly-informed about the mortgage process will, at a minimum, make the process more challenging and stressful.  It will also increase the likelihood of it costing more.  No one wants that. Miltoniopsis Orchids, Longwood Gardens, Kennett Square, PA USA IMG 8002         ...

By Liz Freeman
(RE/MAX Preferred Realty)
Comments 2
Homeowners have a variety of reasons for refinancing their homes. Before you make a decision about refinancing your home, you might consider the following questions. Below is a summary of an article in RISMedia by Michele Lerner, a writer for Bankrate.com.1. What are my financial goals? Are tryin...