Mortgage / Finance

Anybody that's hung around the ActiveRain “water cooler” for any length of time understands the value of the relationships built on the site. AR is so much more than a social networking site, however.


It's also the place to get up-to-the-minute information on topics that affect your clients. Ask yourself: what's the most confusing aspect of buying a home for the real estate consumer? The answer is most likely financing the purchase. Credit scores and how they affect the mortgage rate, types of loan products, points, fees – whew! -- there's a lot to know about mortgages.


To serve your clients effectively you need to know about this stuff and keep abreast of changes in the mortgage industry. Thankfully, ActiveRain is not only popular with real estate agents and brokers but with finance professionals as well.


Whether you're an agent trying to figure out what the Fed's latest move means to your clients or a mortgage pro who needs input on how to build relationships with real estate agents, ActiveRain is the place to tap into a wealth of knowledge.

Trending blogs on Mortgage / Finance

 
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 95
“Beer Budget and Champagne Taste”   Brenda wanted to own a nice three bedroom ranch, but her budget was $150,000. In the area she wanted to live $150,000 wouldn’t give her what she wanted for her family.   Her Realtor called me regarding doing an FHA 203 K loan as the bank that did her pre-quali...
By John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 70
Here a Rush, There a Rush, Everywhere a Rush, Rush          Volume is up.  That means turntimes are up.  Along with stress levels.  Deadlines are approaching everywhere.  The only thing that typically doesn't go up when volume goes up is levels of customer service.  And I don't care if the BBB an...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY March 30, 2015, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close:  FLOAT With Caution 7-15 Day Close: FLOAT With Caution 16-30 Day Close: FLOAT With Caution MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 3-26-15: 3.69% -...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 1
  If you are looking for a FHA 203k mortgage in Texas, you have come to the right place.  The FHA 203k is a mortgage aimed at financing in the improvements to the property into your loan.   This is perfect for homes that otherwise would not get financed due to work that needs to be done.  Or poss...
By Jay Beckingham, "I love first time homebuyers"
(Premier Nationwide Lending)
Comments 2
Did you know that Florida Housing offers a program entitled "Military Heroes?" Well they do, and guess what? the rate is lower than the rest of their programs Most Housing Authorities offer programs exclusively for first time home buyers, but when it comes to our Veterans, that condition is waive...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 35
                                                                    “Return the Favor”There is a bankruptcy attorney that sends me at least one client a month. Most of the time, these clients have already been through the bankruptcy process. Some own homes others do not, but all are sent to me be...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 17
       “Lenders that Offer Construction Loans”   We are often asked to supply a pre-qualification letter to lenders that offer construction loans, but they don’t offer the end loans. For us, that works just fine as we don’t offer any construction loans.   Shane was given a building lot by his gr...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 25
                                                         “VA and FHA Streamline Loans”   Doing a VA or FHA streamline loan is a no brainer 90 percent of the time. No appraisals are needed and no income or job history is required.. I’m not kidding. Closing costs are minimal; often a credit from th...
By Maggie O'Connell, Experienced Reverse Mortgage Professional
(The Federal Savings Bank, Reverse Mortgages)
Comments 0
Reno - Sparks Adult Communities See Buyers Utilizing Reverse Mortgages to 'Buy Up' Links to Active Adult Senior Housing Communities in Reno - Sparks & Northern Nevada (below) When buyers search for the home of their dreams.... it's most likely above their price range.  That's when the Home Equity...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 8
  As you may already know, when getting a FHA mortgage you can have your Parent’s gift you your whole down payment.  But did you know that there are other ways to have you down payment gifted to you?  If not this is the article for you as I will go over the list of acceptable forms of gifted down...
By Bob Elliot
(RE/MAX Advisors)
Comments 0
Last week's economic reports included reports on new and existing home sales and FHFA's monthly home price index for properties associated with Fannie Mae and Freddie Mac mortgages. The details: New Home Sales Surge, Existing Home Sales Drop   According to the Department of Commerce, new home sal...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 27
“Three Florida Mortgages Later and Now a Fourth”   “Thank you, you are always so happy and helpful. God knows you were my financial saving grace leaving Florida.” Lee   Lee and her husband are leaving Houston and moving back to Sarasota, FL. I have been working with her, some of her other family...
By John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 13
Market on the Hump - 3/25/15          Up, up, DOWN.  I've said it before, and I'll say it again until it's no longer true.  Rates go up faster than they go down.  We saw it again as rates improved over the past 2 weeks, to the point where we're once again near historic lows.  The week started off...
By Victor Amadi, Greenville SC Realtor - Greenville SC Homes for Sale
(PRODUCER Realty LLC - Greenville SC Real Estate)
Comments 0
Listings to Leads - eFlyers   Beautiful 5 bedroom, 3 Bath home for sale in Simpsonville, SC !     Price Reduced!       Follow This Home! Schedule a Showing/Request Info Simpsonville SC Homes for Sale Mauldin SC Homes for Sale Greenville SC Homes for Sale Fountain Inn Homes for Sale Greer SC Homes...
By Mike Bjork
(American Pacific Mortgage)
Comments 0
http://MikesDailyMarketReport.com: Provides the mortgage interest rate trends and navigates through the current interest rates for home loans.  Mike Bjork provides this daily service by watching the interest rates in California by projecting his thoughts on the mortgage interest rates forecast.  ...
By John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 10
FHA Mortgage Guide Updates - Deferment & Interest     With FHA loans seeing a resurgence in the marketplace thanks to the recently reduced mortgage insurance premiums, it's once again important to keep up to date on the program changes, which happen pretty often as the program changes with the ma...
By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 15
Keeping score of your referrals, the ones you give and the ones you receive. Please visit the original blog if you wish to leave comments. “Are You Keeping Score?”     Keeping score of your referrals, the ones you give and the ones you receive. My goal each and every day is to give out 2 referral...
By Jeanne Dufort, Madison and Lake Oconee GA
(Coldwell Banker Lake Country)
Comments 6
Smart buyers in the Madison and Lake Oconee Georgia market understand that having a strong pre-approval letter from a local lender known to understand local properties can give them an edge when competing for the best properties. Will sellers with no other offers take a pre-qual - maybe. Why not ...
By yanni raz
(hml investments)
Comments 0
Hard Money Quick Loans For many investors looking to get the most out of their investments in real estate, hard money quick loans are an effective tool.  The hard money loan offers investors the speed and flexibility required to acquire quick financing and sped to market. In real estate, speed is...
By David Leonard
(Inlanta Mortgage)
Comments 0
Buying an Illinois home is probably the biggest purchase you'll ever make. Without the proper information, it can also be the most difficult. The following steps will prepare you for the responsibilities of owning a home.  https://www.madisonmortgageguys.com/loan-process/ Step 1: Getting Pre-Qual...