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 George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 23
A recent study by ID Analytics titled "Millennials: High Risk or Untapped Opportunity?" gives a mixed review on How Credit Worthy Are Millennials.  This is important because the way millennials are perceived and their credit worthiness is very important to their ability to qualify for a mortgage ...
By Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 11
No Pooled Insurance Without a Master AssociationThis may be one of those cases where FHA makes internal changes to its guidelines for condominium project approval and doesn’t tell anyone, which sometimes happens.  We who submit condominiums for FHA project approval often don’t learn about such in...
By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 8
The Lender Almost Killed the Sale. I don't pretend to know all about insurance premiums and neither should the lender. The Lender Almost Killed the Sale. What a wonderful situation it is to have a really qualified buyer that has been so conscientious that he has saved a hefty downpayment and paid...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
  “Getting Tired of the Classes, Why Would I Market to Only One Age Group?” So much I read these days talks about Marketing to seniors or millennials or whoever, I’m not going to do it. I am in the mortgage business no matter if a reverse mortgage or a mortgage for a first time home buyer. Can yo...
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 5
Buyers wasting our time! Does it happen often?I am just little concerned about this agent who is 'over-committed' to the buyers.As I re-blog one more post about time wasting buyers, here's the first one of the day from my dear friend Joe Petrowsky .     “Five Pre-Qualifications Last Year and Anot...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY May 21, 2015, 7:30 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-7 Day Close: LOCK 8-14 Day Close: LOCK 15-30 Day Close: LOCK MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 5-21-15: 3.84% - Down 0.01 Point Rate Price Based on 3% MBS - ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 15
  “Client Wants a Divorce”  Divorce that is from the Realtor I referred to them a number of months ago. I know the Realtor has put in a bunch of work and now to be told they want to work with someone else. It just doesn’t seem fair. There is an agreement in place and the Realtor isn’t willing to ...
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 14
Can I Switch Mortgage Lenders if an Appraisal is already done?       In a word, YES.  You can.  In an explanation, like so many things in the mortgage world, it's a gray area.  Some lenders won't accept them at all.  Others will require a borrower use a certain loan product if they want to use an...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 19
  “Five Pre-Qualifications Last Year and Another today” I certainly don’t mind doing a pre-qualification for my clients, but 4 of the 5 offers last year didn’t even get them to the starting line. I give this Realtor credit for hanging in there with these clients. With this mortgage they told me t...
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 10
Who is going to define the real estate market a decade from now?Of course, Millennial!Can they buy the home they like?Or as Joe Petrowsky shares in this re-blog, there will be a major impact on their buying, thanks to Student Loans. “A TransUnion Study on the Effect of Student Loans”     The stud...
Home buyers are often drawn to the FHA mortgage program due to the low interest rates, low closing costs and generally attractive loan terms. However, there will come a time when many who have an FHA mortgage want to refinance. After all, refinancing a mortgage may allow you to tap into your home...
By Kathleen Barnato, Realtor - Santa Barbara/Montecito Real Estate
(Kathleen Barnato, Your Santa Barbara & Montecito Connection)
Comments 0
This is good news - in my area, Santa Barbara south coast area of California, there are very few REO's and short sale properties on the market.    0  The mortgage delinquency rate (the rate of borrowers 60 days or more delinquent on their mortgages) declined to 2.95% in Q1 2015 – the first time t...
By Mike Bjork
(American Pacific Mortgage)
Comments 2 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 yanni raz
(hml investments)
Comments 1
Hard money loans are by no means an innovation.  In fact, they have been around since the early 1950’s, yet, many people are not aware of the benefits of the loan, or how they can take advantage of the opportunity. What is hard money? In an extremely simplified manner hard money loans are: Large...
By Axis Financial Consultants
(Axis Finance)
Comments 285
We are providing all types financial services ;Offering loans, equity funding, joint venture,business finance, project finance, bank instruments like mtn, bg, lc, sblc, pof. We are in direct contact with top European banks and private lenders. There are no chains of brokers.We also collaborate wi...
By JOE RYSTROM & TEAM, Real Estate Professionals
Comments 3
 10 rules after you're pre-approvedCongratulations, you have been pre-approved, after providing reams of tax and other financial documents to your mortgage professional. Now to maintain your pre-approval... We explain to our clients during the buyer's consultation, and during home buyers seminars...
By Bruce Reichstein, VA & FHA Home Loan Expert +26 yrs
(Founder of,
Comments 10
A reader asks, “I was told when I separated from the US Air Force that I was eligible for a VA funding fee refund because I am a 90% disabled vet. Is that true and if so where do I start to get the refund?” The answer to this particular question depends on where the veteran is with two processes–...
By Melvin List, Purchase Specialist
Comments 1
FHA 203(k) Program   Our FHA 203(k) Renovation Program (FULL and STREAMLINE) allows for a qualified owner-occupied buyer to purchase or refinance a 1-4 family home in “As-Is” condition.  The program lends purchase money and repair money in one mortgage, allowing a buyer to close “As-Is”.  The rep...
By David Krichmar,
(, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 4.125%Credit score:740LTV:80%Loan Amount:$200kAPR: 4.32%FHA 30 year: 4%Credit Score:740LTV:96.5%loan amount:$200kAPR:5.02%Conventional 15 year:3.375%Credit score:740LTV:80%Loan Amount:$200kAPR:3.42% Rates are Subject to ChangeCall me today if you are thinking of ref...
By Michelle Carr-Crowe-Selling Silicon Valley Homes in Top Schools San Jose, Cupertino, Saratoga, Palo Alto-Just Call 408-252-8900, Family Helping Families Buy & Sell Homes 40+ Years
(Just Call (408) 252-8900!)
Comments 2
Did You Know Most Lenders Now Only Lend on Income, Not Home Equity?by Silicon Valley REALTOR Michelle Carr CroweMost real estate agents and homeowners know that lending guidelines changed significantly over the past few years. But, Did You Know Most Lenders Now Only Lend on Income, Not Home Equit...