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 30
“I Hate Telling Someone They Can’t Qualify for the Purchase of another Home”   “So, I have you to thank for checking on this for us.  If someone would have come up with an offer I would not be the type to 'back out of a deal', so it's totally best that I inform the realtor that I no longer want t...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 25
“Reaching Out, Can be the First Step to Home Ownership” I got this email, a little unusual, but Judy took the first step.“Hi joe I am a first time homebuyer. I am  divorced with 2 kids; I am raising my grandson that is 12 the other 18. My credit is bad. I looking to buy a hud home. I have been wo...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 22
“I Made a Big Profit, Thanks to You”I remember when I first talked to Jim. He was scared to death about buying his parent’s home. They had referred him to me almost 10 years ago, as they planned on moving to Florida and they wanted to sell their Connecticut home to their son. When we met, he had ...
By Frank Rubi, MBA, 504-229-7423
(Real Estate Broker -, New Orleans, Baton Rouge and Lafayette, La. Great Louisiana Homes)
Comments 11
Barbara Mooers - A VA Loan Specialist, gives great advice on the DO's and DONT's During a Home Loan Closing. Last year I experience 2 times this type of behavior which cost the Buyers their purchase. So listen and do what the loan officer ask.  You have done the hard part in the house buying proc...
By Mary Yonkers, Erie/PA Real Estate Instructor
(Alan Kells 1-814-881-7548)
Comments 9
Why does the lender make getting a mortgage loan so difficult? Well, the simpliest answer goes back to an old, old saying, 'He who has the gold make the rules.'  And just what are the lenders' rules?     As a Real Estate instructor for Alan Kells School of Real Estate I use the 'Lender's Triangle...
By Joe Neuah, Doing Real Estate with Passion!!
(Rodeo Realty)
Comments 1
Economic update for the week ending April 25, 2015  Stock markets rise to record high levels -  More companies reporting first quarter profits above analysts' expectations, a rise in home sales, and rising oil prices lifted the markets this week.  The Dow Jones Industrial Average closed the week ...
By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 2
Everyone that reads this I hope will watch the video , and then go to the site. Every American must think about this and do something about it.   Here are some common subjects we are asked about and discuss in our services The challenges of living without a good credit  score How do get a credit ...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Terms The Bank Preferred Rates 1 Year 3.14% 2.79% 2 Years 3.14% 2.34% 3 Years 3.80% 2.49% 4 Years 4.54% 2.59% 5 Years 4.84% 2.69% 7 Years 5.30% 3.39% 10 Years 6.10% 3.89% VIRM 2.85% 2.20% The prime rate is 2.85%  
By Tom Horn, Appraising The American Dream
(Thomas Horn, Real Estate Appraiser)
Comments 7
I recently did an inspection for an appraisal on an FHA refinance loan. It was an older home that had been undergoing some updates and renovations. One of the biggest problems I see on older homes, and one which this home had, is peeling and chipping paint. This is not an issue with conventional ...
By Bob Thompson, 562.344.5626 | ALT-Doc, Private Money, Stated HELOCS and Stated Income, Direct Niche Lenders - Residential and Commercial
(FMC Lending, Inc. - Direct Niche Lenders)
Comments 0
Alternative Documentation (ALT-Doc) Loans3) 12 Month Bank Statement Averaging or 1 year taxes or Asset Amortization Loans for Self-Employed Business Owners.Must be Self-Employed for the last 2 years. Realtors are considered self-employed. 3, 5, 7 and 10/1 ARM's, 30 years amortization. Rates from ...
By Gary Miljour, Mortgage Lending for Arizona and California
(Starboard Financial)
Comments 16
I am sure you have heard about this by now, but if you have not let me share again. Effective July 1, 2010 all Mortgage Bankers and Mortgage Brokers in the State of Arizona will require their loan originators to be licensed. Now based on an exemption in the laws the big Interstate Chartered Banks...
By David Zuckerman
(Millennial Home Loans, LLC)
Comments 1
FHA 203k Refinance Loan For Existing Homeowners - No Way! - Refi That Rehab FHA 203k loan is not just for purchase transactions. Homeowners can consolidate their existing mortgage loan(s) and the cost of the home renovation project into one new loan up to 97.75% of the "after-completed" value of ...
By David Zuckerman
(Millennial Home Loans, LLC)
Comments 1
USDA Guaranteed Loan Refinance – Post Divorce and Legal Separation A USDA Guaranteed Loan can be refinance post-divorce without requiring a new appraisal report.  This allows borrowers who owe more on their current mortgage than the house is worth to refinance the house, thus removing their forme...
By Joetta Fort, Independent Broker, Homes Denver to Boulder
(The DiGiorgio Group)
Comments 2
I'm wondering if mortgage loan underwriters blog, because I really would love to understand the process more fully. Maybe then, I can have a better attitude about underwriters. So often, it seems like their job is to look for ways NOT to approve a loan, or to torture the applicant. Especially whe...
By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Comments 0
**REVISED ** Complete California VA Loan Limits for 2015 The VA has increased the VA Loan Limits for many California Counties effective 1-01-2015, increasing the California VA Loan Limits in some counties, and reducing some others to the "permanent high cost loan limit" of $625,500.   Some counti...
By Moriah Martin, REALTOR - Lehigh Valley
(Keller Williams Real Estate)
Comments 1
Lehigh  Valley Home Buyer Loans for TODAY not YESTERDAY. A NEW Loan to Buy  Foreclosures!  MAY 1ST 2010 Deadline - Use in addition to The Home Buyer Federal Tax Credit! NOW, THAT'S SO MAJOR INCENTIVE to purchase!THIS LOAN IS OPEN TO OCCUPIED Home Buyers and Investors!  Holly COW - Investors norma...
By Bill Ladewig, Experience Is Your Advantage
Comments 1
MORTGAGE INTEREST RATE LOCK ADVISORY April 24, 2015, 7:30 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-7 Day Close:  FLOAT With Caution 8-14 Day Close: FLOAT With Caution 15-30 Day Close: FLOAT With Caution MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 4-23-15: 3.65% - ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 38
“The Last Time We Worked Together, It was Hell” I worked nearly 4 months to get a mortgage for these folks. It seemed like every time I thought I had a handle on their situation a new curve ball was thrown at us and each time, it was “forgot about that or forgot to mention that”.  We went from on...
By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 6
Getting a home loan these days is a very interactive process.    Please visit the original blog if you wish to leave comments. You have done the hard part in the house buying process and chosen a lender and a real estate agent to work with.  You have also gone out and found the home of your dream...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 29
  “Family Home Ownership” Very often I get family members that want to purchase a home jointly, but not very often do I get a request to handle a pre-qualification for three generations. Two of the families were from India and the son and his wife were born in this country. What really made this ...