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 John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 25
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 9
“Continuing to Build My Business Facebook Page”I am kind of late when it comes to building my Right Trac Facebook presence. But guess what? it is starting to payoff. These days I get two or more mortgage inquiries a week.I took a snapshot of the activity from last week. Can you assist me to “LIKE...
By Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 0
I’ve written about this before, but I think it’s worth repeating:If you are trying to purchase a house using part time job income the underwriter will want to see that you have a two year stream of this part time income before they will give you credit for it.Incidentally it works the same with b...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 0
  “They Forgot to Ask for My Social Security Number” I wonder how many folks actually fall for this crap, MR.HASSAN TRAIRATVORAKUL? THIS IS TO ACKNOWLEDGE THE RECEIPTS OF YOUR E-MAIL RESPONSE CONCERNING YOUR FUNDS SWIFT ALERT NOTIFICATION WE SENT TO YOU. BE INFORMED THAT OUR BANK SWIFT REMITTANCE...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 20
                                                 “They Listened and Did what was Necessary”It will have taken about 8 months, but Amy is now ready to be a homeowner. There are many Amy’s out there and once they are given the right advice they can stop paying rent. In this case it was wasting near...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 25
“I Already Found Out You Don’t Do FHA 203 K Loans” With all of the blogging that I do, my website constantly brings new potential business. When someone fills out one or more of the forms, these forms ask some very simple questions. When I get one of the inquiries, I will communicate back as foll...
By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Comments 4
Over Coming Financial Obstacles to Home Ownership!Many people feel they cannot afford a home. Some of them have even talked to a lender that has told them they cannot afford a home, or cannot qualify for the loan. The California Association of Realtors (CAR) put out a Inforgraphic showing what mo...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 24
  “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 Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 11
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 Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
  If you need a referral to a commercial mortgage broker, please call me.   RE/MAX West Realty Inc., Brokerage 416-745-2300 (office) BRMadigan@iSourceRealEstate.com (e-mail) www.iSourceRealEstate.com (web)     Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 ...
By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 2
@WarrenBuffett @MikeBloomberg @richardbranson  @Forbes @realDonaldTrump  all agreen you need to learn how to live financially free, get out of debt, build passive income. Things are always going to have their ups and downs. But it doesnt have to effect your finanical freedom Learn more http://goo...
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 16
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 Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 0
Legal Tradelines underwritten by an FDIC Bank that will help boost your credit score. Click here to get started  Use this coupon code at checkout to get 33% off our platinum tradeline: pl33m which is already automatically activated.Are tradelines legal?This is a question we get all the time wheth...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 28
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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 17
  “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 Bill Ladewig, Experience Is Your Advantage
Comments 1
MORTGAGE INTEREST RATE LOCK ADVISORY May 22 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 - C...
By JoAnn Moore, Home Loans in Delaware
(The Mortgage Market of Delaware)
Comments 3
Home Loans 101 – Purchases -Home loans may seem intimidating but are actually quite simple. There are several types of loans. The type you choose would depend on a few things. You may even qualify for several but one may be better suited for your particular situation.If you are a Veteran or Activ...
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 Jennifer Provencio, The Reverse Mortgage Speciailist
(Open Mortgage, LLC)
Comments 4
This week I received a call from a very frustrated woman who was trying to help her elderly sister and brother-in-law understand the reverse mortgage that is currently on their home. Irene, the woman who called, was at her wits end. She has been working with her sister, the estate planning attorn...
By Jeff Sipes, Blue Water Credit
(Blue Water Credit)
Comments 1
How the coming Fed rate hike will affect the average consumer - and how to best safeguard your finances. In June, some very important people will meet to make some decisions that will reroute the trajectory of the U.S. economy. The “Fed,” led by Federal Reserve Chair Janet Yellen, will have one d...