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 19
“Inquiry Says POOR Credit, but Score is 675”   I normally get 3-5 inquiries off my website every week. The information requested is very basic - name, phone number, email address, estimated mortgage amount needed, rate your credit and comments.   It always amazes me how many folks view their cred...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 0
“I Am Shopping for the Lowest Interest Rate”   Really, what a concept, as if someone is actually going to call and say they are looking for the highest rate.   I’m not sure what possessed me, but I happened to be driving home and took a call from a prospective home buyer. He immediately said, I a...
By Mark Taylor, 602-361-0707 #MarkTaylor #Awesomerates NMLS#207897
(and for 1st Time Buyers, Move Up Buyers & Investors )
Comments 0
Will Refinancing Your Mortgage Really Pay Off?     To refinance a mortgage means to pay off your existing loan and replace it with a new one. There are many reasons why homeowners opt to refinance, from obtaining a lower interest rate, to shortening the term of the loan, to switching mortgage loa...
By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 1
HomeBridge Financial Services will now go down as low as a 580 Credit score!!! There are some important points/restrictions to keep in mind: This isn't for the person living with Mom that has bad credit- It is for the good person that something bad happened t. We need a 12 month housing payment ...
By David Krichmar,
(, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 4.5% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.79% FHA 30 year:4.25% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.87% Conventional 15 year:3.5% Credit score:740 LTV:80% Loan Amount:$200k APR:3.72%   Rates are Subject to Change Call me today if you are ...
By Phil Caulfield, Mortgage Lender - San Francisco Bay Area
(Absolute Mortgage Banking)
Comments 0
A pledged asset mortgage loan is simply the substitution of assets (usually money market funds, CDs, stocks, bonds, and/or mutual funds) as collateral in place of equity in the property. For example, a lender may reduce the down payment requirement by accepting a pledge of assets in lieu of the p...
By Phil Caulfield, Mortgage Lender - San Francisco Bay Area
(Absolute Mortgage Banking)
Comments 0
Now that you understand what a pledged asset mortgage loan is and how it works, I will explain to you why someone would want to get a pledged asset mortgage loan. Bill Buyer likes his investments. He believes that the return on these investments will benefit him more than liquidating them for the...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 15
“FHA Needs to Lower Fees and MI”   Three times last week, someone didn’t qualify for an FHA loan because the fees, primarily the monthly mortgage insurance.   For these three different transactions the monthly mortgage insurance were as follows: $409, $361 and $212 and that amount stays in place ...
By Eric Boucher, The FHA Condo Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 12
VA Condominium Project Approvals Update This is the final article that I had planned to write about the round table session that I attended in Washington DC last month.  While our company specializes in FHA condominium project approvals, we have also helped to facilitate the VA condo project appr...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 63
Just when you think you have heard it all, you are quickly proven wrong.  Straw Buyer Loan Fraud Schemes are nothing new to the Lending Industry, however, this one which was reported last week added a New Twist To Straw Buyer Loan Fraud Schemes. On Thursday of last week a former Police Officer fr...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
If you want to diversify your funds but you aren't sure how to do it, it is time to consider a trust deed investment Arizona. But where to start? It’s important of course to do your research, but we have a few tips that can help you as well. For one, we want to say that you are doing the right th...
By Bruce Walter
(Keller Williams Realty Lafayette/West Lafayette, Indiana)
Comments 37
    Social Security Administration using the IRS to seize tax refunds on alleged overpayment long ago.   I am just fine with my tax dollars going to support our federal government as I can't afford to hire an infantry division to keep Vladimir Putin out of my backyard, or pave the roads so I can ...
By Bill Ladewig, Your FHA Guru - FHA and VA Loans Since 1970
Comments 1
MORTGAGE INTEREST RATE LOCK ADVISORY April 23, 2014 8:00 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: FLOAT The cost for a 4.00% rate based on Mortgage Backed Securities is down 0.20 point. 30 Day Mortgage Interest Rate Lock or Float ...
By Will Nesbitt, Nesbitt Realty is a family-run brokerage.
(Nesbitt Realty at Condo Alexandria)
Comments 0
Creative way to come up with a down payment, is an interesting article with a useful tip for those interesting in purchasing a home. For more specific information about coming up with a down payment, continue reading below. I get this question sometimes: “Can I sell a car to come up with a down p...
By Mike Bjork
(FirstCal Mortgage)
Comments 0 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 Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 0
I get this question sometimes: “Can I sell a car to come up with a down payment?” The answer is “yes”. …It’s possible to sell a personal asset (car, boat, jewelry, baseball card collection, etc.) to raise the money for your down payment. Here is what you would need to provide the mortgage company...
By Aaron Norris, MBA, APR, Hard money lending and real estate investments.
(The Norris Group Hard Money Lending)
Comments 0
California hard money loan closed in Orange, California. California trust deed at $300,000 at 12% on Orange investment property. See more at  For more information about The Norris Group's California hard money loans or our California Trust Deed, investments, call our office at ...
By Axis Financial Consultants
(Axis Finance)
Comments 18
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 Jeff Jensen
(Annie Mac Home Mortgage)
Comments 2
After six positive sessions, S & P 500 futures opened slightly down this morning.  The raw data was actually there for a positive day as Boeing, AT&T, and Dow Chemical had strong earnings ahead of what the street expected.  Manpower actually tripled its profits in the first quarter.  The only cau...
By Bruce Reichstein, VA Home Loan Expert +26 yrs -
( / Emery Federal Credit Union - Mortgage Banker - RE Agent Trusted Lender)
Comments 0
There are many common--and uncommon--questions about VA home new purchase loans. One uncommon question involves something called "secondary borrowing", or getting a second mortgage. Does the VA allow this practice? According to the VA Lender's Handbook, Chapter Nine, it may be possible to get a s...