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 Barbara Mooers, 253-278-6389 HomeLoans;VA Loan-Specialist WA State
(Primary Residential Mortgage, INC)
Comments 98
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 dreams!  Best of all, your team has done a great job of negotiating the best deal for you.   Now, as a buyer, all you have to do is ...
By Mike Young, FHA 203k Consultant 707-812-7668
(203kOnLine.com, covering California & most other states)
Comments 2
Would you believe I'm about to turn 67 years old in a few weeks? I cannot believe it. My mother passed away at 54 years of age. Let's get back to the topic of today. We have an outstanding loan officer who is specializing in the 203K and located in the Roseville California area. She is Sh...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 27
“What to do When You Can’t Get a Credit Report Corrected”   I tell my clients to go online to access the laws that deal with these issues:www.ftc.gov  then check out the Fair Debt Collect Practice Act (FDCPA).   Three months out diligent calling and email the creditor and credit bureaus these pro...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 22
“Why Should I Use a Realtor to Sell My Home?”   Unfortunately more home sellers are asking this question. They bring up Zillow and Trulia as ways to circumvent having to pay a Realtor, which is absolutely crazy. The truth is home sellers don't save anything, as a matter of fact they more ofte...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“Should We Always be Marketing?”   There is a local restaurant that I like to frequent for lunch when I am out with referral partners. The table next to us had a group of four people that were having a good old time enjoying their liquid lunch. They were actually pretty loud, so it was pretty eas...
By Roy Kelley, Roy and Dolores Kelley Photographs
(Retired Real Estate Broker, Maryland Blogger)
Comments 1
Recommendations Mortgage loan professional Joe Petrowsky has some good advice for those that wish to have many recommendations. Ask for them! Please go to the original blog if you wish to leave comments. “Recommendations”   I recently wrote a blog about how I use Linkedin and specifically about r...
By Roy Kelley, Roy and Dolores Kelley Photographs
(Retired Real Estate Broker, Maryland Blogger)
Comments 0
What to do When You Can’t Get a Credit Report Corrected Mortgage loan professional Joe Petrowsky has some good advice for consumers that are having difficulty with credit report corrections. Please go to the original blog if you wish to leave comments. “What to do When You Can’t Get a Credit Repo...
By Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 0
Mortgage tip: If you are about to get into the loan process to buy or refinance a house – don’t go out and buy things on credit. It sounds simple, and you would think most people would know this without being told. I have a loan right now where a borrower got himself into trouble from doing just ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 18
“Recommendations”   I recently wrote a blog about how I use Linkedin and specifically about recommendations. I have received a number of emails asking me “How” and “When” I ask for recommendations.   First, there is always a right time to ask for recommendation. Let me first say, I never wait unt...
By Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 3
Mixed Use Condominium Exception Requests for FHA Condo Approval Mixed-use condominium projects may be eligible for an FHA condo approval if they meet these two basic requirements: ·        The total floor area of the non-residential space is 25% or less (calculations must be provided) and ·      ...
By Whitney Watson
(First Home Mortgage)
Comments 2
Why Do Credit Disputes Have to Be Removed Before My Mortgage Can Be Approve? This post has been a draft for almost a month, but I just couldn’t figure out the best way to present the topic.  However, at lunch with a few realtors yesterday, I heard a story that really highlights the importance of ...
By Bob Elliot
(RE/MAX Advisors)
Comments 0
FHFA Home Prices Grow at Slower Rate, Existing Home Sales Higher than Expected  The Federal Housing Finance Agency (FHFA) reported that the average sale price of homes associated with mortgages owned or backed by Fannie Mae and Freddie Mac grew by.40 percent in May with year-over year growth of 5...
By Bob Crane, Forestland Experts! 715-204-9663
(Woodland Management Service)
Comments 1
It has been another busy week of blogging in the rain this week with plenty of great posts to share, I hope that you enjoy the few that I do share! I encourage you to take a few minutes each week to share some of the gems that you come across, people will appreciate the support and you may even g...
By William J. Archambault, Jr.
(The Real Estate Investment Institute )
Comments 13
Standing Before The Bar / Why We Hate Applying For A Loan    I was 21 and out of the Marine Corp just ten days when I went to work for a small loan company, a week later I was making loan decisions affecting peoples lives. Just two weeks more and I was in the field making collection decisions tha...
By Geoff Gove
(Century 21 Van Der Wende)
Comments 3
  Homeowners having trouble keeping up with their payments may have a new option available to them. Along with loan modifications, short sales, and going cold turkey by defaulting with their lender, they can now opt to get a free paint job -- and turn their house into a billboard.  Adzookie, is a...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 33
In my blog the "Loss Mitigation Road To A Short Sale" about a work shop I attended this week on Loss Mitigation and FHA Short Sales, I mentioned that up until attending this workshop I was under the impression a homeowner who wanted to do a Short Sale on their property was able to apply...
By Thomas J. Nelson, Realtor, Connecting Good People with San Diego Lifestyle!
(Coldwell Banker Residential Brokerage)
Comments 3
  *42% of Americans surveyed, stated the #1 debt they want to pay off/ eliminate is their mortgage.     The largest single debt most Americans carry is their Deed of Trust (CA) or Mortgage for their home loan and 42% of those Americans want to pay them off first and faster than the scheduled ter...
By Liz Lockhart, GRI, Cape Girardeau Real Estate
(Riverbend Realty, Cape Girardeau, MO)
Comments 4
The distraught divorcee phoned to inquire about her ex's foreclosed house, which I had listed and under contract. She wanted detailed information on the foreclosure of the house. Turns out, she was not on the deed, thought they had agreed that he would "get the house," and believed...
By Melissa Zavala, Broker, Escondido Real Estate, San Diego County
(Broadpoint Properties)
Comments 1
Each and every week, there are things going on that impact housing news and the real estate market. Sometimes there are big changes to federal and state policies that impact the distressed property world. Other weeks, there is business news and distressed property news about government programs f...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 10
In my blog the "Loss Mitigation Road To A Short Sale" about a work shop I attended this week on Loss Mitigation and Short Sales, I mentioned that up until attending this workshop I was under the impression a homeowner who wanted to do a Short Sale on their property was able to apply for...