Groups are smaller communities within the larger ActiveRain. Join groups created by others. or start your own and
get others to join
This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
Curious as to what others in your profession think about a certain product or tool?
AR's community takes the time to leave honest and transparent reviews of their experiences
so you can be a bit wiser about your purchase.
Broken down by categories and subcategories for easy finds
Get an unfiltered look at what real users are saying
Leave a review yourself for others to benefit from
Add new products as you use them and gain points for doing so
ActiveRain University (ARU) provides free on-line training. We coach, consult and support real estate professionals about real estate trends, technology and social media.
ARU Calendar provides class types and registration links
Watch short tutorials on updating your photo, inserting a hyperlink and much more
Sign up for the Daily Drop so you don't miss out on AR's daily happenings
Find answers to most FAQ's
Whatever it is you're into and wherever you are, AR surely has a group for you to join.
Brand, off the wall, specific subject matters…whatever it is you're looking for.
Each time you write a post you can syndicate your post to 5 groups.
And if by chance you don't find what you're looking for, start a new group today!
Get your content in front of more eyes
Search by location or type
Feel free to start your own group
Find some that are close to home and close to heart
Each month AR runs numerous contests as a way for our members to engage in activities
that will boost their business and increase their visibility in the community and beyond.
Earn points by partaking in these contest and climb the leaderboard
Do what's good for you and your business by participating
If you have an idea for a contest, just let us know
Stay motivated and on track with new contests popping up each month
Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
Play the teacher role and help someone out today
Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
Ask a question yourself to get help
These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
Post your listings, school information, local events, market reports and more
Consumers peruse these pages for information
Farm your niche market and cover all the happenings in your neighborhood
If you are looking to purchase a home and get a mortgage, your credit score may be the difference in obtaining a decent interest rate and/or being able to get a loan at all.
If you are looking to get an FHA loan you will need at least a 620 credit score with most lenders. The good thing about FHA is that the interest rates are not "credit score driven", meaning that the interest rate won't be determined by your credit score.
On the other hand, If you are shopping for a conventional loan then your credit score becomes even more important. In the past a credit score of 680 would demand the best interest rates. Now days you really need a credit score of 740 to get the best rate.
So what if your credit score is less than 740? What can you do to get it higher? Every credit profile is different and a good loan officer should be able to look at your credit report and help you set specific and unique goals to improve your credit score. But the principles are the same for everybody. They are...
1. Make your payments on time! This is an obvious one but this is the single most important thing to improving your credit. If you have late payments on your credit report, make the goal to never have a late payment ever again and your scores will start to rise as time passes. Time heals all wounds.
2. Improve your balance to credit limit ratio. If you have credit cards that are maxed out, you are hurting your credit score tremendously. Ideally, you don't want to use more than 40-50% of your credit card limits. One strategy is to ask the credit card company to increase your limit so as to lower ratio. However, this can be risky if you don't have the discipline to abstain from using that credit card.
3. Manage and protect your golden accounts. On your credit report, some accounts are worth more than others. For example, a mortgage is by far the most significant credit account. Make your payments on time and it will help your score tremendously. Have a late payment and look out below!...Sub-500 here we come! Department store cards (e.g. Macy's, Best Buy, etc.) are the least significant and usually hurt more than help.
When I was in elementary school my dad use to give me $2 for every A on my report card, $1 for every B, nothing for a C, and I had to pay him $5 for a D and $10 for an F. Your credit report is much the same as a report card, but of your financial behavior. You will be rewarded with great interest rates for a good credit score.
About the Author
John Neil is a loan officer that is passionate about his profession. His goal with every transaction is to make a customer for life. The result is that 95% of his business comes from referrals of satisfied clients. If you need a cache valley mortgage, you can contact John at 435-770-2709. You can also follow him on twitter @LoganUTMortgage or facebook @facebook/MortgageNerd
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.