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 6
 “The Dreaded Call” My boss phoned me yesterday, he said, "Is everything okay at the office?" I said, "Yes, it's all under control. It's been a very busy day, I haven't stopped." "Can you do me a favor?" he asked. I said, "Of course, what is it?" "Speed it up a little, I'm in the foursome behind ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
    “Blogging and Testimonials a Great Combination”    Mr. Petrowsky, I have read a number of your blogs as a result of doing a couple of different searches and you kept coming up even though I don’t live in CT. I also did a Google search and your name shows up 213,000 times, that’s pretty crazy....

By Mike Bjork
(American Pacific Mortgage)
Comments 1
http://MikesDailyMarketReport.com:  Provides a synopsis of the daily interest rates for mortgages and home loans and Interest Rate Trends.  You'll find insight on what is driving the interest rates for that particular day and some thoughts about short- term and long- term trends with the Interest...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
“But How Much was Net Profit?”  Hey Joe, I can’t tell you that I am very happy with what you told me. How does it make any sense that my business brought in $223,000 last year and you can’t qualify me for a $200,000 mortgage?  This problem has been around for a long time when it comes to the self...

By Lee Keadle, Keadle Real Estate Group
(Carolina One Real Estate)
Comments 2
The first step in figuring out which home you can afford is to talk with a home loan officer so that you can get pre-qualified for a loan. There is no reason to make plans for a house that you you love but cannot afford. Getting pre-qualified allows you to know how much a lender is willing to off...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 12
“A Hail Mary for Sure!”     Two priests decided to go to Hawaii on vacation.They were determined to make this a real vacation by not wearing anything that would identify them as clergy. As soon as the plane landed they headed for a store and bought some very outrageous shorts, shirts, sandals, su...

By Karen Schimpf
(Commercial Capital Ltd.)
Comments 3
We are a private money lender AND large commercial mortgage broker shop. We look at over 100 deals a month, talk to a ton of lenders and sources and have a real feel for the market-not from some statistician spouting facts but from looking at loans for real clients, all day, every day. If you wan...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 10
Many homeowners have recently lost their homes  by the  devastating damage caused by Hurricanes Harvey in Texas, and Irma in Florida.  This destruction caused by these hurricane reminded me I should once again post a blog informing homeowners who are victims of a major disaster that there is an ...

By Dennis Dahlberg
(Level 4 Funding )
Comments 0
China’s latest explosion of international Texas Commercial Mortgage investments has been curbed by the government. Don’t expect China to shrink from the global lending market, however.Just last year, a significant trend caught the attention of Texas Commercial Mortgage market analysts worldwide....

By Dennis Dahlberg
(Level 4 Funding )
Comments 0
Commercial real estate professionals are at greater risk for cyber attacks than ever before. Increase your company’s security by expanding your knowledge.  Cybercrime is here to say. This can be said with confidence because of how much money that businesses globally are spending to secure their ...

By Dennis Dahlberg
(Level 4 Funding )
Comments 2
Malls across the country are dying, but they aren’t beyond hope. New approaches to Texas Commercial Lending and redevelopment stand to save the old titans of retail. The dying shopping mall has become one of the most enduring (and discouraging) icons of the decade. While ripe for social media pa...

By Dennis Dahlberg
(Level 4 Funding )
Comments 1
Asking informed questions ensures you get the details you need to make strategic real estate investments. These questions also help establish a healthy report with your Texas Commercial Lending professional.A bit of preparation is key to making any face-to-face business conversation more valuable...

By Dennis Dahlberg
(Level 4 Funding )
Comments 0
When used correctly, a commercial real estate loan is a valuable asset for your company. Extracting that value requires your company to avoid some common investing pitfalls, however. Any commercial real estate investment comes with some degree of risk. That risk can be minimized, however, with c...

By Dennis Dahlberg
(Level 4 Funding )
Comments 0
It is common for small businesses to consider taking out Texas Commercial Loans at least at some point. Often times, the extra funds can help small businesses make their dreams come true.If your small business is quickly growing is quickly growing, it might be a good idea to move to a bigger loc...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 36
FHA has recently clarified the Required Dates On FHA Amendatory Clause /Real Estate Certification Disclosure.  Up until this clarification FHA Amendatory Clause Forms were signed by the Borrower(s) at the time of the Mortgage Applications.  The form was then forwarded to the Borrower's Realtor fo...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
Fixed term best discounted rates & posted rates as of Sept 19, 20176 mos                                 3.10%         3.14%1yr                                     2.44%          3.04%2yr                                     2.54%          2.84%3yr                                     2.69%        ...

By Mike Bjork
(American Pacific Mortgage)
Comments 0
http://MikesDailyMarketReport.com:  Provides a synopsis of the daily interest rates for mortgages and home loans and Interest Rate Trends.  You'll find insight on what is driving the interest rates for that particular day and some thoughts about short- term and long- term trends with the Interest...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 6
As I mentioned in my first blog in this series, a couple of years ago our Loss Mitigation Department presented a Workshop on the FHA Short Sale Process.  Up until attending this workshop I was under the impression a homeowner who wanted to do a Short Sale on their home was able to apply for a Sh...

By Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent
(Berkshire Hathaway HomeServices PenFed Realty, Your Clarksville Real Estate Professional)
Comments 4
I am in the middle of a short sale transaction right now. I thought this might be helpful to those that don't understand how it works. As I mentioned in my first blog in this series, a couple of years ago our Loss Mitigation Department presented a Workshop on the FHA Short Sale Process.  Up until...
               When they purchased their homes, sellers may or may not had been required to make down payments to qualify for their mortgages. They may even have built up some equity from paying down their mortgages. However, some may not have owned their homes long enough to break even or sell a...