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 George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 9
With so many Condominium Complex not re-certifying with FHA, and as a result no longer on the FHA Approved Condo List, more buyers are trying to purchase condominiums with Conventional Mortgages.  Because of this I have been getting more and more questions about what the Fannie Mae Condominium O...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 8
“Strange Name for a Horse”  A man was sitting reading his papers when his wife hit him round the head with a frying pan."What was that for?" the man asked.The wife replied, "That was for the piece of paper with the name Betty on it that I found in your trouser pocket."The man shot back, "When I w...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 10
For those about to finance a home with less than 20% down or some other extenuating circumstances, this post explaining mortgage insurance is a must read from George Souto: Anna 'Banana' Kruchten is hosting an ActiveRain contest this month titled "FAQ Break Into Summer Organized Contest" in which...

By Leonardo D Yepes, Jumbo, Physician and Construction to Perm Loans
(Citizens One Home Loans)
Comments 1
Start building your dream home with a Home Construction Loan from Citizens One Home Loans Financing the construction of your home requires a mortgage that will meet your unique construction needs. If you've decided you want to build your new home, you may be able to use our Construction-To-Perman...

By Robert J. Russell, IRES, ICREA, GMA, LAS, LUTCF, Insurance Broker
(Robert J Russell Companies)
Comments 0
NOW AVAILABLE to LOAN OFFICERS - Only 1 person per state!Attention - Loan Officers, Mortgage Brokers, Mortgage Bankers - Would you like to be the EXCLUSIVE Mortgage person for your state? Realtors all over the United States are going to our website to get Auto, Home (home quotes for their buyers ...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 8
Every buyer that is purchasing a home with a loan should be given these ten commandments.  I've had a few buyers end up without a home and a loss of many dollars because of many of these issues:  We have all had a buyer break at least one of these 10 commandments when buying a home! Have you ever...

By Karen Schimpf
(Commercial Capital Ltd.)
Comments 1
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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 18 basis points today at 102.59 having once again fallen through support offered by the 100 day moving average. The 30 year conforming rose to 4.125% today while the 30 year jumbo was available at 4.25%.  Whether in New England, the Mid Atlantic or the...

By Bob Thompson, 562.344.5626 | ALT-Doc, No Income HELOCs and Private Money, AltDocLoan.com - Residential and Commercial Loans
(Wholesale Account Executive)
Comments 0
Stated Income, Stated Asset Purchase or Refinance Loan, Loan Amounts to $2,000,000.   Commercial or Residential Loans for Non-Owner and Investment properties up to 75% LTV.Terms: 3 and 8 yr ARMs - fixed then adjustable for remainder of 30 years. Rates from 7.5% and 2 points. 650 minimum FICO sco...

By Ruth Vogt, 719-592-0855 Apply 24/7 www.ColoradoHomeLender.com
(Fairway Independent Mortgage, LLS. Equal Housing Opportunity. Regulated by the Division of Real Estate.)
Comments 10
We have all had a buyer break at least one of these 10 commandments when buying a home!Have you ever gone to a closing table and had the buyer's employer call the buyer out of the closing to tell him their job was being eliminated effective immediately? Yep! It happened!!

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Core Lending)
Comments 0
Conventional 30 year Mortgage: 4.25%Credit score:740LTV:95%Loan Amount:$300kAPR: 4.66%FHA 30 year: 4.25%Credit Score:740LTV:96.5%loan amount:$300kAPR:5.27%Conventional 15 year: 3.625%Credit score:740LTV:95%Loan Amount:$300kAPR:4.03% Rates are Subject to ChangeCall me today if you are thinking of ...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Brokers & LO's Lend Nationwide!
(American Mortgage Bank)
Comments 0
July 5th - Today in History1775 – The Second Continental Congress adopts the Olive Branch Petition.1935 – The National Labor Relations Act is signed into law by President Franklin D. Roosevelt.1971 – Right to vote: The Twenty-sixth Amendment to the United States Constitution, lowering the voting ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 15 basis points today at 102.59 having broken through and closed 5 points above resistance offered by the 100 day moving average. The 30 year conforming remained 4.00% today while the 30 year jumbo was available at 4.125%.  Whether in New England, the Mi...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
While MBS bonds staged a comeback from their two days below the 100 day moving average, Japanese candlestick charting showed the possibility of another resurgence.  At the same time stocks had a hard time gaining any traction today.  Inflation remained below the Fed's 2% target leading to confusi...

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 Interes...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 7
Everyone who is considering a home purchase with financing should get prequalified.  No ifs, ands, or buts.  Even if you are a millionaire, you might still be surprised at just how little a bank is willing to loan you:  Anna 'Banana' Kruchten is hosting an ActiveRain contest this month titled "FA...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“It’s been 5 Years”   Joe, hopefully you remember us. We worked together 5 years ago. I still remember when you told me that you could get us a mortgage, I was a little dubious to say the least, but you got it done. We have now outgrown this home and are ready to move up to a larger home for our ...

By Jason E. Gordon, Sr. Mortgage Loan Officer, CMPS, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 4
What is the difference between Mortgage Pre-Qualification and Mortgage Pre-Approval (and what is a Mortgage Cross-Approval)?  These terms get tossed around frequently (and are often used improperly) by Real Estate Agents, Buyers & Sellers. The following explanation has been written in an attempt ...

By Bob Thompson, 562.344.5626 | ALT-Doc, No Income HELOCs and Private Money, AltDocLoan.com - Residential and Commercial Loans
(Wholesale Account Executive)
Comments 3
 The decision to undertake any Real Estate tranaction is a monumental one, but it need not be overwhelming, I have over 25 years of Commercial Lending experience and I am able to offer an objective look at due diligence and evaluate each transaction on it's own merits, viability and rewards. I ta...

By Ginny Gorman, Homes for Sale in North Kingstown RI and beyond
(Phillips Post Road Realty ~ 401-529-7849~ RI Waterfront Real Estate)
Comments 6
Private Mortgage Insurance or Mortgage Insurance and No Longer Having It On Your Mortgage George Soutu does another outstanding job explaining the difference and what you have to do to eliminate it on your mortgage.  Important information to share with your network of clients and to ensure they a...