Acorn Mortgage

Acorn Mortgage
September 2, 2010

Do You Have To Have A Mortgage To Buy A

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Filed under : Mortgage Broker Guide

Do You Have To Have A Mortgage To Buy A Home?
Buying a house is almost certainly the most expensive purchase you will ever have to make. Finding or saving the funds to buy your first home and get your foot on to the property ladder used to be almost impossible without taking out a mortgage [...]


August 26, 2010

Commercial Mortgage Leads

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Filed under : Mortgage Broker Guide

If you are a commercial mortgage broker, or running a commercial mortgage lending company, you must have felt the need for commercial mortgage leads. Business owners often require commercial mortgage loans to buy office space, factories or stores. Commercial mortgage leads help lending institutions approach commercial mortgage loan seekers with loan offers. Commercial mortgage seekers, [...]


August 19, 2010

Balloon Payment Mortgage

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Filed under : Mortgage Broker Guide

The other term for a balloon payment mortgage is a partially amortized loan. Balloon payment mortgage is when your liability or obligation is only partially amortized, leaving the rest to be paid upon the completion of the term. Because the initial interest rates and monthly payments are lower, a balloon payment mortgage is paid off [...]


August 12, 2010

Bad Credit Mortgage Company – Recognizing Mortgage Lender Scams

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Filed under : Mortgage Broker Guide

Mortgage lenders recognize the value of owning a home. Because some people will not easily qualify for a home loan, several lenders have begun offering home loans to tailor a variety of needs. For this matter, bad credit mortgage lenders have gained widespread popularity. The majority of bad credit lenders are sincere in their efforts [...]


August 5, 2010

Avoiding A Reverse Mortgage Scam

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Filed under : Mortgage Broker Guide

Reverse mortgages are gaining in popularity as more senior’s start looking for ways to supplement their retirement incomes. And as the interest in reverse mortgages increase, so are the cases of reverse mortgage fraud and scams. Many seniors are finding that they have been conned of their hard earned equity to these reverse mortgages scams. [...]


July 29, 2010

An Introduction to Mortgage Backed Securities

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Filed under : Mortgage Broker Guide

What Are Mortgage Backed Securities?
Mortgage backed securities are securities that are backed by the principle and interest payments on a group of mortgage loans. Lenders group together mortgages and the money that is repaid by the borrowers’ pays investors in the mortgage backed securities.
Why Do Mortgage Lenders Issue Mortgage Backed Securities?
There are a variety of [...]


July 22, 2010

Adjustable Rate Mortgage

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Filed under : Mortgage Broker Guide

Another common type of home loan is the adjustable rate mortgage or ARM. With this type of loan, the interest rate will fluctuate depending on the 6 different real estate indexes.
The interest rate changes so the lender of the loan gets anproper margin. Thats due to the fact that the indexes influence the cost of [...]


July 15, 2010

4 Reasons Why Good Mortgage Lead Management Is Essential

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Filed under : Mortgage Broker Guide

The most time consuming task for mortgage companies is no doubt culvating and managing potential leads. Lead management can act as a significant competitive advantage if implemented correctly and mortgage agents and lenders can make good use of mortgage lead management tools in the following ways:
1. A good mortgage lead management system allows companies to [...]