Acorn Mortgage

Acorn Mortgage
April 28, 2011

Reverse Mortgages A Tax Free Income For Senior Citizens

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Filed under : Mortgage Broker Guide

Reverse Mortgages A Tax Free Income For Senior Citizens
I fully realize if it sounds too good to be true, it probably is and There Aint No Such Thing As A Free Lunch (TANSTAAFL) immediately jumped into your head when you read the title of this article. However, if you are 62 or over, you [...]


April 21, 2011

Reverse Annuity Mortgage Tapping Into Your Equity

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Filed under : Mortgage Broker Guide

Reverse annuity mortgages (RAM) were created to allow older Americans to tap into the equity of their paid for or nearly paid for home. Homeowners receive a tax-free payment each month, and the mortgage is paid when the home is sold. Before you choose a RAM, make sure you have evaluated the risks since this [...]


April 14, 2011

Reverse Annuity Mortgage

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Filed under : Mortgage Broker Guide

Reverse annuity mortgages (RAM) were created to allow senior Americans to tap into the equity of their paid for or nearly paid for home. Homeowners receive a tax-free payment each month, with the mortgage paid out and when the home is sold. Before you choose a RAM, make sure you have evaluated the risks since [...]


April 7, 2011

Refinance Mortgage Lenders Prime Lenders Vs Sub Prime Lenders

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Filed under : Mortgage Broker Guide

Refinance Mortgage Lenders Prime Lenders Vs Sub Prime Lenders
Refinancing your mortgage can save you money through lower interest rates and smaller monthly payments. You can also choose to cash out all or part of your equity to pay off bills or to remodel your home. But which lender is best for you really depends [...]


March 31, 2011

Mortgage Terms and Definitions

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Filed under : Mortgage Broker Guide

The mortgage process can be a little confusing if you aren’t familiar with the terms used in the process. To help you out, here is a list of terms with corresponding mortgage definitions.
Broker: An independent mortgage professional that oversees the entire home loan process.
Lender: The business entity providing and funding the home loan.
Processor: Prepares your [...]


March 24, 2011

Mortgage Interest Rate Analysis

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Filed under : Mortgage Broker Guide

In the very beginning of the month of August the mortgage interest rates remained quite stable. Except a few mortgage program interest rates most of then remained unchanged to what it was in the last week of July. Interest rates of mortgage programs like 10-Year Treasury and 30-Year Treasury were down by 0.06% and 0.04% [...]


March 17, 2011

Mortgage Cycling Secrets Revealed

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Filed under : Mortgage Broker Guide

Have you heard about mortgage cycling? Maybe you’ve seen the ads for books on this “secret technique” for paying off your mortgage sooner. Is there some useful information in them? Yes, especially if you are not familiar with the basic premise that you can pay extra principle every year and you’ll pay off the loan [...]


March 10, 2011

Mortgage Brokers vs. Banks

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Filed under : Mortgage Broker Guide

When it comes to searching for the right kind of mortgage to meet your needs, you will probably come across a decision about who you should borrow from: Do mortgage brokers or banks make better lenders?
A mortgage broker is a mediator that facilitates the process of acquiring a mortgage for individuals as well as businesses. [...]


March 3, 2011

Mortgage Brokers vs. Banks

Posted by : admin
Filed under : Mortgage Broker Guide

When it comes to searching for the right kind of mortgage to meet your needs, you will probably come across a decision about who you should borrow from: Do mortgage brokers or banks make better lenders?
A mortgage broker is a mediator that facilitates the process of acquiring a mortgage for individuals as well as businesses. [...]


February 24, 2011

Mortgage Brokers What Are They?

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Filed under : Mortgage Broker Guide

A mortgage broker is an individual which acts as a middle man between lenders and borrowers. A skilled mortgage broker can look at a variety of different loans to find one which suits the needs of the borrowers. Once they have found a mortgage which meets the needs of their clients, they are then paid [...]