Access Capital Group Mortgage Broker Review

Where does Access Capital Group Mortgage Broker do business?

Access Capital Group Mortgage Broker is a licensed mortgage broker (NMLS# 33043) with headquarters in Phoenix, AZ. It operates in 11 states.

The company was founded in 2001 and helps borrowers find a direct lender that will approve the loan amounts, rates, and terms they require.

How does Access Capital Group get paid?

Mortgage brokers get paid either by lenders or by borrowers. However, they cannot receive compensation from both parties.

Access Capital Group offers lender and borrower-paid fee models. Borrowers can choose which model works best for their circumstances. Typically, lender-paid compensation rates result in higher fees for borrowers. However, borrower-paid rates increase the upfront costs of getting a mortgage.

What fees does Access Capital Group charge?

Although cost should not be the only factor when choosing mortgage brokers, it is smart to compare the rates, fees, and services mortgage brokers offer before making a decision.

What mortgage programs does Access Capital Group Mortgage Broker offer?

Access Capital Group Mortgage Broker offers the following mortgage programs:

• Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
• FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
• Jumbo: Any mortgage with a loan amount above the conforming loan limits set by Fannie Mae and Freddie Mac. As of 2018, the jumbo threshold is $453,100 in most of the United States.
• USDA: A zero down payment mortgage loan with low rates for suburban and rural homebuyers.
• VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.

What types of mortgage does Access Capital Group broker?