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  Accurate Mortgage Solutions Mortgage Broker

Accurate Mortgage Solutions Mortgage Broker

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Accurate Mortgage Solutions Mortgage Broker

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in Mortgage Brokers from Accurate Mortgage Solutions

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Highlights
Highlights
Broker Fee Payer Both
Broker Loan Origination Fees N/A
NMLS # 164511
Type of Mortgage
  • Home Purchase
  • Refinance
  • Reverse Mortgage

Accurate Mortgage Solutions Mortgage Broker Review

Where does Accurate Mortgage Solutions Mortgage Broker do business?

Accurate Mortgage Solutions Mortgage Broker is a licensed mortgage broker (NMLS# 164511) with headquarters in Canton, MI. It operates in 1 state.

The company was founded in 2004 and helps borrowers find a direct lender that will approve the loan amounts, rates, and terms they require.

How does Accurate Mortgage Solutions get paid?

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

Accurate Mortgage Solutions 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 Accurate Mortgage Solutions 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.

Does Accurate Mortgage Solutions Mortgage Broker charge broker administration fees?

No, Accurate Mortgage Solutions does not charge a broker administration fee.

Does Accurate Mortgage Solutions charge broker loan origination fees?

No, Accurate Mortgage Solutions does not charge a broker loan origination fees.

Does Accurate Mortgage Solutions Mortgage Broker charge broker upfront fees?

No, Accurate Mortgage Solutions does not charge broker upfront fees.

Does Accurate Mortgage Solutions charge a yield-spread premium?

No, Accurate Mortgage Solutions does not receive a yield spread premium from borrowers. Brokers that are paid a yield-spread premium from lenders have an incentive to steer borrowers to lenders thatt offer higher yield-spread premiums even if they qualify for a lower interest with another lender. This is not always bad for borrowers as it can lower the upfront costs of a mortgage. For instance, borrowers who only plan to hold a mortgage for a few years may find this option cheaper.

Accurate Mortgage Solutions Mortgage Broker Fees
Description
Broker Loan Origination Fees N/A
Broker Upfront Fees N/A
Broker Administration Fees N/A
Yield-Spread Premium N/A

What mortgage programs does Accurate Mortgage Solutions Mortgage Broker offer?

Accurate Mortgage Solutions 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%.
  • 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 Accurate Mortgage Solutions broker?

Accurate Mortgage Solutions works with the following types of mortgages:
Type of Mortgage Options
Supported Options Unsupported Options
  • Reverse Mortgage
  • Home Purchase
  • Refinance
  • Home Equity Loans
  • HELOC
  • Hybrid Mortgage
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    About Accurate Mortgage Solutions Mortgage Broker

    Availability

    Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
      Available in 1 state
    Michigan
    Availabile in all of Michigan

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