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Accurate Mortgage Solutions Mortgage Broker
in Mortgage Brokers from Accurate Mortgage Solutions · NMLS ID #164511
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Accurate Mortgage Solutions Mortgage Broker

Unaffiliated
in Mortgage Brokers from Accurate Mortgage Solutions · NMLS ID #164511
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Highlights
Broker Loan Origination Fees N/A
Broker Fee Payer Both
Interest Rate Types Offered
  • Hybrid Mortgage
  • Fixed-Rate Mortgage
  • Adjustable-Rate Mortgage (ARM)

Accurate Mortgage Solutions Mortgage Broker Review

Accurate Mortgage Solutions Mortgage Broker services are offered by Accurate Mortgage Solutions (NMLS #164511), a licensed broker founded in 2004 and based in Canton, MI. Accurate Mortgage Solutions Mortgage Broker services available in 1 state across the USA.

Accurate Mortgage Solutions Mortgage Broker FAQ

How does Accurate Mortgage Solutions Mortgage Broker 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 Mortgage Broker 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 Mortgage Broker does not charge a broker administration fee.

Does Accurate Mortgage Solutions Mortgage Broker charge broker loan origination fees?

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

Does Accurate Mortgage Solutions Mortgage Broker charge broker upfront fees?

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

Does Accurate Mortgage Solutions Mortgage Broker charge a yield-spread premium?

No, Accurate Mortgage Solutions Mortgage Broker 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 Fee Payer Both

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 Mortgage Broker broker?

Accurate Mortgage Solutions Mortgage Broker works with the following types of mortgages:
Interest Rate Types Offered
Supported Options Unsupported Options
  • Hybrid Mortgage
  • Fixed-Rate Mortgage
  • Adjustable-Rate Mortgage (ARM)
  • Option ARM
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About Accurate Mortgage Solutions Mortgage Broker

Availability

  Available in 1 state
Michigan
Availabile in all of Michigan

Feature Breakdown

Interest Rate Types Offered
  • Hybrid Mortgage
  • Fixed-Rate Mortgage
  • Adjustable-Rate Mortgage (ARM)
Mortgage Programs
  • FHA
  • VA

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