SuperMoney
  B Home Mortgage Brokers

B Home Mortgage Brokers

in Mortgage Brokers from Burk Carpenter LLC · NMLS ID #142159

Unaffiliated

B Home Mortgage Brokers

Unaffiliated

in Mortgage Brokers from Burk Carpenter LLC · NMLS ID #142159

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend B Home Mortgage Brokers to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Broker Fee Payer
  • Lender
  • Borrower
Broker Loan Origination Fees N/A
Type of Mortgage
  • Home Purchase
  • Hybrid Mortgage
  • Refinance

B Home Mortgage Brokers Review

B Home Mortgage Brokers services are offered by Burk Carpenter LLC (NMLS #142159), a licensed broker founded in 2005 and based in Phoenix, AZ. B Home Mortgage Brokers services are available in 1 state across the USA.

How does B Home Mortgage Brokers get paid?

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

Burk Carpenter LLC gets paid by borrowers. This means Burk Carpenter LLC works for you and will not be influenced by lender commissions. This fee model may help borrowers get lower rates and better terms, but it can also increase the upfront mortgage costs.

Burk Carpenter LLC gets paid by lenders. Lender-paid compensation is the most common fee model among mortgage brokers. This fee model can help bring down the upfront costs to borrowers. However, it also gives brokers the incentive of promoting lenders that pay higher commissions.

What fees does B Home Mortgage Brokers 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 B Home Mortgage Brokers charge broker administration fees?

No, B Home Mortgage Brokers does not charge a broker administration fee.

Does B Home Mortgage Brokers charge broker loan origination fees?

No, B Home Mortgage Brokers does not charge a broker loan origination fees.

Does B Home Mortgage Brokers charge broker upfront fees?

No, B Home Mortgage Brokers does not charge broker upfront fees.

Does B Home Mortgage Brokers charge a yield-spread premium?

No, B Home Mortgage Brokers 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.

B Home Mortgage Brokers 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 B Home Mortgage Brokers offer?

B Home Mortgage Brokers 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.
  • 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 B Home Mortgage Brokers broker?

B Home Mortgage Brokers works with the following types of mortgages:
Type of Mortgage Options
Supported Options Unsupported Options
  • Hybrid Mortgage
  • Home Purchase
  • Refinance
  • Home Equity Loans
  • HELOC
  • Reverse Mortgage
SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Contact

Message from Burk Carpenter LLC

B Home Mortgage is licensed as Burk Carpenter LLC and is also known as Burk Carpenter Financial.

About B Home Mortgage Brokers

Availability

  Available in 1 state
Arizona
Availabile in all of Arizona

Be the first to rate

 

Would you recommend B Home Mortgage Brokers to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

Other Mortgage Brokers

CloseYourOwnLoan.com
Rating not yet determined In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote

2 Reviews

Broker House Lending
Rating not yet determined In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote

2 Reviews

On Q Financial
Rating not yet determined In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote

1 Reviews