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  Infinity Mortgage Group Mortgage Broker

Infinity Mortgage Group Mortgage Broker

in Mortgage Brokers from Berlind Corp DBA Infinity Mortgage Group

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Infinity Mortgage Group Mortgage Broker

Unaffiliated

in Mortgage Brokers from Berlind Corp DBA Infinity Mortgage Group

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Highlights
Highlights
Broker Fee Payer Lender
Broker Loan Origination Fees N/A
NMLS # 35972 / 92724
Type of Mortgage
  • Home Equity Loans
  • Home Purchase
  • Refinance

Infinity Mortgage Group Mortgage Broker Review

Where does Infinity Mortgage Group Mortgage Broker do business?

Infinity Mortgage Group Mortgage Broker is a licensed mortgage broker (NMLS# 35972 / 92724) with headquarters in Edmonds, WA. It operates in 2 states.

The company was founded in 1998 and helps borrowers find a direct lender that will approve the loan amounts, rates, and terms they require.

How does Berlind Corp DBA Infinity Mortgage Group get paid?

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

Berlind Corp DBA Infinity Mortgage Group 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 Berlind Corp DBA Infinity Mortgage 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.

Does Infinity Mortgage Group Mortgage Broker charge broker administration fees?

No, Berlind Corp DBA Infinity Mortgage Group does not charge a broker administration fee.

Does Berlind Corp DBA Infinity Mortgage Group charge broker loan origination fees?

No, Berlind Corp DBA Infinity Mortgage Group does not charge a broker loan origination fees.

Does Infinity Mortgage Group Mortgage Broker charge broker upfront fees?

No, Berlind Corp DBA Infinity Mortgage Group does not charge broker upfront fees.

Does Berlind Corp DBA Infinity Mortgage Group charge a yield-spread premium?

No, Berlind Corp DBA Infinity Mortgage Group 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.

Infinity Mortgage Group 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 Infinity Mortgage Group Mortgage Broker offer?

Infinity Mortgage 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%.
  • FHA 203k: An FHA mortgage you can also use to finance home improvements.
  • HARP: A mortgage refinance program for home loans owned or backed by Fannie Mae or Freddie Mac. No minimum credit score or value appraisal required.
  • 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 Berlind Corp DBA Infinity Mortgage Group broker?

Berlind Corp DBA Infinity Mortgage Group works with the following types of mortgages:
Type of Mortgage Options
Supported Options Unsupported Options
  • Home Equity Loans
  • Home Purchase
  • Refinance
  • HELOC
  • Hybrid Mortgage
  • Reverse Mortgage
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    About Infinity Mortgage Group 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 2 states
    • Oregon
    • Washington

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