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  Infinity Mortgage Group Mortgage Broker

Infinity Mortgage Group Mortgage Broker

in Mortgage Brokers from Berlind Corp DBA Infinity Mortgage Group · NMLS ID #35972

Unaffiliated

Infinity Mortgage Group Mortgage Broker

Unaffiliated

in Mortgage Brokers from Berlind Corp DBA Infinity Mortgage Group · NMLS ID #35972

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Highlights
Highlights
Interest Rate Types Offered
  • Fixed-Rate Mortgage
  • Adjustable-Rate Mortgage (ARM)
  • Hybrid Mortgage
Broker Loan Origination Fees N/A
Broker Fee Payer Lender

Infinity Mortgage Group Mortgage Broker Review

Infinity Mortgage Group Mortgage Broker services are offered by Berlind Corp DBA Infinity Mortgage Group (NMLS #35972), a licensed broker founded in 1998 and based in Edmonds, WA. Infinity Mortgage Group Mortgage Broker services are available in 2 states across the USA.

How does Infinity Mortgage Group Mortgage Broker 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 Infinity Mortgage Group 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 Infinity Mortgage Group Mortgage Broker charge broker administration fees?

No, Infinity Mortgage Group Mortgage Broker does not charge a broker administration fee.

Does Infinity Mortgage Group Mortgage Broker charge broker loan origination fees?

No, Infinity Mortgage Group Mortgage Broker does not charge a broker loan origination fees.

Does Infinity Mortgage Group Mortgage Broker charge broker upfront fees?

No, Infinity Mortgage Group Mortgage Broker does not charge broker upfront fees.

Does Infinity Mortgage Group Mortgage Broker charge a yield-spread premium?

No, Infinity Mortgage Group 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.

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.
  • 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 Infinity Mortgage Group Mortgage Broker broker?

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

Availability

  Available in 2 states
  • Oregon
  • Washington

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