Where does Acadia Lending Group do business?
Acadia Lending Group is a direct lender based in Portland, ME. The company was founded in 2009 and offers mortgage refinancing to borrowers in 1 state across the USA.
What is the maximum loan term for a mortgage refinance via Acadia Lending Group?
The term of a mortgage refinance will determine the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. Acadia Lending Group offers mortgages refinancing with terms ranging from 5 to 30 years.
Does Acadia Lending Group charge a mortgage origination fee?
Yes, Acadia Lending Group may charge a loan origination fee.
Does Acadia Lending Group charge prepayment fees?
Yes, Acadia Lending Group charges additional fees to borrowers who pay off their home loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.
What mortgage programs does Acadia Lending Group offer?
Acadia Lending Group offers the following mortgage programs:
- Conventional mortgages
- FHA 203k
What property usage types does Acadia Lending Group allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Acadia Lending Group allows the following property usage types:
- Primary home
- Secondary homes and vacation properties