AnnieMac Home Mortgage
in Mortgage Refinance from AnnieMac Home MortgageUnaffiliated
|Loan Term||10 - 30 years|
|Loan Amount||Up to $2,000,000|
AnnieMac Home Mortgage Review
AnnieMac Home Mortgage is a mortgage refinance offering by AnnieMac Home Mortgage, a direct lender based in Mount Laurel, NJ. Founded in 2011, AnnieMac Home Mortgage offers mortgage refinancing to borrowers in 39 states across the USA (and Washington, DC).
What is the maximum loan term for a mortgage refinance via AnnieMac Home Mortgage?
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. AnnieMac Home Mortgage offers mortgages refinancing with terms ranging from 10 to 30 years.
Does AnnieMac Home Mortgage charge a mortgage origination fee?
Yes, AnnieMac Home Mortgage may charge a loan origination fee.
What mortgage programs does AnnieMac Home Mortgage offer?
AnnieMac Home Mortgage offers the following mortgage types:
- 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.
- USDA: A zero down payment mortgage loan with low rates for suburban and rural homebuyers.
- 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 property usage types does AnnieMac Home Mortgage allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. AnnieMac Home Mortgage allows the following property usage types:
- Primary home
- Secondary homes and vacation properties
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- Rhode Island
- South Carolina
- West Virginia