Acre Mortgage Somerset
FHA Home Loans - Acre Mortgage Somerset
About
Acre Mortgage Somerset is a mortgage news, rates, and information website. If you have any questions about getting a new home loan or refinancing an existing mortgage, let us help you find a qualified local mortgage broker. Contact us at 732-500-7368. scooper@acremortgage.com NMLS#367879 … [Read More...]
How to Spot Check on Your GFE
Within three days of receiving your loan application, your lender must give you a good faith estimate that clearly describes the terms and fees for mortgage you selected. As of January, 2010, HUD provided a standard three-page form to make it easier … [Read More...]
How to Shop for the Best Mortgage
Most people who are in the market for a new car would never dream of going to only one dealership, yet those same people often neglect to shop around to find the home loan that works best for them. If you are in the market for a new home loan, try … [Read More...]
Home Buying
Should You Be a Homeowner?
Before you become a first time homebuyer, it's a good idea to stop and ask yourself a few questions. Depending on your circumstances, renting for a few more years may be the sound financial move to make. How Long Do You Plan to Stay in the Home? If you're taking out a 30-year purchase mortgage but … [Read More...]
Home Buying Articles
Mortgage Rates
What is a Rate Lock?
A rate lock is a short-term agreement for a lender to "hold" an interest rate on a home while the buyer negotiates the actual sale. Rate Lock Requirements Requirements for rate locks vary from state to state. Within states, individual lenders often set their own individual policies and practices. … [Read More...]
Mortgage Rates Articles
Refinance Mortgage
When is the Right Time to Refinance My Mortgage?
With interest rates at all time lows, many homeowners are attempting to refinance their mortgage, and with the economy in a spiral it makes perfect sense to refinance or seek a home loan. ItÕs also important to remember the many factors that go into the process. Below we have highlighted some … [Read More...]