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A: Why use a Connecticut Mortgage Broker?
Connecticut Mortgage brokers.
Apply for a Connecticut Home Equity Loan
Apply for a Connecticut Home Mortgage Loan
Contact Us
First Time Buyer in Connecticut Seminar Sign Up
Get Pre-Approved or Pre-Qualified
Refinance your Connecticut Home Mortgage Loan
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5. Finding Your Lender >>
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Do you service your Connecticut home loans?
Some companies maintain their servicing. This means is that after the closing, you pay back the original CT mortgage provider. If you do not like change, then this could have an impact on the selection of your CT mortgage provider. Other providers sell their CT mortgages which may or may not affect your service.
At Acorn Home Mortgage we help you to find the right lender for your circumstances but do not lend directly. We therefore do not service these Connecticut home loans.
How long has your company been in business?
Recently, because of the lower than average CT mortgage rates, many new CT mortgage companies have opened to take advantage of the surge in CT mortgage business. If the CT mortgage provider has only been in business for a few months, you may want to ask what previous experience they bring to the table.
Acorn Home Mortgage has been in business for over ten years in the State of Connecticut specializing in 100% Connecticut home loans to first time buyers and others, bad credit borrowers, property investors and commercial loans.
Do you have prepayment penalties for paying the Connecticut home loan off early?
A prepayment penalty occurs (in addition to principle and interest) if you pay your CT mortgage off before a specific time period.. We suggest staying clear of prepayment penalties; you never know when you may have to sell the home.
Sometime lenders only have prepayment penalties on certain types of Connecticut home loans. Ask if the Connecticut home loan you are considering has a prepayment penalty.
At Acorn Home Mortgage we will advise you as to any pre-payment penalties being imposed by our lenders. One of the main reasons for these pre-payment penalties is to help the lender ensure that it makes a reasonable return on underwriting the Connecticut home loan. This most typically will happen if you are a less than perfect borrower or you are asking to borrow a very high percentage of the value of the home.
When can I lock in my Connecticut home loan and what type of lock options to you offer?
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