Latest Articles

Mortgage Lending Terminology – Explained

Definitions of Common Mortgage Terms New to the mortgage world? The acronyms alone are enough to leave your head spinning. So I’ve compiled a list of common mortgage terms and definitions to help us both. Something that you still don’t understand during your process working with your broker? Don’t hesitate to ask, we are here […]

FHA vs. VA vs. Conventional: Which Loan is Best?

Different Types of Loans Which loan is best for you? When shopping for a mortgage, knowing what specific type of loan is best for you is important. Mortgages are divided into two main categories: Conventional loans and government-backed loans. And there are meaningful differences between the two. Loans that are guaranteed by the government are generally easier […]

Should Mainers Consider Refinancing?

With mortgage rates at all-time lows, many homeowners are thinking about refinancing. However, a lot of people who are eligible aren’t pulling the trigger. With a national average well under three percent these days, John Rose at Acadia Lending Group says the numbers are unprecedented. “The lowest level that we’ve seen since 1971 when Fannie Mae and […]

The Perfect Time to Refinance Your Home

Why Right Now is the Perfect Time to Refinance Your Home If you are like most people, chances are that your mortgage is the biggest part of your finances. It’s probably one of your biggest expenses that each month and it’s also one of the most critical ways that you are building wealth (through your […]