Absolute Service at Absolute Mortgage, Inc.
Welcome to our Company
"1 of 25 Best Mortgage Companies in Twin Cities"
from Minneapolis / St. Paul Business Journal, Aug, 2006,2007,2008,2009
CONTACT US FOR A CUSTOM MORTGAGE QUOTE:
(651) 777-1112 or (612) 747-9666
Customers First
Borrowers who are happy with the mortgage loan we helped them get are more important to us than anything else. Our goal is to make the home loan process as simple and worry-free as possible. We pride ourselves in offering a high level of customer service, and appreciate the opportunity to earn your business. Whether you want to refinance your home for a lower mortgage rate or get a new home mortgage, home equity loan or second mortgage, our purpose is to satisfy your needs. By putting you first, we assure you a satisfying transaction.
Get Fast Answers
Throughout our website you can find tools available to answer virtually any mortgage question. Trying to decide if now is a good time to refinance your home? Check out our Refinance Mortgage Calculator. Wondering if a new home equity loan or second mortgage can lower your monthly payments? Use our Debt Consolidation Mortgage Calculator! Confused by all the home loan programs from which to choose? Our Loan Program page will help you find the right type of home loan for you. Also, we'd be happy to prepare a personalized mortgage quote for the home mortgage program of your choice.
Explore Your Options
Do you have an underwater mortgage, or are you just looking to refinance? We have a wealth of options available including free relock and float-down rates. Are you a first-time homebuyer? Our options for now and low closing costs, as well as no origination fees keep the process simple and affordable.
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ABSOLUTE MORTGAGE, INC.
1650 EAST COUNTY ROAD E
WHITE BEAR LAKE, MN 55110
OFFICE : (651) 777-1112
FAX: (651) 770-0438
AFTER HOURS: (612) 747-9666
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 Mortgage News Daily
More Lender Updates; Letters from the Trenches and Legal Updates Focused on the CFPB - 6 hours ago
Posted To: Pipeline PressLondon plans to use a painfully "High-Pitched Sound Generator" to disperse large crowds at the Olympics. Observers note that it will be Cindy Lauper's first paying gig since '86. Speaking of high-pitched noises (and no, this is not a lead in to a Taylor Swift joke), the constructive clamoring about the CFPB's flat fee continues . "The CFPB for consumer finance, in my opinion, is the same thing as the CFTC for commodity trading overseeing Future Commission Merchants and the SEC for stock broker/dealers. Both the futures and stock brokerage industries have formed self-regulating entities. The National Futures Association for commodities and the Financial Industry Regulatory Authority (FINRA) for stocks. The mortgage industry would be well served if the industry itself through the MBA or other...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
MBS RECAP: Slightly Bumpy Ride Late, But Important Level Holds - 1 day ago
Posted To: MBS CommentaryMBS Live : MBS Afternoon Market Summary 104-16 Turned out to be an important level for Fannie 3.5's today. There's more than the usual amount of content in the 'alerts and updates' section below if you're looking to get caught up on how it played out. Long story short, bond markets held up quite well on a Friday that mostly saw money flowing OUT of both sides of the market (i.e. equities and fixed-income both lower in price today). But even the late day volatility left the 104-16 technical level intact through 4pm. From now until MBS go out for the day, it's not out of the realm of possibility to see illiquidity take things a bit lower, but whether or not lenders react to that depends on the lender in question. If it were us, we'd call it a week. MBS Pricing Snapshot Pricing shown below is...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
Mortgage Rates Lower Still, But Progress Is Slow - 1 day ago
Posted To: Mortgage Rate WatchMortgage Rates improved marginally from yesterday's new all-time lows. Without any major scheduled events to digest, bond markets were left to their own devices and paid a decent amount of attention to a sell-off in stocks. When yields in the broader bond markets move lower, MBS (the "mortgage-backed securities" that most directly influence lenders' rates) tend to move lower in yield as well, allowing lenders to off lower costs, lower rates, or a combination of the two. With the recent move lower to a 3.75% Best-Execution level for 30yr Fixed Conventional loans, today's improvements were seen more in the form of decreased borrowing costs, or increased lender credit, as the case may be. If you're a first-time or even frequent reader looking for a bit more clarity on "best-execution," we just...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
Mortgage Registry Now Includes all States, Federal Lenders - 1 day ago
Posted To: MND NewsWireThe State Regulatory Registry, LLC (SRR) and the Nationwide Mortgage Licensing System (NMLS) have issued an Annual Report for 2011. The report notes that 2011 was the first year that all state mortgage regulatory agencies utilized NMLS to manage mortgage loan originator (MLO) licenses on the system. In addition, in January the NMLS Federal Registry became fully operational. By the end of the year the Federal Registry contained active registrations for 11,081 institutions and 375,654 registered MLOs. According to the report, for the first time almost all of the nearly half-million individual mortgage loan originators (MLOs) along with their license or registration status and other information are now available to the general public on-line through NMLS Consumer Access. By the end of 2011 NMLS...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
MBS MID-DAY: Relatively Uneventful Despite Slight Weakness - 1 day ago
Posted To: MBS CommentaryMBS Live : MBS Morning Market Summary As the trading day progresses, things are shaping up to be increasingly uneventful even though MBS are down 6/32nds. Reason being: everything has been well contained, and what little weakness we've seen has occurred in a rather orderly fashion and without major volume spikes. Bond markets are staying reasonably connected to stocks, given the lack of market-moving data and European headlines. In short, today looks like the "wind down" that we thought yesterday might have been. We're not completely out of the woods as far as potential volatility is concerned. But as far as coasting into the weekend with minimal losses, it's "so far so good." MBS Pricing Snapshot Pricing shown below is delayed, please note the timestamp at the bottom. Real time pricing is...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. |
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