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American Mortgage Company

American Mortgage Company was incorporated in 1993 and serves the inhabitants of Massachusetts to enjoy the benefits of mortgage loans in absolutely reduced interest rates. American Mortgage is designed to formulate a hassle-free mortgage provider to the denizens of Massachusetts. There has been an alarming need of mortgage loans within the residents of Massachusetts which led to the establishment of a number of mortgage loan providers in the state. American Mortgage Company is one such mortgage provider but it only arranges the loan options against mortgages but not entitled to the lending operation directly. American Mortgage not only fixes loan options for the high profile people but also the small business owners and ordinary people who cannot afford high interest rates against their mortgage loans. To give vent to this financial upheaval, American Mortgage Company has developed various easy-to-access services regarding mortgage loan schemes. It works as an agent basically and fixes up the debtor with the loan companies that ensure low-scaled interest rates. American Mortgage Company also provides services to curb the hassles of high-priced debts against mortgage loans. This flexibility in lending operations actually helps the borrowers act more responsibly. American Mortgage offers mortgage products that will help in acquiring loan options from various loan companies and the need can vary from buying a home, refinancing issues to second mortgage also. The company has a number pf professionals who assists the borrowers with a variety of mortgage products and also gives financial assistance at par with their requirements. Righteousness, integrity, and competence are

the three principles that are scrupulously followed by the American Mortgage while meeting the interests of the borrowers. The residential loan programs facilitated by American Mortgage Company are as follows:

  • Fixed Rate Mortgage
  • Balloon Mortgages
  • Hybrid ARMs (3/1 ARM, 5/1 ARM, 7/1 ARM, 10/1 ARM)
  • Reverse Mortgages
  • Adjustable Rate Mortgages (ARM)
  • Graduated Payment Mortgages
  • Interest Only Mortgages
  • Commonly Used Indexes for ARMs
  • Components of an ARM
The usual interest rate accounted by American Mortgage Company is 6.25 percent, the interest rate for the 30 Year Fixed is 6.125 percent, and for the FHA 30 Year Fixed, interest rate is 6 percent only. American Mortgage Company also offers loan programs for commercial or construction purposes as well. Some of the commercial loan programs of American Mortgage are listed as under:
  • Finance for any big or small-scale manufacturing
  • Finance for single or a group of offices
  • Loans required for any business or equipment purposes
  • Finance for the establishment of restaurant or lounge
  • Finance for the combined use of any property
  • Finance for the standing retail stores that offer free services
  • Finance for the residential housing if it is for more than 5 members in a family
American Mortgage Company has entered a joint venture with Kentucky Mortgage Company and is known as American Mortgage Service company. This American Mortgage Service Company has been provide service for 30 years in Kentucky, Ohio, and Indiana. American Mortgage is one of the well-recognized companies for its flexible and customer-friendly service in Massachusetts.

Last Updated on 5/26/2011

Category: American mortgage

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