Get the recipe of your success

MORTGAGE


Turn Your Light
Business On!

Click here

American Federal Mortgage

American Federal Mortgage is one of the largest, private mortgage bankers in the United States.  They were incorporated in 1986.  They are a direct mortgage lender, not a mortgage broker, which means that they underwrite and close loans directly with the borrower.  As a direct lender, they can offer their customers benefits that mortgage brokers cannot.  They cut out the middleman, the mortgage broker, and the customer ends up paying less because they have one less commission wrapped up into their fees.

If you are looking for low interest rates for your mortgage, American Federal Mortgage is the place to go.  They are notorious for offering their customers the lowest interest rates on the market.  The reason they offer such low interest rates is best explained by the structure of their company.  They are a direct lender, they do high volume mortgage loans, they deal directly with their consumer, and they do all of their business from one central location.  They minimize unnecessary costs by working directly with their clients from one location.  Their high volume level of loans created allows them to charge less in interest per loan.  All of these factors add up to one result: lower interest rates for their customers.

Loans Funded By American Federal Mortgage

  • Fixed Rate Mortgage—The Fixed

    Rate Mortgage is the most reliable mortgage product.  You lock in your interest rate at the time of closing, and pay consistent monthly payments for the lifetime of your mortgage.

  • Adjustable Rate Mortgage (ARM)—The Adjustable Rate Mortgage comes just as it sounds: with an interest rate that adjusts according to market fluctuations.
  • Jumbo Mortgage—A Jumbo Mortgage is used for larger, more expensive homes.  It is used for any amount that is larger than the conventional loan amount as determined by Fannie Mae and Freddie Mac.
  • Housing and Urban Developers (HUD)—This department of the US government creates loans designed to increase homeownership by offering people affordable mortgage programs.
  • Veterans Administration (VA)—This is a government insured loan available for US Veterans.  It has very liberal qualifying terms.
  • Federal Housing Administration (FHA)—This is a government insured program that offers low down payment options.

More About American Federal Mortgage

American Federal Mortgage guarantees all of their low interest rate quotes in writing.  You are always assured that you will receive the rate you were quoted when you are ready to close.

This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states.


Category: American mortgage

Similar articles: