My American Mortgage Loan Originator gave clear answers night or day to my questions. He dealt with the real estate agents to resolve issues.- Stephanies Ann Whitaker
They were really good at keeping me informed during the whole process. I don’t think I would have received the same support if he had gone through any other company.- Gerald L. Robinson
Company News
Borrowers Need to be Aware of the Down Payment and Mortgage...
Friday, April 28, 2017
Underwriting guidelines change all the time. But interestingly, one thing that is somewhat constant is the amount of down payment due at the closing table. Many borrowers find, however, that coming up with the cash for the down payment has perhaps been the biggest obstacle to homeownership.   Seventy-five years ago, banks would only loan money to buy a house if the homebuyer had 30 percent...
Several buyer “turn-offs” that sellers should avoid at all costs
Tuesday, April 25, 2017
As we get move into the spring home buying season, most locations throughout the country have turned into a seller’s market. Although loan officers typically deal with buyers, or people refinancing, LO’s also come in contact with sellers who are buying in the same community. There are several buyer “turn-offs” that sellers should avoid at all costs.  ...
The two most important considerations for homebuyers
Monday, April 17, 2017
It is important for anyone buying a home or refinancing to understand a couple basic concepts. For example, the two most important considerations for homebuyers are debt to income ratio and the price vs. rent calculation . Homebuyers first must understand their affordability using a debt-to-income ratio, and then they can evaluate their housing options in their local market by comparing cost to rent...