Conventional Loan or FHA – Which is better for you?
Conventional loans and FHA loans - which is for you? Are you a would-be homeowner in the lookout for a loan that can help you purchase your dream home? Here…
Applying for a Construction Loan? Here’s What You Need to Know
Are you thinking of getting a construction loan but do not know how? It may be a tedious process but it is not as impossible as you may think it is. As…
COVID-19 relief programs: Financial aid for homeowners, renters, and the unemployed
Money tight because of COVID-19? These relief programs can help There’s a growing list of government-sponsored and private relief programs to help U.S. households affected by COVID-19. Below are financial…
Facts about Mortgage Relief Forbearance during COVID-19 Pandemic
/fôrˈberəns,fərˈberəns/ noun 1. patient self-control; restraint and tolerance. "forbearance from taking action" Similar: leniency, long-sufferingness, self-control o LAW the action of refraining from exercising a legal right, especially enforcing the payment…
Refinancing Still Makes Sense for Many
Everyone is watching the Olympics, and many refinancing is not a huge priority. Why would anyone even think of refinancing their mortgage in the middle of winter, after rates have…
Mortgage Broker VS Mortgage Banker
Mortgage Banker: An ambiguous* sales person working for and representing one retail lender, rather than the consumer. am·big·u·ous– unclear or inexact because a choice between alternatives has not been made. Mortgage Broker: A transparent* educator working…
American Mortgage Corporation announces completely forgivable grant home-buyer program to grant 2% of purchase price
“Would you like to buy a house BUT….YOU JUST DON’T Have the FULL down payment?” NO PROBLEM….At American Mortgage Corporation, WE ARE CURRENTLY INTRODUCING A NEW LOAN PROGRAM WHICH will…
Mortgage rates highest level since April 2014
The 30-year fixed mortgage rate surged in the week ending Feb. 15 to reach its highest level since April 2014, according to the Primary Mortgage Market Survey released by Freddie…
Here’s What Our Clients Are Saying
Read Actual Customer Reviews And Testimonials About American Mortgage Corporation And Learn About The Great Experiences That Our Clients Have Had With The Mortgage Process, Whether Buying A New Home…
What’s Behind the Cash-Out Refi Craze?
Why are homeowners suddenly so interested in cash-out mortgage refinancing? Although mortgage rates have ticked up recently, they are still relative bargains by historical standards. This is giving homeowners a…