Rent Is On The Rise: Don’t Become Trapped!
There are many benefits to homeownership. One of the top benefits is protecting yourself from rising rents, by locking in your housing cost for the life of your mortgage. Don’t…
Building A Home? Try A FHA Construction To Permanent Loan
How to Get an FHA Construction to Perm Loan When existing home inventory is low, building your own home is often a very attractive idea. You get to select the…
Freddie Mac: Housing market on track for best year in a decade
With 2018 right around the corner, Freddie Mac released its report card for 2017. While the economy is marked by robust job growth and low inflation, the housing market has had some…
Thinking about buying a home but not sure whether you qualify for a mortgage? Here’s what lenders look for in a borrower.
Thinking about buying a home but not sure whether you qualify for a mortgage? Consider the following facts. The 4 Cs of Qualifying for a Mortgage What Do Lenders Look…
American Mortgage Corporation One Time Close Construction Loan
Simplify the borrowing process by building you’re dream home with American Mortgage Corporation Construction to-Permanent Mortgage Loan product. By combining the lot, construction, and mortgage financing into a single loan,…
Why Is There So Much Paperwork to Get a Mortgage?
Why is there so much paperwork asked by the lenders for a mortgage loan when buying a home today? It seems that the lenders need to know everything about you and your spouse and…
What is Home Affordable Refinance Program® (HARP)?
The Home Affordable Refinance Program® can save homeowners across the country up to $200 per month or $2,400 per year. If you are looking for ways to save money on…
American Mortgage Corporation now offers FHA 203(H) loans
American Mortgage Corporation is pleased to now offer FHA 203(H) loans with 100% financing Recovering from a major disaster is never easy, especially when a loved home is destroyed. With…
What is the difference between Private Mortgage Insurance (PMI) and Mortgage Insurance Premium (MIP)?
Below are some of the terms you’ll be running into most often. For a more complete list, you can always head to americanmortgagecorporation.com for a breakdown of even more mortgage terms.…
HARP is expiring. What you need to qualify
HARP Expiring Soon. The HARP program has been available for over seven years and has helped more than 3 million underwater homeowners refinance. This mortgage type has been a key part…