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1x close construction loan

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Read more about the article One-time-close construction loans

One-time-close construction loans

  • Post published:February 17, 2021
  • Post category:Blog

Wondering what the difference between a one-time close and two-close loans is? Let's start with two-close loans. When you want to buy a property and build on it, you need…

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Read more about the article Single Close Construction Loans

Single Close Construction Loans

  • Post published:April 27, 2020
  • Post category:Construction loans

Deciding to build your own home can offer many benefits. From building the house you’ve always dreamed of to giving you the flexibility to build in an area of your…

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Read more about the article Jumbo One Time Close Construction Loan

Jumbo One Time Close Construction Loan

  • Post published:October 16, 2018
  • Post category:Construction loans

Jumbo One Time Close Construction Loan Start building your dream home within a Jumbo One Time Close Construction Loan from American Mortgage Corporation Financing the construction of your home requires…

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Bad Credit Does Not Disqualify You From A Construction Loan

  • Post published:August 24, 2018
  • Post category:Blog|Loan Programs

[:en]Is a construction loan your ticket to building your dream home? Maybe you are second-guessing yourself because your credit history is not as pristine as others. Or maybe, you have…

Continue ReadingBad Credit Does Not Disqualify You From A Construction Loan

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American Mortgage Corporation is an Illinois Residential Mortgage Licensee. | Registration #: Illinois: MB.6761056, Florida: MBR1612 & Texas. Department of Financial and Professional Regulation, 310 S. Michigan Avenue, Suite 2130, Chicago, Illinois, 60604-4278. Rates are subject to change without notice

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Texas consumers: How to file a complaint

CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.

THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.

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