Your Guide To Getting The Right Loan For You! |
 |
|
Welcome to our American Mortgage Consultants
online mortgage guide. Here you will find some
great information on the mortgage process including
some tips on what to think about, what information
you will need and when is the right time to refinance.
Select from the topics below to get started.
|
| |
| Types
of Mortgage Loans |
| The first step in making any big decision
is weighing all of the options available to you.
So to begin this discussion, lets look at the types
of mortgages available... more --> |
|
| Credit
Reports and Your Rights |
| Your credit payment history
is recorded in a file or a report. Credit reports
will be one of the main factors on determining your
loan approval. These files or reports are maintained
and sold...
more --> |
|
| Understanding
Credit Scores and Ratings |
|
Essentially, a credit score is a statistical
summary of the information described in words
and figures in a credit report. The score predicts
how likely consumers in a specific score range
will repay their debts...
more -->
|
|
| Getting
Pre-Approved |
| Knowing
how much you can afford before you begin your home
search can save you and your family many headaches.
It can also help to narrow your search to homes
that are in your price range... more
--> |
|
| How
Much Can You Afford |
| There are two basic
formulas commonly used by lenders to determine how
much of a mortgage you can reasonably afford. These
formulas are called qualifying ratios because they
estimate... more --> |
|
| Home
Buyer's Guide |
| If you are thinking of buying
a new home, you must pay close attention to a great
many details to ensure that you find one that will
suit your needs and preferences...
more --> |
|
| Locking
in Your Rate |
| In most cases, the terms you
are quoted when you shop among lenders only represent
the terms available to borrowers settling their
loan agreement at the time of the quote. When you
lock in your quote, we will give you the best available
market quote at that current time. The quoted terms
may not be the terms available.... more --> |
|
| When
to Refinance |
| Most home owners will refinance
to save money month-to-month, but with interest
rates being slashed in recent months and holding
steady at the lowest rates in 30 years, many are
refinancing.... more --> |
|
| Information
You Will Need for Your Loan |
| In order to process
your loan, American Mortgage Consultants will need documentation
to verify the information you provide on your mortgage
application.... more --> |
|
| If there is ever anything that we can
do to help you along, please email us at help@americanmtg.com |
Mortgage
Guide
