Legal

What personal information is being collected?

Unless this web site asks for specific personal information in order to respond to requests for information or to register uses for particular services, only the following information will be collected when you use this site: – your server address; – the date and time of your visit to the site; – the pages you accessed and the documents downloaded; – the previous site you visited; and – the type of browser you are using. This information is collected for statistical purposes and to enable us to improve the navigation functions of our web site.

Who is collecting personal information?

Where this site specifically asks for your personal information (for example to respond to requests for information or to register users for particular services), your personal information will only be collected by staff of American Bancshares Mortgage who have responsibility for responding to such requests or administrating such registrations.

How is personal information used?

Personal information collected on this website will only be used for the purposes stated at the time of collection. Your personal information will not be forwarded to any third party, added to a mailing list, or used for any other purpose without your consent.

Cookies

Cookies can be either “persistent”, or “session” based. Persistent cookies are stored on your computer, contain an expiration date, and may be used to track your browsing behavior upon return to the issuing web site. Session cookies are short-lived, are used only during a browsing session, and expire when you quit your browser. Upon closing your browser, the session cookie set by this web site is destroyed and no personal information is maintained which might identify you should you visit our web site at a later date. Regarding access to personal information collected on this site, unless required by law to do so American Bancshares Mortgage will only disclose personal information collected on this site to a third party if consent has been provided.

Security of personal information collected on this site

This site does not provide facilities to guarantee the secure transmission of information across the Internet. While reasonable efforts are used to provide security, users should be aware that there are inherent risks in the transmission of information across the Internet.

Outside Links / Third-Party Links

These sites may on occasion provide links to other sites for your convenience or additional information. American Bancshares Mortgage is not responsible for any content or practices of these sites.

Your Rights

You can request access to the personal information (if any) that we keep on record. If you believe any information that we keep on record is incorrect or out of date you may request that it be corrected.

Disclosures

In accordance with the Equal Credit Opportunity Act, American Bancshares Mortgage, LLC does not discriminate against any applicant on the basis of race; color; religion; creed; national origin; ancestry; sex; marital status; familial status (number and age of children); gender; sexual orientation; age (provided that the applicant has the capacity to enter into a binding agreement); medical history; disability; physical condition; military status; because the applicant has in good faith exercised any right under the Consumer Credit Protection Act or the Service members Civil Relief Act (SCRA); that all or part of a consumer’s income derives from a public assistance program; or any other basis prohibited by law.

Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Applicants must qualify for all loans. “American Bancshares Mortgage” is a registered trademark of the American Bancshares Mortgage, LLC, a Florida Limited Liability company, 14261 Commerce Way, Suite 100,  Miami Lakes, FL 33016

STATE OF CALIFORNIA
Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act.

STATE OF ILLINOIS – COMMUNITY REINVESTMENT NOTICE
The Department of Financial and Professional Regulation (Department) evaluates our performance in meeting the financial services needs of this community, including the needs of low-income to moderate-income households. The Department takes this evaluation into account when deciding on certain applications submitted by us for approval by the Department. Your involvement is encouraged. You may obtain a copy of our evaluation. You may also submit signed, written comments about our performance in meeting community financial services needs to the Department. “For licensing information, go to: www.nmlsconsumeraccess.org Illinois Department of Financial and Professional Regulation, Division of Banking, 555 West Monroe Street, 5thFloor, Chicago, IL 60661, 1-888-473-4858

STATE OF MASSACHUSETTS
Massachusetts Mortgage Lender and Mortgage Broker MC217378.

STATE OF NEW YORK
Licensed Mortgage Banker – NYS Department of Financial Services.

STATE OF RHODE ISLAND
Rhode Island Licensed Lender, Rhode Island Licensed Loan Broker and Rhode Island Licensed Third-Party Loan Servicer.

STATE OF TEXAS
In Texas – 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 n. 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.

American Bancshares Mortgage SMS Terms & Conditions

For all SMS Communications Reply HELP for help, Reply STOP to cancel. Message & Data Rates May Apply.

Compatible carriers include: AT&T, T-Mobile®, Verizon Wireless, Sprint, Boost, U.S. Cellular.

Alerts sent via SMS may not be delivered if the mobile phone is not in range of a transmission site, or if sufficient network capacity is not available at a particular time. Even within a coverage area, factors beyond the control of the wireless carrier may interfere with message delivery, including the customer’s equipment, terrain, proximity to buildings, foliage, and weather. The wireless carrier does not guarantee that alerts will be delivered and will not be liable for delayed or undelivered messages.

To discontinue receiving SMS messages from American Bancshares Mortgage, reply with the text STOP.

For additional help, text HELP or contact info@myabsm.com or call (305) 812-1501.

American Bancshares Mortgage respects your right to privacy. You can view our privacy policy by clicking here.

It is the policy of American Bancshares Mortgage, LLC to respond to customer complaints, disputes, and issues swiftly and to take each complaint seriously. It is not the intention to burden American Bancshares Mortgage, LLC customers with documentation or paperwork in order to resolve issues brought to our attention in the normal course of business. We will respond quickly, decisively to all inquiries, questions, and concerns brought to our attention.

A complaint must be mailed to:
American Bancshares Mortgage, LLC
14261 Commerce Way Suite 100
Miami Lakes, FL 33016

Attention: Legal

All written complaints will be discussed with the appropriate functional area employees of the business. The appropriate personnel will draft timely responses to consumers and/or regulators. Generally, the Corporate President will keep a central file of complaints and responses unless stated differently in this policy, and the board of directors will review new complaints and responses at a board meeting at least quarterly, but more typically in response to any submitted complaint within 1 month.

Eligibility: The $350 credit towards your mortgage is subject to full review of assets, income, and credit for loan approval. Not everyone will be eligible to receive this credit. The eligibility requirements will be determined by the mortgage lender or financial institution offering the credit. By participating in the mortgage application process, applicants agree to comply with all the terms and conditions established by the mortgage lender or financial institution. These terms may include but are not limited to income verification, credit checks, loan-to-value ratios, debt-to-income ratios, and other standard mortgage lending criteria.

ABSM’s Loyalty Program applies to future refinances of the same property by the same borrower subject to the conditions and contact requirements outlined below. The Loyalty Program is non-transferable and may not be applied to a Purchase Loan, a Home Equity Loan, a Personal Loan, or combined with other discounts or promotions. The Loyalty Program excludes any loans received by ABSM from a third party loan originator (e.g., wholesale or brokered transactions). Future refinancing is conditional on whether the program type or applicable state/federal laws contain “seasoning” restrictions that would make refinancing during a specific period legal. For example, waiting until after the 12th month may be required. For future refinances of the same property with ABSM, this offer may not be redeemed within 180 days of the Date Issued. Your loan approval for any future loan is not guaranteed. The appraised value of your home for the future loan is not guaranteed. In the event a full appraisal of your home is required, the property value at that time must be acceptable for the program and loan terms requested. The interest rate for the future loan is not guaranteed. You will have to qualify for the loan requested and will be quoted interest rates in effect at the time of your next loan. For loans meeting the above requirements and which are successfully closed, your appraisal fee will be reimbursed at the closing of the loan transaction and no lender fees will be charged. “Lender fees” do not include discount points associated with your loan transaction. “Appraisal fee” includes only the fee associated with the first appraisal on your loan transaction and does not include any ancillary appraisal fees that may be charged in connection with your loan transaction (e.g., second appraisal fee, appraisal re-inspection fee, appraisal recertification fee, etc.). This program is only available to applicants who closed their previous loan with ABSM and received the ” ABSM’s Loyalty Program” certificate. Future applicants must contact ABSM directly via the website: myabsm.com or via telephone 305-826-4500 to qualify for the Loyalty Program. Applying for a loan indirectly through a third party (e.g., LendingTree) makes the borrower ineligible for this program.