Mortgage Loans In Florida

In today’s day and age, finding the right home can prove to be challenging. But finding the right mortgage lender can be much more of a mission. There are numerous options to choose from, especially in the Sunshine State, where you have countless Florida mortgage lenders who are willing to offer you the best deal. But while they may seem promising, it’s important that you’re aware not all mortgage loans in Florida offer the same set of terms. More so, it’s equally important that you’re aware that one will benefit you the most out of all others. And if you’re burdened with trying to find the right Florida mortgage lender, then look no further than American Bancshares.

With over 20 years of experience gained through our provided services as well as our deep commitment to empowering communities, you can trust that our staff of professionals are the premier mortgage lenders in Florida. If you’re curious to learn about why you should choose us as well as what services we provide, then continue reading below.

Why You Should Choose American Bancshares as Your Trusted MLO in Florida

We here at American Bancshares are recognized as a reliable and highly established MLO in Florida. For over 20 years, our organization has empowered partners and helped communities. And as a result, our services have extended far beyond the Sunshine State.

American Bancshares was designed and created by industry professionals who possess a deep understanding of today’s home financing market. Unlike a bank, we only offer mortgage products, meaning that all our MLOs in Florida are licensed and well-versed in mortgage lending. Not only are they qualified to offer you expert and ethical advice, but they’re also more than devoted to assisting you in finding the right loan with the best rate, terms, and cost-effectiveness to fulfill your best interests.

Our driven, deep passion for serving the community derives from our core values of commitment, integrity, and transparency. Many of our staff members — including our senior management — have sat in every chair of the mortgage industry, which has allowed us to gain insight into the industry from all perspectives. And thanks to this in-depth knowledge, we’re allowed to effectively and efficiently adapt to industry change while still providing you with super service and first-in-class customer services that we’re so widely known for.

We possess leveraged technology to provide you with a simple, straightforward, online stress-free mortgage application experience. 

FHA Mortgage Loans in Florida

There’s a common misconception that with low income and an even lower credit score, you’re not able to purchase a house. However, this couldn’t be further from the truth. With a Federal Housing Administration (FHA) loan provided by an FHA-approved Florida mortgage lender, you can best believe that you’ll be able to purchase property easily even when you’re financially disadvantaged.

FHA loans are designed to assist low-to-moderate income borrowers. They require a lower than a standard down payment and credit score. If your credit score is at least 580, your down payment may be as low as 3.5%. And even if your credit score is even lower (somewhere between 500-579) you can still qualify for an FHA loan as long as you’re able to make a 10% down payment.

As mortgage lenders in Florida, we are deeply driven to continuously improve the quality of our communities. If you have a low credit score and need assistance paying for the acquisition of property, don’t hesitate to call us.

Jumbo Mortgage Loans in Florida

It seems impossible to get that huge, luxury home of your dreams when you have little in the bank to pay for it. But it is possible when you’re approved for a jumbo mortgage loan.

Jumbo mortgage loans in Florida are designed to finance luxury properties and homes that are offered in highly competitive local real estate markets. If you apply for one, you will undergo more rigorous and strict credit requirements than those applying for a conventional loan. However, thanks to our team’s expertise as Florida mortgage lenders, we’ll be able to indicate if you’re eligible for a jumbo mortgage loan or not. If you possess an above-average credit score and a very low debt-to-income ratio, you may be able to qualify for a jumbo mortgage.

USDA Mortgage Loans in Florida

One of the most popular mortgage loans in Florida is the USDA mortgage loan (also known as the USDA Rural Development Guaranteed Housing Loan Program). This mortgage loan is offered to rural property owners by the United States Department of Agriculture. 

With this loan, you’re given a zero down payment mortgage if you’re eligible for the loan.

VA Mortgage Loans in Florida

If you’re an active service member, a veteran, or even the surviving spouse of either/or, you may qualify for a VA loan. 

Being the premier MLO in Florida doesn’t just come from hard work, it also comes from acknowledgment. And we acknowledge just how much the great service members of the military have done for our nation. Which is we’ll happily assist you by navigating you through the complexities of  VA mortgage loans in Florida.

VA mortgage loans in Florida have generous terms including no down payment, no mortgage insurance, no prepayment penalties, and no limited closing costs. No matter if you’re still in the military, a veteran, or even if you’re a surviving spouse, we can help you.

Reverse Mortgage Loans in Florida

You’ve lived in your home for a long time and now you’re burdened with keeping up with mortgage payments. But if you’re 62 or older and possess considerable home equity you can borrow against the value of your home in whatever payment type best fits you. Unlike standard mortgage loans in Florida, reverse mortgages don’t require you to make any loan payments.

In today’s modern world, you must be careful when applying for a reverse mortgage loan. The Florida mortgage lender you seek services from in regards to reverse mortgages may attempt to scam you. This is why you should always receive a reverse mortgage from a reputable MLO in Florida.

When you speak with us, we’ll be able to indicate to you if a reverse mortgage is the best course of action.

Hire American Bancshares For Their Mortgage Loans in Florida

When you’re ready to purchase your desired property and need assistance from a qualified Florida mortgage lender, pick up the phone and call the experts over at American Bancshares. American Bancshares has been trusted by numerous clients for not only their professionalism and expertise but also for their devotion to helping you become a part of a better community. You can trust that with our deep knowledge and handiwork, you’ll become absolutely satisfied with our services. For any inquiries, you may call us at 1-833-937-2276 or sign up for a free consultation online.