Mortgage Loans In Boca Raton

In this day and age, purchasing the home of your dreams can prove to be a mission in and of itself. But seeking the right mortgage lender can be even more challenging. There are numerous choices for you to choose from, especially in the city of Boca Raton, FL, where there exists countless Boca Raton mortgage lenders who are more than willing to make you what at first will seem like the best offer around. But while such lenders and deals look promising, it’s critical you’re aware that not all mortgage loans in Boca Raton will offer the same set of terms and conditions. Additionally, it’s equally crucial you’re also aware that only one lender will prove to be the most beneficial out of all others. And if you’re burdened with trying to find the greatest Boca Raton mortgage lender, then look no further than American Bancshares.

With the 20+ years of experience we’ve gained through our provided work as well as our deep dedication to empowering communities, you can trust that our team of professionals will provide the ultimate assistance as they’re recognized as the greatest mortgage lenders in Boca Raton. 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 Mortgage Lenders in Boca Raton

Our Boca Raton mortgage lenders are widely known as one of the most reliable and highly established MLO in Boca Raton. For 20+ years, American bancshares has helped empower partners and even assisted communities. And because of this, our work has extended far beyond the city of Boca Raton.

Our mortgage loans in Boca Raton were designed and created by industry professionals who are deeply knowledgeable about the modern home financing market. Unlike banks, American Bancshares offers only mortgage products, meaning that all of our mortgage lenders in Boca Raton are licensed and versed in mortgage lending. Moreover, they’re also qualified to even offer you professional and expert advice and are also devoted to assisting you in finding the right loan with the greatest rate, terms, and cost-effectiveness to fulfill your best interests.

Our deeply driven passion for helping others comes from our core values of commitment, integrity, and transparency. Most of our team — including even our senior management — have held every single position in the mortgage industry, allowing us to gain insight in the industry from all perspectives. And thanks to their in-depth knowledge, we’re able to efficiently and effectively adapt to industry trends while still being able to provide you with the best 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 Boca Raton

There’s a common myth that with low income and an even lower credit score, you’re not able to buy a home. This, however, couldn’t be further from the truth. When you’re given a Federal Housing Administration (FHA) loan provided by FHA-approved mortgage lenders in Boca Raton, you can best believe that you’ll be able to buy property easily when you’re financially disadvantaged.

FHA loans are created to help low-to-moderate income borrowers. They require a lower-than-standard down payment and if your credit score is at least 580, your down payment may likely turn out to be as low as 3.5%. Also, if you carry a credit score that’s lower (say, somewhere between 500-579) you can still qualify for an FHA loan so long as you’re able to make a 10% down payment.

Being an MLO in Boca Raton, we’re deeply driven to continuously improve the quality of our communities. If you have a low credit score and are in need of assistance in order to pay for the acquisition of property, don’t hesitate at all to call us.

Jumbo Mortgage Loans in Boca Raton

It may seem impossible for you to purchase the 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 Boca Raton are made to finance luxury property and even homes that are offered in highly competitive local real estate markets. When you apply for one, you’ll undergo more rigorous and strict credit requirements than those applying for a conventional loan. However, because of our team’s professionalism and expertise as mortgage lenders in Boca Raton, our staff will be able to indicate if you’re eligible for a jumbo mortgage loan or not. If you carry an above-average credit score and a very low debt-to-income ratio, you might be able to qualify for a jumbo mortgage.

USDA Mortgage Loans in Boca Raton

One of the greatest and most popular mortgage loans in Boca Raton is the USDA mortgage loan (also referred to 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.

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

VA Mortgage Loans in Boca Raton

If you are an active service member, are a veteran, or are even the surviving spouse of either/or, you may qualify for VA mortgage loans in Boca Raton doesn’t just come from hard work. It also comes from acknowledgment, and we acknowledge just how much amazing service members of the military have done for our nation. This is why American Bancshares will gladly help you by guiding you through the complexities of VA mortgage loans in Boca Raton.

VA mortgage loans in Boca Raton are made to be generous, providing you with 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 Boca Raton

You’ve been an occupant in your home for a long time and now you’re struggling to keep up with mortgage payments. But if you’re 62 years of age or older and carry considerable home equity, you can borrow against the value of your home in whatever payment type best fits your needs. Unlike standard mortgage loans in Boca Raton, reverse mortgages don’t require you to make any loan payments.

In today’s day and age, you have to be careful when applying for a reverse mortgage loan. The MLO in Boca Raton you’re considering 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 Boca Raton.

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 Boca Raton

When you’re ready to purchase your desired property and need assistance from a qualified mortgage lender in Boca Raton, 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. For any inquiries, you may call us at 1-833-937-2276 or request a free consultation online.