Mortgage Loans in Orlando

In today’s day and age, buying the best home can prove to be a mission in and of itself. But looking for the right mortgage lender can be even more challenging. There are countless choices for you to choose from, especially in the city of Orlando, FL, where there exist numerous Orland mortgage lenders who are more than willing to offer you the best deal around. But even though such lenders and deals look promising, it’s crucial you’re aware that not all mortgage loans in Orlando will offer the same set of terms and conditions. Plus, 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 best Orlando 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 devotion to empowering communities, you can put your full faith in our team of experts as they’re the premier mortgage lenders in Orlando. 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 Orlando

Our Orlando mortgage lenders are widely recognized as one of the most trustworthy and highly established MLO in Orlando. For 20+ years, American Bancshares has helped empower partners and even assisted communities. And due to this, our work has extended far beyond the city of Orlando.

Our mortgage loans in Orlando were designed and created by industry experts 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 Orlando are licensed and versed in mortgage lending. More so, they’re also qualified to even offer you ethical and professional advice and are also dedicated to helping you find the right loan with the best 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. The majority 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 because of their in-depth knowledge, we’re able to effectively and efficiently adapt to industry changes while still being able to provide you with the greatest service and first-in-class customer services that we’re so widely recognized for.

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

FHA Mortgage Loans in Orlando

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

FHA loans are designed to assist low-to-moderate income borrowers. They require a lower-than-standard down payment and if your credit score that’s at least 580, your down payment can likely turn out to be as low as 3.5%. Also, if you possess 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.

As an MLO in Orlando, 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 Orlando

It seems impossible that you’re able 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 Orlando 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 staff’s expertise as mortgage lenders in Orlando, our team will 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 might be able to qualify for a jumbo mortgage.

USDA Mortgage Loans in Orlando

One of the best and most popular mortgage loans in Orlando 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 Orlando

If you are actively serving, are a veteran, or are even the surviving spouse of either/or, you might qualify for VA mortgage loans in Orlando.

Being recognized as the greatest Orlando mortgage loan lender doesn’t just spawn from hard work. It also comes from acknowledgment, and we acknowledge just how much the amazing service members of the military have done for our nation. This is why American Bancshares will happily help you by guiding you through the complexities of VA mortgage loans in Orlando.

VA mortgage loans in Orlando are designed 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 Orlando

You’ve been living in your home for quite some time and now you’re burdened with keeping 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 need. Unlike standard mortgage loans in Orlando, reverse mortgages don’t require you to make any loan payments.

In this modern age, you have to be careful when applying for a reverse mortgage loan. The MLO in Orlando you seek service from in regards to reverse mortgages may try to scam you. This is why you should always receive a reverse mortgage from a reputable MLO in Orlando.

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 Orlando

When you’re ready to purchase your desired property and need assistance from a qualified mortgage lender in Orlando, 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 schedule a free consultation online.