Looking for that forever luxury home can be very difficult to find in this modern age. It can also be just as challenging and even very burdening when you’re trying to find and hire the best mortgage lenders. There are many choices for you to select from, especially when you’re looking for a reliable candidate in Orlando, FL, where many Orlando jumbo loan lenders will make an offer that seems to assure. But while such offers seem appealing and advantageous, it’s important you’re aware that not all jumbo mortgage loans in Orlando offer the same set of terms and conditions. And if you’re frustrated with trying to find the right loan lender, then don’t keep burdening yourself when you can hire the experts over at American Bancshares.
Our organization carries 20+ years of experience that’s gained from their high-end and exceptional provider services as well as their deep devotion to empowering communities. Because of such traits, we’re recognized as the best lender of jumbo loans in Orlando, FL for many years. If you would like to learn more about why you should choose us as well as what a jumbo loan is, then continue reading below.
Here at American Bancshares, we’re recognized nationwide as both one of the most highly-established and reliable Orlando jumbo loan lenders. For more than 20 years, our company has empowered various partners and communities. And as a result of our work, our provided services have extended far across the entire nation.
Our organization’s structure was created and designed by industry experts who are both deeply versed and knowledgeable about the modern home financing market. Unlike banks, American Bancshares offers mortgage products, meaning that all of our lenders of jumbo mortgage loans in Orlando are licensed and experienced in mortgage lending. They’re qualified to provide you the professional and ethical advice you need. But moreover, they’re also dedicated to helping you find the right loan with a rate, terms, and cost-effectiveness that’s optimal for your needs.
American Bancshares’ deep devotion to helping the community derives from our core values as an organization: commitment, integrity, and transparency. The majority of our staff — including our senior management — have held a seat in every chair of the mortgage industry. And thanks to this experience, American Bancshares is able to gain tremendous insight from various perspectives. Moreover, this in-depth perspective paired with a deep understanding and knowledge has allowed us to easily adapt to industry trends while still providing clients first-in-class customer service that we’re so widely known for.
We possess leveraged technology to provide you with a simple, straightforward, online stress-free mortgage application experience. Through us, you’ll be granted one of our jumbo loans in Orlando that will help you acquire the luxury property you seek to buy.
That huge luxury home you’ve been eyeing may appear impossible to buy, especially when you don’t have much in the bank to pay for it. But it is possible when you’re approved for jumbo mortgage loans in Orlando.
Jumbo mortgage loans in Orlando are made to finance luxury properties and homes that are offered in highly competitive local real estate markets. You’ll need to undergo rigorous and strict credit requirements to qualify for a jumbo mortgage loan, and because of this, it can be very difficult to tell if you qualify or not. But generally, if you carry an above-average credit score and a very low debt-to-income ratio, you might just be able to qualify for jumbo loans in Orlando. And with our expertise, we’ll be able to indicate for you if you can or not.
While an Orlando jumbo loan might sound costly when it comes to down payments, the down payment requirements for jumbo loans have loosened up quite a bit compared to what they used to be in the past. Many years ago, jumbo mortgage loans in Orlando would be as high as 30% of the residence’s purchase price. Today, however, the average for that figure has decreased substantially to as low as 10% to 15%.
When you speak with a consultant of American Bancshares, we’ll be able to provide you with an estimate of what your down payment will be for our jumbo loans in Orlando.
When it comes to deciding if you should take out jumbo loans in Orlando or not, the deal-breaker is often how much you can borrow depending on your assets, your credit score, and the value of the property you’re interested in buying.
Jumbo mortgage loans in Orlando are considered appropriate for those who fall under the category of high-income earners ($250,000 – $500,000). This sort of category is called HENRY, an acronym for High Earners, Not Rich Yet. Generally, such individuals make a lot of money but don’t have millions in extra cash or other assets accumulated (yet).
Even if you do belong in the HENRY category and have not amassed a substantial amount of wealth to purchase costly luxury property, you can likely still qualify for jumbo loans in Orlando. If you have better credit scores and extensively established credit histories that are better than the average homebuyer, a jumbo loan is right for you.
When you’re ready to purchase your desired property and need assistance from a qualified Orlando jumbo 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. For any inquiries, you may call us at 1-833-937-2276 or request a free online consultation.
Servicing the community is driven by our core values of commitment, integrity, and transparency. Many of our team members and most of our senior management have sat in every chair of the mortgage industry, providing us with a full understanding of the business from all aspects. This in-depth knowledge is what allows us to quickly and efficiently adapt to industry change, while constantly providing you with superior processes and first-in-class customer service.
We have leveraged technology to bring you a simple, straightforward, online stress-free mortgage application experience.
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