When you choose AmCap as your mortgage lending company, you can rest easy knowing you’ve found your true partner.
Begin your pre-qualification online using our secure, encrypted and completely private online pre-qualification through our loan center.
Let’s get moving— FIND A PRODUCT that suits your needs.
Conventional Home Loans
A Conventional Loan is a mortgage that is not guaranteed or insured by any government agency, including the Federal Housing Administration (FHA), the Farmers Home Administration (FmHA), and the Department of Veterans Affairs (VA). It is typically fixed in its terms and rate.
Conventional Loan borrowers typically make larger down payments than FHA borrowers, and they tend to have a more secure financial standing and are less likely to default. A larger down payment means lower monthly payments. Plus, with the ever-increasing mortgage insurance premiums on FHA loans, payments for conventional loans that don’t require private mortgage insurance can be much more manageable in comparison.
• Up to 97% financing available
• 0 score financing available
• Citizen Abroad program available
• Financing available for up to 10 properties
• FNMA Homestyle Renovation Loan available
FHA Home Loans
Federal Housing Administration or FHA provides mortgage insurance on loans made by FHA-approved lenders. FHA insures these loans on single-family and multi-family homes in the United States and its territories. It is the largest insurer of residential mortgages in the world, insuring tens of millions of properties since 1934 when it was created. Designed for low-to-moderate-income borrowers, FHA loans require lower minimum down payments and credit scores than many conventional loans.
FHA Home Loans are a good option for first-time homebuyers who may not have saved enough for a large down payment. Even borrowers who have suffered from bankruptcy or foreclosure may qualify for an FHA-backed mortgage.
• 203K Full and 203K Streamline
• 203H Disaster Loan
• 0 score financing available
VA Home Loans
A VA Home Loan is a mortgage loan that’s issued by private lenders and backed by the U.S. Department of Veterans Affairs. It helps U.S. veterans, active duty service members, and widowed military spouses buy a home. Eligible borrowers may only use VA loans for their primary residence. You can’t finance an investment property or vacation home with a VA loan.
Most members of the regular military, veterans, reservists, and National Guard are eligible to apply for a VA Home Loan. Spouses of military members who died while on active duty or as a result of a service-connected disability also can apply. Active-duty military personnel generally qualify after about six months of service. Reservists and members of the National Guard must wait six years to apply, but if they are called to active duty before that, they gain eligibility after 181 days of service.
• No Downpayment Required
• No Private MIP
• 0 score financing available
USDA Home Loans
A USDA Home Loan from the USDA loan program, also known as the USDA Rural Development Guaranteed Housing Loan Program, is a mortgage loan offered to rural property owners by the United States Department of Agriculture.
USDA Home Loans have Maximum Household Income Limits which vary by the County in which you purchase a home. The Maximum Household Income Limits are based upon everyone in the home who is a wage earner, even if their income is not going to be used to qualify for the USDA Loan.
• No Down Payment Required
• Ability to roll in MI for low closing costs
• Streamline and Streamline Assist programs available
Jumbo Home Loans
A Jumbo Loan or Jumbo Mortgage is a loan that may have high credit quality but is in an amount above conventional conforming loan limits. This standard is set by the two government-sponsored enterprises, Fannie Mae and Freddie Mac, and sets the limit on the maximum value of any individual mortgage they will purchase from a lender.
Traditionally, the interest rates on jumbo mortgages are higher than for conforming mortgages, however, with GSE fees increasing, Jumbo loans have recently seen lower interest rates than conforming loans.
• Up to 95% financing
• Up to 90% financing with NO MI
• Cashout loans available
• Reduced doc available