AD Mortgage Home Loans

AD Mortgage Home Loans Review

AD Mortgage Home Loans are offered by AD Mortgage LLC (NMLS #958660), a nonbank financial services provider founded in 2005 and based in Hollywood, FL. AD Mortgage Home Loans are available in 50 states (and Washington, DC).

Key Takeaways

• Only offers one mortgage pogram. AD Mortgage Home Loans only provides jumbo mortgages.
• Specializes in multi-family properties. Only offers mortgages for multi-family properties, but not for single-family homes or manufactured homes.
• Standard interest rates types. AD Mortgage Home Loans offers adjustable-rate mortgages and fixed-rate mortgages.
• Only primary residences considered. AD Mortgage Home Loans does not offer financing for vacation homes or investment properties.
• Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
• Cosigner and coborrower applications accepted. A cosigner or coborrower can help you qualify for better rates and terms when applying for AD Mortgage Home Loans.
• Fair credit accepted. Borrowers with a credit score as low as 660 may qualify for AD Mortgage Home Loans.

AD Mortgage Home Loans Pros & Cons

AD Mortgage FAQ

How much can you borrow via A&D Mortgage LLC?

AD Mortgage allows borrowers to apply for loan amounts of up to $3,000,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the lender you choose.

What is the maximum loan term you can get with AD Mortgage?

AD Mortgage offers mortgages with terms ranging from 15 to 30 years. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

What mortgage rates does A&D Mortgage LLC offer?

Mortgage rates change daily based on market conditions and vary significantly depending on the loan type and the length of the term. For instance, fixed rate mortgages will typically have a higher interest rate than mortgages with variable rates, and jumbo loans usually have higher mortgage rates than conforming conventional loans. Find the best interest rate available to you by getting quotes from three or more mortgage lenders before choosing a home loan.

Do they charge mortgage origination fees?

Yes, AD Mortgage may charge a loan origination fee.

What mortgage programs are available?

Besides conventional mortgages, AD Mortgage offers the following mortgage types:

• Jumbo loans: Any mortgage with a loan amount above the conforming loan limits set by the Federal Housing Finance Agency ($726,000 as of 2023).

What is the customer service phone number?

The customer service number for AD Mortgage Home Loans is (305) 760-7000.

What is the support contact email?

The support contact email for is info@admortgage.com.