AimLoan Home Mortgage

AimLoan Home Mortgage Review

AimLoan Home Mortgage is offered by AimLoan (NMLS #2890), a direct lender founded in 1998 and based in San Diego, CA. AimLoan Home Mortgage is available in 50 states (and Washington, DC).

Key Takeaways

• Only two mortgage programs offered. AimLoan Home Mortgage provides VA conforming and conventional mortgages.
• Specializes in multi-family properties. Only offers mortgages for multi-family properties, but not for single-family homes or manufactured homes.
• Non-standard interest rates available. AimLoan Home Mortgage only offers hybrid mortgages.
• Primary and secondary homes considered. Investment homes, such as rental properties, do not qualify for financing. However, AimLoan Home Mortgage does offer financing for primary and secondary homes (e.g. vacation properties).
• Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.

AimLoan Home Mortgage Pros & Cons

Aimloan FAQ

How much can you borrow via AimLoan?

Aimloan allows borrowers to apply for loan amounts of up to $1,100,000. 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 Aimloan?

Aimloan offers mortgages with terms ranging from 5 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 AimLoan 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.

Aimloan offers home loans with APRs starting at 2.658% .

Do they charge mortgage origination fees?

Yes, Aimloan may charge a loan origination fee.

What mortgage programs are available?

Besides conventional mortgages, Aimloan offers the following mortgage types:

What property usage types does Aimloan allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Aimloan allows the following property usage types: 

• Primary home

What is the customer service phone number?

The customer service number for AimLoan Home Mortgage is (888) 411-4246.

What is the support contact email?

The support contact email for this business credit card is information@aimloan.com.

How do people rate the customer service and user experience?

Overall, this business credit card is mostly recommended based on community reviews that rate customer service and user experience.