Where does American Interbanc Mortgage do business?
American Interbanc Mortgage is a direct lender based in Irvine, CA. The company was founded in 1998 and offers mortgages to borrowers in 12 states (and Washington, DC).
How much can you borrow via American Interbanc Mortgage?
American Interbanc 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.
Does American Interbanc Mortgage charge a mortgage origination fee?
Yes, American Interbanc Mortgage may charge a loan origination fee.
What mortgage programs does American Interbanc Mortgage offer?
American Interbanc Mortgage offers the following mortgage types:
- Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
- FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
- FHA 203k: An FHA mortgage you can also use to finance home improvements.
What property usage types does American Interbanc Mortgage allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. American Interbanc Mortgage allows the following property usage types:
- Primary home
- Secondary homes and vacation properties
Other Services by American Interbanc Mortgage
- Washington, DC
- New Jersey