American Federal Mortgage is a direct lender based in Chester, NJ. The company was founded in 1987 and offers mortgage refinancing to borrowers in 10 states across the USA.
Mortgage refianancing loans start at $40000 and go up to $3000000
The term of a mortgage refinance will determine the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. American Federal Mortgage offers mortgages refinancing with terms ranging from 15 to 30 years.
American Federal Mortgage will typically fund mortgage refinances within 30 and days of approval.
Yes, American Federal Mortgage may charge a loan origination fee.
Yes, American Federal Mortgage charges additional fees to borrowers who pay off their home loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.
American Federal Mortgage offers the following mortgage programs:
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. American Federal Mortgage allows the following property usage types:
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