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  American United Mortgage Refinance
American United Mortgage Refinance
in Mortgage Refinance from American United Mortgage Corp · NMLS ID #75965
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American United Mortgage Refinance

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in Mortgage Refinance from American United Mortgage Corp · NMLS ID #75965
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Highlights
Loan Amount Up to $3,000,000
Loan Term (Years) 15 - 30 years

American United Mortgage Refinance Review

American United Mortgage Refinance is offered by American United Mortgage Corp (NMLS #75965), a direct lender founded in 1995 and based in Scotch Plains, NJ. American United Mortgage Refinance are available in 1 state across the USA.

Key Takeaways

  • 3 different mortgage programs offered. American United Mortgage Refinance refinances FHA, FHA 203k, 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. American United Mortgage Refinance offers hybrid mortgages, and fixed-rate mortgages.
  • Considers personal use and investment properties. Refinancing available for primary homes, vacation homes, and even investment homes, such as rental properties.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.

American United Mortgage Refinance Pros & Cons

Pros Cons
  • Charges an origination fee.
  • Charges prepayment fees.
  • Only available in 1 state.

American United Mortgage Refinance FAQ

What is the maximum loan term for a mortgage refinance via American United Mortgage Refinance?

The term of a mortgage refinance will impact the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. American United Mortgage Refinance offers mortgage refinancing with terms ranging from 15 to 30 years.

How long does American United Mortgage Refinance take to refinance?

American United Mortgage Refinance does not provide details on the average time to close a refinance. However, it typically takes 30 to 45 days to complete a refinance. Of course, a lot depends on the market, the lender, and how long appraisals and inspections take.

Does American United Mortgage Refinance charge a mortgage origination fee?

Yes, American United Mortgage Refinance will charge a loan origination fee.

What mortgage programs does American United Mortgage Refinance offer?

American United Mortgage Refinance 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 United Mortgage Refinance allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. American United Mortgage Refinance allows the following property usage types: 

  • Primary home
  • Secondary homes and vacation properties
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Other Services by American United Mortgage Corp

Availability

  Available in 1 state
New Jersey
Availabile in all of New Jersey

Feature Breakdown

Intended Use
  • Primary Home
  • Secondary Home
  • Investment
APR Starting at 2.979%
Loan Term 15 - 30 years
Loan Amount Up to $3,000,000
Interest Rate Types Offered Hybrid Mortgage
Mortgage Programs
  • FHA
  • FHA 203k

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