APM BLOG

You’re ready to take the next step toward homeownership, but want to stand out from the crowd of other buyers when it comes time to put your offer in on the home you’ve chosen. Your dream of homeownership is important to us at American Pacific Mortgage and we’re here to help set you apart from the competition with our Keys On Time loan program.

Is owning a home your dream? What has been keeping you from achieving that dream? Maybe you assume that your lower credit score will keep you renting for years. Maybe you have been turned down in the past for a home loan because your finances don’t “fit” the standard agency or jumbo program guidelines.

As an active duty service member, Veteran, or surviving spouse of a Veteran, you have sacrificed and served our country well. American Pacific Mortgage appreciates your service! We’re here to thank you for your sacrifice and contribution with our VA loans. You deserve the home of your dreams and we offer the programs that can help you get there.

We salute our police and correctional officers. They sacrifice day in and day out in their line of work to keep our homes, streets, cities and families safe. They often put their own lives at risk on the job. Their heroism does not go unnoticed by us at American Pacific Mortgage.

You’ve finally taken the plunge and are ready to buy a home. You even have a meeting set up to meet with a loan advisor to start discussing the process and see what loan program you might qualify for. We want to help prepare you for that meeting so you can leave with the most information and knowledge possible.

Do you enjoy watching Chip and Jo tear down the walls and turn messy homes into gorgeous ones on HGTV’s Fixer Upper? If you have the desire to demolish kitchen cabinets and create your own beautifully designed space, then our Dream Home Renovation program could be just what you need.

When you are thinking about becoming a homeowner, the idea of coming up with a large down payment can feel like an overwhelming feat. Depending on what type of mortgage loan you choose, you may need anywhere from 3.5% to 20% for your down payment*.

If you’ve had to foreclose on your home in the past, you may be wondering if you’ll ever have the chance to be a homeowner again. After going through a foreclosure, it may take some time to recover, but it is possible to eventually own another home of your own.

Have you filed for bankruptcy and are wondering if buying a home is now completely out of the question for you and your family? While it may be tricky to get a mortgage loan after filing for bankruptcy, it is still possible. Even families who have a Chapter 7 or Chapter 13 bankruptcy on their credit report may be able to buy a home after some time has passed.

Interest rates are constantly fluctuating, leaving homebuyers wondering when they should lock in their rate? At American Pacific Mortgage, we have created a specialty program called SecureLock, which allows you to lock in today’s competitive rates while you shop for the home of your dreams. It’s just another way we help homebuyers achieve their goal of home ownership. 

Are you a firefighter currently employed full time with the city, county or state? If so, we want to help you get into the home of your dreams. We created our Star Loan Program to celebrate everyday heroes like you. We think you do a selfless job day in and day out and want to make the process of obtaining a mortgage a little bit easier for you.

Qualify for a low down payment mortgage with the Home Ready Program

Home Ready by Fannie Mae is a specialty American Pacific Mortgage Program designed to serve your unique needs. It is an alternative to the Federal Housing Administration (FHA) program, with even more flexible income qualification guidelines and 3% needed for the downpayment.*

The mortgage industry is constantly changing. New laws are signed, which then affect buyers—sometimes in their favor, sometimes against them. With a new president in office, there have been recent changes to the Federal Housing Administration (FHA) loans. We simplify those changes below and let you know how they could affect you if you are looking to buy a home.

Condominium properties can offer many benefits for first-time homeowners. They can often be more affordable and require less maintenance than traditional single-family homes. If you are considering buying a condo, make sure and ask these seven questions first.

If you’re looking to purchase a home, you may have heard that discount points can help lower your interest rate and monthly payments. Lenders offer discount points through a one-time, upfront fee. The points lower your monthly payment and can help make the mortgage more affordable for the life of the loan. 

Knowing what your credit score is can be empowering to you as a first-time homebuyer. Your credit score is an important factor in getting a loan and securing a competitive interest rate when buying a home.

If you’re looking to purchase your first home, then make sure you look into and consider an Adjustable Rate Mortgage (ARM). An ARM can be a powerful tool for first-time homeowners.

New maximum loan limits were announced by the Federal Housing Finance Agency for conforming loans. The loans will vary by county, but for most of the United States, the 2017 maximum loan limit for one-unit properties will be $424,100, an increase from $417,000 (the level set back in 2006).