Loans

SELECTING THE RIGHT LOAN FOR YOU

  • Adjustable Rate Mortgage

    An adjustable rate mortgage (ARM) includes payments that shift during the loan’s term depending on current market conditions. Generally, these loans carry a fixed-interest rate for a set period of time before they adjust. Use our loan calculator to estimate what your monthly payment might be.

  • 15-Year Fixed Mortgage

    A 15-year fixed mortgage is a loan that remains fixed for a term of 15 years. During this period, your rates will never increase. Fixed mortgage payments are calculated based on the amount of the loan, interest rate, compounding frequency and duration.

  • 30-Year Fixed Mortgage

    A 30-year fixed mortgage is a loan that remains fixed for a term of 30 years. During this period, your rates will never increase. Fixed mortgage payments are calculated based on the amount of the loan, interest rate, compounding frequency and duration.

  • Loan Assistance

    If you qualify, there is loan assistance available in the form of Veteran Affairs Loans, Federal Housing Administration Loans or United States Department of Agriculture Loans. We can help you find the right fit for your housing needs.

  • 203K Loan

    The 203k is a mortgage loan option from the FHA that’s meant to help buyers purchase an old or damaged home and repair it. 203k loans cover the costs of repairing decks, patios, kitchens, bathrooms, plumbing, flooring, siding, heating and air conditioning. Plus, the down payment requirements are low.

Family buying a house

Adjustable Rate Mortgage

An adjustable rate mortgage (ARM) includes payments that shift during the loan’s term depending on current market conditions. Generally, these loans carry a fixed-interest rate for a set period of time before they adjust. Use our loan calculator to estimate what your monthly payment might be.

15-Year Fixed Mortgage

A 15-year fixed mortgage is a loan that remains fixed for a term of 15 years. During this period, your rates will never increase. Fixed mortgage payments are calculated based on the amount of the loan, interest rate, compounding frequency and duration. Use our loan calculator to estimate what your monthly payment might be.

FHA Loan

You may want to consider an FHA loan in order to get low mortgage rates with a minimal down payment. An FHA loan is a mortgage that is insured by the Federal Housing Administration, meaning that your down payment may be as low as 3.5% of the purchase price.

VA Loan

If you’re a veteran, you qualify for a VA loan, which is a mortgage guaranteed by the Department of Veteran Affairs. VA loans offer low interest rates and a no-down-payment option.

Couple at home

USDA Loan

Based on your income and your property’s location, you may be eligible for a USDA home loan. Contact American Lending Solutions, and we’ll assist you in determining if a USDA loan is appropriate for you and even help you apply.

203k Loan

The 203k is a mortgage loan option from the FHA that’s meant to help buyers purchase an old or damaged home and repair it. 203k loans cover the costs of repairing decks, patios, kitchens, bathrooms, plumbing, flooring, siding, heating and air conditioning. Plus, the down payment requirements are low.

American Lending Solutions can help you find out if your property qualifies and can assist you in applying for a 203k loan.

Buying Your First Home
Questions? Talk to an expert: (855) 257-5363