Basics, Pros and Cons of 30-Year Mortgages

By JL LLavina / November 25, 2018

Recently in this space, we discussed the pros and cons of a 15-year home mortgage. This is the shortest time period available for most mortgages, and has its own set of qualities that might or might not work for your situation. Today, we’ll discuss the 30-year mortgage – the longest option typically available, and part…

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Pros and Cons of Mortgages

Basics, Pros and Cons of 15-Year Mortgages

By JL LLavina / October 20, 2018

If you’re looking for a home loan for a new house, one of the first big choices you’ll make will be regarding the term of the loan. Mortgages come in terms ranging from 15 years all the way up to 30 years, with several benchmarks in between. At American Loans, we offer a variety of loan…

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home value

Assessing the Value of Your Home

By JL LLavina / September 17, 2018

Whether you’re considering a home refinance or looking for some other reason, there are plenty of situations where you might want to know the value of your home. A home is truly only worth what someone will pay for it, but there are methods for determining the general market and getting a good idea of…

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Learn when and why you should refinance a home loan with these tips from American Home Loans. Take control of your mortgage payments today!

Why/When to Refinance A Home Loan 

By JL LLavina / August 17, 2018

During tough financial times, it’s natural for many of us to need a little extra breathing room for any number of reasons. Some might be able to take on a second job, and others might look to a short-term loan like a title or personal loan to get them over a brief hump. For people…

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Factors to Consider in Rental Property Investments

By JL LLavina / July 2, 2018

Most people think of a home mortgage as a way to get the money up for a home purchase for you and your family, and this is indeed their primary use. However, another service we offer at American Loans & Mortgages is one that fewer people think of in the home loan sphere: Rental or…

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Basics and Benefits of Subprime Loans

By JL LLavina / June 21, 2018

Not everyone has great credit or a perfect income situation, and just because you’re in a position where one or both of these areas is lacking doesn’t mean you can’t be in the market for a new home. There are options available for low credit home loans, and one such option is the subprime loan.…

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How Jumbo Loans Can Benefit You

By JL LLavina / May 15, 2018

For people within a higher income range, the mortgage game can be a bit different than normal. People looking for a nicer home will naturally need a correspondingly larger mortgage loan, and there are certain limits on most conventional loans which might make this more difficult to attain. This is where an option called a…

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Why a Fixed-Rate Mortgage?

By JL LLavina / April 3, 2018

There are several big questions to be asking yourself during the process of applying for a new home mortgage, and one of the most important is the basic loan interest format you’ll be taking. Mortgage rates are some of the most important factors in determining whether you made a good investment and whether you choose…

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Closing Costs

Tips for Reducing Closing Costs

By JL LLavina / October 10, 2017

For anyone with experience in the real estate industry, the term “closing costs” stir up negative emotions. These costs are paid at the closing of any real estate transaction, and they can often sneak up on you during or after the home loan process. At American Loans & Mortgages, one of the primary perks of…

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reverse mortgage options

The Many Benefits of Reverse Mortgages

By JL LLavina / February 20, 2017

It’s common and understandable to think of a mortgage only in terms of a long-term expense, but for people of a certain age or beyond, this isn’t always the case. Most people spend a great portion of their adult lives paying a mortgage, but there’s a certain point at which the opposite becomes possible –…

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