American Equity Mortgage

Introduction to American Equity Mortgage

American Equity Mortgage is one of the leading mortgage companies in the nation. They specialize in all types of home related loans including first time loans, refinancing options, bill consolidation and equity lines of credit. American Equity Mortgage has the ability to work with all types of applications including those with less than perfect credit.

American Equity Mortgage has offices located throughout the country where you can apply for a loan or you can apply directly online. Visiting their website will allow you to find a close location to apply at if you do not feel comfortable applying over the internet.

American Equity Mortgage Mortgage Rates

American Equity Mortgage offers competitive loan rates based on your qualifying factors. Loan amount, type of loan and credit scores are all considered when deciding the mortgage rates. People that qualify for an FHA loan, which provides mortgage insurance, generally have lower interest rates than those who do not carry insured mortgages. Some types of loans, like interest only or adjustable rate, have lower interest rates at the beginning of the loan. However, bith of these loan types will increase after the initial period is over.

American Equity Mortgage Refinance Rates

American Equity Mortgage provides the borrower two options for refinancing. They can secure a new first mortgage which pays off there old loan or obtain a second mortgage. Refinance mortgages can be sought for many reasons. Debt consolidation, home repairs or cash out for other projects are typically the reason for refinancing. Obtaining a refinance is also a great way to reduce your monthly payment if you can reduce at a lower interest rate.

Refinancing rates will be based on the same qualifications as a first mortgage. Loan amount, property value and credit will all be used to determine the loan rate.

American Equity Mortgage Home Equity Rates

American Equity Mortgage offers two options for equity lines of credit. You can either apply for a lump sum payment or have the opportunity to draw off the account with checks when the cash is needed.

American Equity Mortgage offers very competitive rates for their HELOC program and many consumers find that using this program with its lower interest rates is more attractive than high interest credit cards. Home equity money can be used for whatever purpose the home owner desires.

American Equity Mortgage Information

American Equity Mortgage can be reached at 800.236.2600
This number can answer all your questions and guide you to a location nearest you. Each office serves as a main office for their area.

They can also be reached at americanequity.com

On the site you can find a location, apply for a loan or research their site for the latest rate information.