American Federal Mortgage is a licensed mortgage banker. Since the incorporation in 1986, American Federal Mortgage has dedicated exclusively to mortgage lending. They are a direct lender, underwriting and closing loans. An Equal Housing Lender, American Federal Mortgage has been approved by Fannie Mae, Freddie Mac, the New Jersey Mortgage Finance Authority, and the Veterans Administration. In addition, our HUD (Housing & Urban Development) approval allows us to write FHA (Federal Housing Authority) loans. Principals of American Federal Mortgage have over 35 years of mortgage banking experience. In addition, all of mortgage representatives are experts in the lending field, with virtually decades of experience amongst them. They are knowledgeable professionals, trained in guiding the customers through the maze of financing options, working with clients to determine the mortgage plan best suited to the needs.

The network of field representatives puts us literally on your doorstep. American Federal Mortgage offers a wide variety of mortgage plans products & services as well as special plans for First Time Buyers, Relocation Loans, loans requiring no Personal Mortgage Insurance (PMI), and other innovative choices. American Federal Mortgage focuses on offering low rates. The various additional services provided to customers include low overhead, streamlined application process and quick approval policy in the form of lower rates. We offer highly competitive rates on the mortgages that people rely on most when purchasing a new home. Our fixed and adjustable rate mortgages are designed to make home purchase.

American Federal mortgages provide:

• Unbeatable Rates
• Simplified Qualification
• Fast Commitments
• Convertible Option
• Rate Caps and Ceilings
• Immediate Credit Review
• Application Assistance
• Rate Lock Periods from 60 day - 180 day
• Float Down Options

Fixed rate mortgages are available for terms of 10, 15, 20, 25 or 30 years. Offering the security of a fixed payment over the term of the loan, you can rely on this mortgage to always fit your budget. Adjustable rate mortgages (ARM's) are a popular way to take advantage of a fluctuating interest rate market for 1, 3, 5, 7 or 10 year term. ARM's offer lower rates and lower payments than fixed rate mortgages. An Adjustable Rate Mortgage may be the perfect choice if you intend to own the property for a limited number of years.

Since the incorporation in 1986, American Federal Mortgage have dedicated exclusively to mortgage lending experience on staff - experience that works to your advantage.