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American Home Mortgage

       

No of Reviews : (5)
 
  Over all American Home Mortgage Rating
Coverage 60%
Cost 60%
Customer Service 52%
Claims 52%
   
       
 
   

All About American Home Mortgage

Founded in 1987 in New York City, American Home Mortgage is one of the top 20 national lenders with coast-to-coast operations and the ability to originate loans in all 50 states and the District of Columbia. Over the years the firm has built a strong reputation as an outstanding mortgage brokerage firm serving the lending needs of real estate professionals, builders and individual home buyers throughout Arizona.

With the leading edge technology, huge variety of competitive mortgage products, network of highly skilled loan officers and analysts the firm has the resources available to closely match its customers needs and objectives to their mortgage. It also has a long tradition of outstanding customer service as it never forget that its customers are the reason for its existence. The Company which holds a leveraged portfolio of mortgage assets for net interest income expects that by self-originating its holdings, it will be able to add to its portfolio at a reduced cost compared to purchasing additional assets in the market.

The Company operates a mortgage origination business of retail offices through its wholly-owned subsidiary, American Home Mortgage Corp., wholesale loan production offices through its American Brokers Conduct Division and also purchases loans through its correspondent channel. It also estimates that through self-origination, the yield on its holdings will be higher than the yield available from similar market-purchased assets.

The On line services provided by American Home Mortgage are:

  • Loan payments
  • Shop homes On line
  • Check loan status
  • Mortgage calculators:
    The mortgage calculators answer preliminary questions about qualification. This cutting-edge technology and mortgage products can frequently provide a much higher level of qualification than indicated. American Home Mortgage work with industry partners to provide its mutual clients with value and service. They have resources readily available to support the partnerships. It also provides clients with direct access to courteous, professional loan officers to assist them with all real estate lending needs.

     
     
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      Reviews  
    Review By: Mike
    Location: Jackason, Michigan
    Type of Mortgage: Home Purchase
    Date: 04-16-2009
       
       
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    Summary
    Oh my God!!!! our mortgage was taken over by these people from Citi back in Feb and it has been a nightmare!!!! Extremely impossble to reach someone and impossible to reach one that speaks good english.We are now way behind in our mortgage because my zip code was off by one digit!!! I am going to work extremely hard at getting refinanced so I can get away from this sorry excuse of a company.
     
    Review By:
    Location: cherry hill, New Jersey
    Type of Mortgage: Refinance
    Date: 01-23-2008
       
       
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    Summary
    They suck! Impossible to reach by phone - endless hours on hold. Messed up tax payments. Totally unprofessional. DO NOT DO BUSINESS WITH THEM!! You've been warned..
     
    Review By:
    Location: Shreveport, Louisiana
    Type of Mortgage: Home Purchase
    Date: 09-04-2007
       
       
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    Cost
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    Summary
    Extremely poor customer service after the sale. The local office service was great, the call center and subsequent calls have proven to me that their customer service after they get your money is awful..
     
    Review By: Sharon
    Location: San Diego, California
    Type of Mortgage: Debt Consolidation
    Date: 02-24-2007
       
       
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    Summary
    About 3 years ago, I was looking for a bank that offered a higher rate of interest than my current neighborhood bank does. That's when I found American Home Mortgage. They were offering an interest rate that was much higher than my current bank, so I thought I would give them a try- and it really worked. American Home Mortgage lets you open as many savings accounts as you wish, and they have no minimum account balance. The accounts they offer have great interest rates compared to any other local bank I have found. Their website is very easily navigated. Transferring your money is easy, just log onto their website and click on the accounts you wish to transfer money to or from. .
     
    Review By: Mitchel
    Location: Chicago, Illinois
    Type of Mortgage: Refinance
    Date: 02-06-2007
       
       
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    Summary
    Whether you're looking to purchase or refinance, you will not find better personalized service anywhere! except American Home Mortage. Today, we're inundated with high stakes marketing campaigns from lenders across the country that want our business....I say, HANG ON! Don't entrust one of your biggest financial decisions to someone whom you do not know. More importantly, with someone who does not have your best interests at hand. If you're more old-school and prefer to actually speak with your loan officer who will act as your advisor, just look for American home Mortage. .
     
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