First American Mortgage is one of the most trusted names in the home financing industry. With over 100 years of experience, the company has helped millions of Americans achieve their dream of homeownership. If you are looking for a reliable mortgage lender, First American Mortgage is definitely worth considering. In this article, we will provide you with all the information you need to know about First American Mortgage.
What is First American Mortgage?
First American Mortgage is a division of First American Financial Corporation, a leading provider of title insurance, settlement services, and risk solutions for real estate transactions. The company was founded in 1889 and has since grown into a Fortune 500 company with over 18,000 employees worldwide. First American Mortgage offers a wide range of mortgage products, including conventional, FHA, VA, and jumbo loans.
Why Choose First American Mortgage?
There are many reasons why you should choose First American Mortgage as your lender. Here are just a few:
- Experience: First American Mortgage has over 100 years of experience in the home financing industry.
- Reliability: The company has a reputation for being reliable and trustworthy.
- Competitive Rates: First American Mortgage offers competitive interest rates and fees.
- Personalized Service: The company provides personalized service to each and every one of its customers.
- Convenience: First American Mortgage has a user-friendly website and mobile app that makes applying for a mortgage easy.
First American Mortgage Products and Services
First American Mortgage offers a wide range of mortgage products and services to meet the needs of its customers. Here are some of the products and services offered by the company:
Conventional Loans
Conventional loans are mortgage loans that are not backed by the government. First American Mortgage offers fixed-rate and adjustable-rate conventional loans with a variety of terms. These loans are ideal for borrowers who have good credit and a stable income.
FHA Loans
FHA loans are mortgage loans that are backed by the Federal Housing Administration (FHA). First American Mortgage offers FHA loans with low down payment requirements and flexible credit guidelines. These loans are ideal for first-time homebuyers and borrowers with less-than-perfect credit.
VA Loans
VA loans are mortgage loans that are guaranteed by the Department of Veterans Affairs (VA). First American Mortgage offers VA loans with no down payment requirements and flexible credit guidelines. These loans are exclusively available to eligible veterans, active-duty service members, and their spouses.
Jumbo Loans
Jumbo loans are mortgage loans that exceed the conforming loan limit set by Fannie Mae and Freddie Mac. First American Mortgage offers jumbo loans with competitive interest rates and flexible terms. These loans are ideal for borrowers who need to finance a high-value property.
How to Apply for a First American Mortgage Loan
Applying for a mortgage loan with First American Mortgage is easy. Here are the steps you need to follow:
- Visit the First American Mortgage website or download the mobile app.
- Fill out the online application form or use the app to apply.
- Submit your application and wait for a response from a loan officer.
- If you are approved, you will receive a loan estimate that outlines the terms of your loan.
- Review the loan estimate and sign the necessary documents.
- Close on your loan and start enjoying your new home!
Conclusion
First American Mortgage is a trusted name in the home financing industry. With a wide range of mortgage products and services, competitive rates, and personalized service, the company is a great choice for anyone looking to buy a home. If you are interested in applying for a mortgage loan with First American Mortgage, visit their website or download their mobile app today.